is our last blog post of 2019 and what a year it has been! We have
celebrated our 30th anniversary, launched our new website, supported various charitable
events and, of course, continued to provide unbiased, reliable and trusted
personal financial and investment advice to all of our clients.
further afield, we’ve had a prorogued Parliament, the country feels divided,
there is slow economic growth and the result of the recent General Election
means that Brexit will happen.
uncertainty has created anxiety, our advice has remained the same throughout
the year – Brace for Brexit but don’t be
tempted to make any rash decisions. It’s important to remember that when the
financial landscape changes, to not respond would be a missed opportunity.
It is important to maximise your tax free savings, utilise all of your
allowances and ensure your investments are positioned for 2020 and
suggest taking some time over the festive period to ask yourself the following
you maximising your tax free saving allowances?
you’ve money to save, but haven’t used up your ISA allowance, make sure you
take advantage of this tax-free form of investment. Equally, ensure
you’re making the most of allowances on your pension contributions to cut your
2. Are you in control of your
you’re looking to set up a pension, save money on annual management charges or
to reduce fees on expensive pension plans, review your current pension
arrangements to see if they’re likely to help you achieve your retirement
3. When was the last time you
reviewed your investments?
have been volatile over the last 12 months. With fast changing political events
affecting markets, it‘s imperative that your portfolio and pensions are
strategically invested to profit from uncertainty and protect yourself from
4. Are you prepared for the future?
against unexpected future events spoiling your final wishes by setting up a
trust alongside your will. Trusts come in a variety of forms and can help
lower potential inheritance tax bills as well as give extra guarantees that
loved ones will be looked after. Appoint a lasting power of attorney so loved
ones can act in accordance with your best interests and wishes as they are
now. There are two different lasting powers of attorney to consider – one
to look after your health and the other your finances.
you would like to review your finances, are unsure of how your portfolio is
performing, are concerned that you are paying too much for a poor service or
just want a second opinion, please call us on 0114 235 3500
for a free initial meeting. We can then review your current plans and discuss how we can help.
Wealth Management would like to take this opportunity to wish all of our
clients, professional connections and social media followers a very Merry
Christmas and a Happy New Year! Our office closes at 5pm on Friday 20th December. It is open 10am –
3pm on Monday 30th December and reopens fully at 9.30am on