Wealth Experts

At times of political uncertainty, such as the election of a new US president, some investors can act irrationally, altering their portfolio to position for a specific outcome, or moving money into cash deposits until things ‘settle down’. Now that the dust is beginning to settle following the outcome of the US election earlier this week, we can see that markets are up with the S&P 500 up 4.37%, and the Russell 2000 index up 8.20% over the last 5 days. Those that remained invested would’ve benefitted, whilst those that were tempted to deviate from a structured financial plan and investment strategy would’ve missed out on those returns, reinforcing the argument that it’s all about time in the market, rather than timing the market. Learn more here - https://lnkd.in/efyPfnvg

📢 Autumn Budget 2024 Overview 📢 Yesterday, Chancellor Rachel Reeves delivered the first Labour Budget in 14 years, which was focused directly on driving growth and investment. We’ve unpacked the key announcements to highlight the changes most relevant to you and your financial planning and put together our in-depth report which sets out everything that was introduced by The Chancellor. Download the full report here 👉https://lnkd.in/eSGqUtec 💡 Top Highlights 💡 👉Pensions: From April 2027, most pension death benefits will be included in estates for Inheritance Tax, with the pension scheme administrator responsible for paying this tax. 👉Inheritance Tax Reliefs: Business and Agricultural Property Reliefs will be capped at £1m, with values above this taxed at 20%, effective April 2026. 👉Capital Gains Tax (CGT): CGT rates are rising—basic rate to 18% and higher rate to 24%. For Business Asset Disposal Relief, CGT will rise to 14% in 2025 and 18% in 2026. 👉Employer NIC: From April 2025, employer National Insurance will increase by 1.2% with a reduced earnings threshold of £5,000. 👉Private School Fees: As expected, 20% VAT will apply to private school fees starting January 2025.   For more in-depth insights on what these changes mean, read our latest article here 👉🏻https://lnkd.in/ejZbhyTf

We’re finalists in this year’s #PFSawards! ⭐ Tomorrow, Paul, Terry and Jack are heading down to London for the Personal Finance Society awards dinner where we’ll find out if we’re winners of Chartered Financial Planning Firm of the Year. Good luck to the team, fingers crossed we can bring home the award! 🤞

With the Autumn Budget just around the corner, there's plenty of speculation around what this could mean for pensions. Wealth Expert, Jack Farmer, shared his thoughts and insights with our friends at DJH on what these changes could look like 👇 https://lnkd.in/eDKe3Fnf

The Oasis reunion sold out instantly and is expected to bring in a sizeable chunk of revenue to the UK economy. But will they get close to the £1bn added to UK spending by Taylor Swift’s recent Eras tour? In this article, we look at the differences in their demographic and geographic appeal to give us the likely answer - https://lnkd.in/eatS3_b8

Too often, we encounter complexity where simplicity is what we really need. And the financial industry is no different, with many using complexity to spread fear. Instead, we believe in building a simple strategy based on the concepts of spending less than you earn, investing for your unknown future, compound interest, and historical market returns combined with old-fashioned discipline and patience. We explore the merits of simplicity in our latest article - https://lnkd.in/ecgYxSRr

We did it! Yorkshire Three Peaks challenge complete ⛰️✅ After a 5.30am start, Paul, Jack and Will, hiked 24.5 miles, climbed 5,200 ft, took over 60,000 steps, enjoyed a beautiful sunrise…and got drenched in a torrential downpour! 🌄🌧️ But they completed the challenge in a fantastic time of 10 hours 30 minutes 🎯 It’s safe to say the challenge pushed everyone’s stamina to the extreme and there’s been some achy legs in the office today! A huge congratulations to all of the team 👏🏻   If you’d like to make a donation, you can still do so here 👉🏻 https://lnkd.in/dfrttkFk

Jack, Paul, and Will were all up and raring to go at 5am this morning for our Yorkshire Three Peaks challenge, and the view of the sunrise was definitely worth it! ☀️ Its not too late to sponsor them, and spur them on as they take on the next two peaks! https://lnkd.in/ey_GBamT

Tomorrow, Paul, Jack and Will, along with some of our friends at DJH, are taking on the Yorkshire Three Peaks challenge. It’s a tough hike covering 24.5 miles and climbing a total of 5,200 feet, but we’re doing it to make a real difference… We’re raising funds for Macmillan Cancer Support, a cause close to our hearts, and there’s still time to support us by donating to our JustGiving page - https://lnkd.in/dfrttkFk

Investing in property became a popular alternative retirement strategy, particularly following the post-financial crisis housing boom, driven by low interest rates and government incentives. However, the future of buy-to-let investing doesn’t look so promising, so anyone considering this path should look at their options carefully. We take a look at the advantages offered by pensions that property investments lack - https://lnkd.in/e4nrMnRk