Adding significant value through our expert knowledge of the market...
Pensions & Retirement Planning
We provide retirement advice to private individuals as part of their comprehensive financial planning. Our experience has shown that we can add significant value through our knowledge of the market.
The value of pensions and the income they produce can fall as well as rise, you may get back less than you invested.
The Financial Conduct Authority do not regulate auto enrolment and tax planning.
Our Retirement planning strategies include:
- Annuities
- Group Pensions
- Personal Pensions
- Pre-retirement planning
- Post-retirement planning
- Small Self Administered Scheme (SSAS)
- Self Invested Personal Pension (SIPP)
- Stakeholder Pensions
- Auto Enrolment
Significant changes to Pension Rules have taken place and we are fully conversant with these. You may benefit by getting us to look at your existing arrangements to ensure they are suitable for you now that these changes have taken effect.
It is also important to realise that choice of investment for your pension funds is crucial to the performance and ultimately affects what you get back at retirement.
When benefits are to be taken there is a variety of choices. For example, you are no longer forced to draw a set income at retirement. This therefore provides considerable scope to plan more effectively when thinking about Inheritance Tax and Capital Gains Tax, as well as deferral of Income Tax.
The Quilter Economic review for August is ready to read below...
extranet.quilterfp.co.uk/downloads/library/Quilter-FP_ER-Sept20_of-Aug20_v1.pdf
extranet.quilterfp.co.uk
We are NHS QR ready!
When you come into the office simply scan our unique code using your NHS COVID-19 app 😀
The office is open 10am to 2pm Monday to Friday
Plus phone or video meetings any time Monday to Saturday
#nhscovid19app
#trackandtrace
#nhs
#keepingitlocal
#keepsafeeveryone
In this week's edition of Between the Lines
* The $1 trillion staycation
*Tesla and Apple split the difference
*Zooming away
Between the lines week 36 - September 2020 | Quilter Investors
quilterinvestors.com
Read about the $1 trillion staycation, how Tesla and Apple split the difference and Zoom’s bumper annual revenue forecast.Quilter Cheviot Weekly Comment:
The end of Abenomics?
According to The Financial Times (November 2019) Abenomics was based around the idea of “three arrows”: higher spending from the government, loose monetary policy from the Bank of Japan and a package of structural reforms to raise the long-run growth rate of the economy. The goal was to rescue the country from two decades of near stagnation and permanent deflation. Monetary and fiscal stimulus, launched when Mr Abe became prime minister, appeared to work quickly. Growth has been steady, if unspectacular.
Weekly comment: The end of Abenomics?
quiltercheviot.com
Join our experts Nick Wood, Richard Mitchell and Richard Carter in the Weekly Comment podcast.GIFTING AND INHERITANCE TAX PLANNING
Gifting to adult children
Although the older generation are likely to suffer greater wealth losses during any recession, it’s the younger generation who’re most likely to be hardest hit because they don’t have the same wealth cushion. Research has found over two thirds of millennials have seen their incomes reduce during the pandemic.
If you are looking to support your children during this time, it’s worth discussing the best and most tax efficient way to do so.
If you have seen your children(s) incomes reduce during lockdown, you may want to consider helping them financially. There are many ways they can do this. If you have an IHT liability, you can make use of some of your exemptions such as making gifts from normal expenditure out of income. In order to do this, three conditions must apply:
* It forms part of the individual’s (Settlor’s) normal expenditure.
* It was made out of their income.
* It doesn’t reduce their standard of living.
For more advice please read the article below or call Paul our Adviser on 07891 614559
How can I reduce my inheritance tax bill? | There for you
thereforyou.quilter.com
The Government’s 40% levy on estates of the deceased may seem inevitable or even inescapable, but here are six ways you could cut or mitigate it.
Guide to Retirement Brochure
Download our Guide to Retirement brochure
(Adobe PDF)
Guide to Our Services Brochure
Download our Guide to Our Services brochure
(Adobe PDF)
