Rachel Reeves announced proposals in the budget to bring "unspent" pensions into a person's estate for inheritance tax. To understand this, let's first explain the current rules, how this desired change is being managed, and our thoughts on what you might expect to see change as a result.
With the new government and changes coming from Rachel Reeves' autumn budget, now felt like a good time to highlight some of the benefits of seeking financial advice. Changing tax laws and legislation can significantly impact your plans for financial stability and that of your family. At Positive Advisers, we understand the challenges of navigating your financial journey, especially amidst changing tax laws and legislation.
As you navigate the path towards a comfortable and fulfilling retirement, Retirement planning, understanding and managing your pension can be one of the most critical financial challenges you face.
Seeking financial advice for divorce is as crucial as working with a solicitor to achieve the best financial outcome. Divorce is often a tumultuous and emotionally draining time, but it's also a financially complex process that can have significant long-term implications. Here are five compelling reasons to seek financial advice during a divorce.
As you approach retirement age, it's important to consider how you'll manage your pension savings. One option that's become increasingly popular in recent years is a drawdown pension. In this post, we'll explore what a drawdown pension is, how it works, and compare its benefits and disadvantages to buying an annuity.
With the rising cost of medical treatments, it is essential to have private medical insurance to ensure that you and your loved ones receive the best possible care without worrying about financial burdens.
When going through a divorce in the UK, dividing pensions can be a complex and important process that requires careful consideration. As mentioned earlier, there are two types of pensions - defined benefit and defined contribution pensions - and the rules for dividing each type during divorce can differ.
As a growing company, the time may have come for you to consider buying a business premise. Perhaps you have been leasing or renting a property until now, something that has suited your needs but to take your business to the next level you want to make that step of purchasing a commercial property.
Pension advice from Positive Advisers in deciding how much to put into your pension is a very personal matter. It will depend on your income now, your disposable monthly income after paying all your bills, your aspirations for retirement and most importantly your age.
Let us start by looking at what a discretionary manager does, then the positives and negatives before finally, why you still need an Independent Financial Adviser!
