You may have heard that the rules around inheritance tax (IHT) are changing with regard to family homes. Neil Adams of Drewberry Wealth shows you how to calculate your new IHT liability on your main residence – and so achieve a ‘successful succession’.
If you’re one of the many people with a defined benefit (final salary) pension scheme, you may be aware of the option to transfer it into another kind of pension. But this is a risky strategy and you should never do it without seeking advice. So we couldn’t believe our luck when Rajesh, an IFA, decided to transfer his own pension and tell us all about it.
Searching for an adviser can be daunting if you aren’t sure what to look for, or what kind of advice is available. The Unbiased Connect tool is designed to make the process quick and simple, so here’s a brief guide to using it in the most effective way. Choosing to seek financial advice is a
We all love price comparison sites – but they can let you down when you’re looking for suitable income protection. The biggest price comparison sites risk misdirecting visitors to unsuitable PPI cover or policies that offer only ‘suited occupation’ cover, says Tom Conner of Drewberry. More and more consumers are waking up to the need
For new graduates, the time between finishing university and starting your career can be stressful, and you may struggle to make ends meet. Take the pressure off yourself by earning in the meantime, and you’re more likely to land that dream job. Become a tutor and put your skills to work You might not realise
More than a quarter of estates passing on death contain an insurance policy, most commonly life insurance. However, there is one corner of the market that is often overlooked. Neil Adams of protection advisers Drewberry explains a less well-known product that can deliver better value for company directors: relevant life insurance.
Do you open bank statements with a sense of dread? Or can you often guess the balance to within a few pounds? If you’re thinking about taking financial advice, then prepare to know your spending habits like the back of your hand. Here’s how. What’s the most common problem to arise in a first meeting
Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. Article by Nick Green.
Do you tend to plan your life, or just go with the flow? When it comes to ensuring you’ve got money to spend in retirement, the only way is planning. Whether you’re just starting your career or about to end it, here are the 10 best pension tips to live by.
If you have a health condition or certain lifestyle issues, you may be entitled to more money in retirement. Currently around 1 in 5 who buy an annuity manage to get this ‘enhancement’ – but there’s evidence that three times as many people may qualify. Could you? An insurance company asks you ‘How’s your health?’
If you become unable to manage your own affairs, perhaps through illness, accident or simply old age, who will manage them for you? And will your family even be able to access your money? At any age or stage of life, it’s worth setting up Lasting Power of Attorney. If you forget to make a
Why could our grandparents buy sweets for a ha’penny, but children’s pocket-money is now measured in pounds? It’s all to do with inflation – and your savings, investments and pensions may soon begin to feel the pinch. Article by Armstrong Watson. It’s often said that inflation is the enemy of the investor – and they
You used to be a UK resident but now you live abroad. But your pensions are still in the UK. How do you manage and access the money without incurring lots of additional fees and tax – or worse, being ripped off? Alex Norwood of Montfort International answers your expat pension questions. One of the