Financial Planning

The debate about the relative benefits of investment trusts and investment funds could be coming back into focus; they each have their roles to play in portfolios, but current conditions may favour the latter.

Government support for business throughout the COVID-19 crisis has been well documented but the implications of the virus on Group Pensions is unclear. We consider some of the more frequently asked questions.

Increasing minimum earnings means a reduced cost for the government and increases their costs as an employer. But how will it impact the state pension?

Intestacy rules for England and Wales have changed. It means a surviving spouse does not always inherit all of their partner’s estate.

A Freedom of Information request has revealed a large number of people have been hit with penalties due exceeding to the pension annual allowance.

The Office of Tax Simplification (OTS) published its long-awaited second report on inheritance tax (IHT) in July with a range of useful proposals.

Recent HMRC statistics highlight the over-taxation of some pension benefits. Could you be due a refund?

A report by HMRC revealed only a quarter of people surveyed could identify true and false statements about inheritance tax. Are you in the top 25%?

According to a recent Financial Times report, some NHS consultants are receiving tax bills of up to £87,000, prompting them to reduce working hours or even take early retirement.

With life expectancy rates increasing and pensions being stretched to the limit, the trend of working past 65 is growing. How long do you plan to work for?

The PMI market is worth more than £3.98bn and a recent study found that the size of the UK private healthcare market is due to increase 2.8% year-on-year until 2025, estimating that it will be worth £14bn.