With an increasing focus on Inheritance Tax (IHT) and upcoming changes to the rules around trusts, wealthy families are exploring new methods of investing and protecting their assets. One increasingly popular method for achieving this is through the foundation of a Family Investment Company (FIC). What is a Family Investment Read more…
It would be great if every one of us could live entirely risk and accident-free lives, alas that is not often the case, which is why various forms of life and incapacity insurance are critical to any wealth plan. Every one of us should consider the substantial risks associated with Read more…
The Bank of England has once again voted to keep interest rates at 5.25 per cent – a 16-year high. However, the minutes from the Bank’s most recent rate-setting committee suggest that they are looking to cut interest rates this August. If true, this would be the first drop in Read more…
Recent surveys indicate a mounting concern among British citizens regarding their retirement savings. As the cost-of-living crisis continues and the economy stays unpredictable, many people are worried they won’t have enough money to retire comfortably. The latest research from Wealth at Work revealed that 39 per cent of employees think Read more…
Over 200,000 pensioners – mostly women – are expected to receive letters from HM Revenue & Customs (HMRC) informing them that they are entitled to a payment of £5,000. The payments are due following errors made by the Department for Work and Pensions (DWP) resulting in underpayments to state pensions. Read more…