Headway Wealth

On October 30, Chancellor Rachel Reeves unveiled her first budget, bringing significant updates that could impact your financial planning. From taxes and pensions to inheritance and business reliefs, this budget introduces key changes for investors, business owners, and those planning for retirement. Watch our new pre-recorded webinar, 2024 Autumn Budget Summary: What It Means for Your Finances, where Headway Wealth Director Hamzah Shalchi and UK chartered accountant Michael Bryan, break down the updates and offer insights on navigating the latest Budget changes. Watch now 👉👉👉https://lnkd.in/dH4aRV5S Alternatively, you can listen to the 2024 Autumn Budget Summary on Spotify 👉👉👉 https://lnkd.in/dvYWWyi7 #UKBudget2024 hashtag#FinancialPlanning hashtag#HeadwayWealth hashtag#InvestSmart hashtag#BudgetUpdates Capital at risk.

Chancellor Rachel Reeves’ first budget brings a range of updates that impact taxes, pensions, inheritance, and business reliefs. Whether you’re an investor, business owner, or preparing for retirement, understanding these changes is essential to staying on track with your financial goals. Highlights from the Budget: ✅ Increased employer NICs and updated thresholds ✅ Changes to pension death benefits for inheritance tax ✅ Higher capital gains tax rates ✅ Inheritance tax relief adjustments ✅ Continued freeze on income tax thresholds Learn how these changes could affect your financial strategy and discover ways to adapt in our latest blog. 📈 Read the full blog here Key Takeaways from the UK Autumn Budget 2024: What It Means for Your Finances - Headway Wealth https://lnkd.in/dt6tBB3g #UKBudget2024 #FinancialPlanning #HeadwayWealth #InvestSmart #BudgetUpdates Capital at risk.

Wealthy Retirees Spend More: Myth or Truth? In our latest podcast, Thomas Parsons ACSI reveals a surprising trend: Wealthy retirees are actually spending less in retirement, while many working-class retirees are spending more—often dipping into their pension lump sums. 💰📉 What’s driving this shift? And how can retirees of all income levels plan smarter to ensure their financial security lasts? We’d love to hear your thoughts! Tune in to the podcast and join the conversation. 🎧 https://lnkd.in/dFPn_dFe #RetirementPlanning #WealthManagement #PensionPlanning #RetirementSpending #FinancialSecurity #Podcast Capital at risk.

By your 50s, life may have settled into a more predictable rhythm. Perhaps your children are financially independent, and your career is at a peak, providing a stable income. Thoughts of winding down or retiring might be on the horizon which is why it’s a pivotal moment to take a comprehensive look at your financial situation and ensure you’re on the right path to achieving your future goals. This decade is a golden opportunity to fortify your financial foundation for the years ahead. In our latest blog, we explore some key areas to help you keep your financial house in order and establish a solid financial foundation for the years ahead👇👇👇 Mastering Financial Fitness In Your 50s https://lnkd.in/dJfJiKmK #financialfitness50s #headwaywealth #retirementplanning #ukfinancialadvice #ukfinancialadviser Capital at risk.

More than three-quarters (78%) of retirees have already dipped into their pension pots by the time they retire, according to recent data[1]. Of these, more than half (52%) withdraw funds five years before their Selected Retirement Age (SRA), with 21% opting to start taking out funds nine to ten years before they retire. This trend highlights a significant shift in retirement planning behaviours, where immediate financial needs or desires often outweigh the long-term benefits of leaving pension funds untouched. Factors such as unexpected medical expenses, the desire to pay off debts or the need for additional income to support a particular lifestyle can drive retirees to access their pension savings earlier than planned. Read about the pros and cons of an early withdrawal from your pension and how retirees are impacting their financial future by accessing their pension pots too soon: 👉👉👉https://lnkd.in/dNNgWgBe #pensions #financialplanning #financialadviser #financialadvice #investing #investmentadvice #investmentgoals #investmentmanager #investmentadviceuk #financialplanning #wealthmanagement #financialadvisorbedford #financialplanner #financialadvisorhitchin #financialadvisordurham #financialadvisorbedford #ukfinancialadvice #headwaywealth Capital at risk.

Today is all about reflection and planning for the future. Evaluate Your Life Day is a reminder to not only assess your personal goals but also take a closer look at your financial health. Life changes, and so should your financial plan—do your goals still align with your current strategy? This day is the perfect opportunity to ensure your finances are working for you. If you're unsure whether you're on track, we’re here to help you realign and recharge for the future you deserve. Contact us today for a free, initial consultation: 📞+44 (0) 2033 935 920 ✉️ enquiries@headwaywealth.com 🌐 Contact Us at: https://lnkd.in/eNKFxvWA #EvaluateYourLifeDay #FinancialReview #GoalSetting #RetirementPlanning #WealthGoals Capital at risk.

In honour of Get to Know Your Customers Day, we want to hear your thoughts and concerns in this poll about the upcoming UK Budget statement on October 30th. #gettoknowyourcustomersday2024

Are you Feeling Stuck with Restrictive UK Pension Options? 🌍 If you're a British expat (or foreign national) facing limited options with your UK pension, you don’t have to settle for less. There are more flexible and tax-efficient alternatives available to you. At Headway Wealth, we provide UK pension, expert guidance to help expats like you: ✅ Gain more control over your pension ✅ Explore international solutions tailored to your needs ✅ Make informed decisions for a secure financial future Feeling restricted by UK pension rules? Speak to us today to learn about better options. Book a FREE Initial consultation with our team to discuss your needs and concerns. +44 (0) 2033 935 920 enquiries@headwaywealth.com Contact Us: https://lnkd.in/eNKFxvWA (link in bio) #Expats #PensionPlanning #FinancialAdvice #expatfinancialplanning #financialplanning #wealthmanagement #financialadvisorbedford #financialplanner #financialadvisorhitchin #financialadvisordurham #financialadvisoressex #financialadvisorbedford #ukfinancialadvice #headwaywealth #BritishExpat #PensionOptions #UKPension #FinancialPlanning #RetirementSolutions #ExpatAdvisory Capital at risk.

RECEIVED AN INHERITANCE, WINDFALL, OR PROCEEDS FROM A BUSINESS OR PROPERTY SALE? BUT WHAT NEXT? Receiving a lump sum of money, whether from an inheritance, windfall, or proceeds invest this money is crucial, and with numerous options available, it can be challenging to determine the best course of action. Knowing where to put a cash windfall can be difficult, particularly in times of market and economic uncertainty. In our latest blog, we explore ways to invest your lump sum to help you make an informed decision and ensure you maximise. your financial growth and security. 👇👇Read our blog on lump sum investing: https://lnkd.in/dqg3PwQX #lumpsuminvesting #inheritancewindfall #headwaywealth Capital at risk.