Money and Me Solicitors’ Post

Ever wondered how we calculate the compensation you deserve? Here is the process we follow: Money and Me Solicitors review your situation, particularly the advice that you were given to transfer your Mineworkers pension. If it is the case that you have acted on unsuitable advice, then we aim (subject to any limits applied) to ‘put you back’, to the financial position you would have been in, had you not acted on that advice. To do this, we establish what would have been the financial benefits of your previous Mineworkers pension, compared to the current monetary value of your existing pension(s). The difference between these would be classed as the loss/damages suffered, and therefore it would be this amount that we would aim to recover for you. Want to learn more? 📞 Call us at 01925859625 📧 Email info@moneyandmesolicitors.co.uk for a callback. Money and Me Solicitors Limited are authorised and regulated by the Solicitors Regulation Authority under Authorisation number: 670274 #MineworkersPension #FinancialJustice #CompensationClaims #PensionAdvice #MoneyAndMeSolicitors #ReclaimYourFuture

How is Compensation Calculated for Mineworkers? Ever wondered how we calculate the compensation you deserve? Here is the process we follow: Money and Me Solicitors review your situation, particularly the advice that you were given to transfer your Mineworkers pension. If it is the case that you have acted on unsuitable advice, then we aim (subject to any limits applied) to ‘put you back’, to the financial position you would have been in, had you not acted on that advice.  To do this, we establish what would have been the financial benefits of your previous Mineworkers pension, compared to the current monetary value of your existing pension(s). The difference between these would be classed as the loss/damages suffered, and therefore it would be this amount that we would aim to recover for you. Want to learn more? 📞 Call us at 01925859625 📧 Email info@moneyandmesolicitors.co.uk for a callback. Money and Me Solicitors Limited are authorised and regulated by the Solicitors Regulation Authority under Authorisation number: 670274 #MineworkersPension #FinancialJustice #CompensationClaims #PensionAdvice #MoneyAndMeSolicitors #ReclaimYourFuture

‘In the three years we’ve worked with Fortus, they’ve helped us thrive and grow.’ 🪴 York-based tipper haulage business A1 turned to Fortus for tax advisory, capital allowances and pension help. Find out how we can help your business flourish too. 💪 Check out our case study. 👉 https://lnkd.in/em5NeUwx #WeAreFortus #Accountants #BusinessAdvisors #BusinessServices #A1 #CaseStudy #TaxAdvisory #CapitalAllowances #Pension

‘In the three years we’ve worked with Fortus, they’ve helped us thrive and grow.’ 🪴 York-based tipper haulage business A1 turned to Fortus for tax advisory, capital allowances and pension help. Find out how we can help your business flourish too. 💪 Check out our case study. 👉 https://lnkd.in/em5NeUwx #WeAreFortus #Accountants #BusinessAdvisors #BusinessServices #A1 #CaseStudy #TaxAdvisory #CapitalAllowances #Pension  

How is Compensation Calculated for Mineworkers? Ever wondered how we calculate the compensation you deserve? Here is the process we follow: Money and Me Solicitors review your situation, particularly the advice that you were given to transfer your Mineworkers pension. If it is the case that you have acted on unsuitable advice, then we aim (subject to any limits applied) to ‘put you back’, to the financial position you would have been in, had you not acted on that advice.  To do this, we establish what would have been the financial benefits of your previous Mineworkers pension, compared to the current monetary value of your existing pension(s). The difference between these would be classed as the loss/damages suffered, and therefore it would be this amount that we would aim to recover for you. Want to learn more? 📞 Call us at 01925859625 📧 Email info@moneyandmesolicitors.co.uk for a callback. Money and Me Solicitors Limited are authorised and regulated by the Solicitors Regulation Authority under Authorisation number: 670274

When making a claim for tax relief on a PRSA AVC (contribution not deducted through net pay), Revenue now require uploaded copy of a pension certificate. As life companies may not have this document processed before 14th November, you or your financial broker can upload a document with information below before filing return to meet Revenue requirement for tax relief. *Date of pension contribution payment *Total amount paid *Type of pension contract to which the contribution was paid, AVC, OPS, PRSA or Personal Pension *The relevant policy / scheme number *Name and address of the customer *Confirmation that tax relief was not allowed on the contribution through net pay

A generally little known fact is that (defined contribution) pension pots, when handled correctly, have been / can be a great inheritance tax (IHT) and inter generational wealth planning tool. This is because their values can become outside of the Estate for IHT planning. Then if the holder dies before 75, the benifoary of any age (even under 55) can access the capital and income tax free. There is now a call from some quarters to bring these pots in scope for IHT. If you’re concerned about this and how it affects you, then get in touch!

What if your plumber offered a service that meant you would never have a plumbing problem ever again? That would be a service seriously worth considering. Many people think “I’ll get a financial planner when I need one” this is understandable as it’s the way we think about lots of other services such as plumbers, electricians, Doctors etc The difference with a financial planner is that we will stop you getting the problems in the first place. Helping our clients avoid mistakes is crucial to their financial success. Yes we’ll sort your pensions out, get you investing properly and give you a clear plan. But it’s the mistakes we help our clients avoid that are just as valuable.

When you place money into a pension, you receive tax relief. This means some of the money you've paid in tax goes into your pension to encourage you to save for your future. However, it’s important to be aware of the Annual Allowance and how exceeding it could mean you're liable for more Income Tax than you expect! Click the link below to our blog on this very topic to learn more.

When making a claim for tax relief on a PRSA AVC (contribution not deducted through net pay), Revenue now require uploaded copy of a pension certificate. As life companies may not have this document processed before 14th November, you or your financial broker can upload a document with information below before filing return to meet Revenue requirement for tax relief. *Date of pension contribution payment *Total amount paid *Type of pension contract to which the contribution was paid, AVC, OPS, PRSA or Personal Pension *The relevant policy / scheme number *Name and address of the customer *Confirmation that tax relief was not allowed on the contribution through net pay