Why the concept of a ‘hard stop’ retirement is becoming less prevalent

New research reveals that more than a quarter (28%) of individuals aged 25-54 do not foresee a complete retirement in their future[1]. This suggests the concept of a ‘hard stop’ retirement is becoming less prevalent among those considered to be in their prime working years. This emerging trend reflects a significant shift in how modern workers approach their career trajectories and financial planning. Continue reading →

What payments can you expect to receive from the government later in life?

In April 2024, the State Pension rose by 8.5% to £11,502.40 a year for post-2016 retirees. However, according to new research[1], one in seven (14%) retirees receive less money from the State Pension than expected. This highlights the need for more information about the payments people can expect to receive from the government later in life. Continue reading →

Allow your loved ones to benefit more from your accumulated wealth

Effective planning minimises the burden of Inheritance Tax (IHT), allowing your loved ones to benefit more from your accumulated wealth. If the value of your estate is above the £325,000  threshold (2024/25 tax year), the part of your estate above it could be liable for tax at the rate of 40%. Continue reading →