NEWS
If you’re 10 to 15 years from retirement, you’re probably starting to think more about how you’ll spend your life after work. You might be contemplating travelling more, dedicating more time to your passions, or enjoying more free time with your family.
Continue reading “Plan the perfect retirement”
During he past year and a half we’ve experienced a stock market collapse, soaring unemployment, millions deferring their mortgage payments – and paradoxically, a booming housing market, plus bulging savings accounts.
Continue reading “COVID-19 fallout”
The coronavirus (COVID-19) pandemic has prompted a desire to move into ethical and sustainable investing for more than half (51%) of advised UK adults, according a new report[1]. And while the trend is common across the generations, it’s Millennials who are leading the charge.
Continue reading “Evolution of ESG investing”
When it comes to retirement insecurity, one concern dominates all others, the fear of running out of money during retirement and with people living longer than ever before, it’s a very valid concern.
Continue reading “Money’s too tight to mention”
Saving for your retirement is one of the longest and biggest financial commitments you will ever make. Imagine you’re retiring today. Have you thought about how you’re going to financially support yourself (and potentially your family too) with your current pension savings? The pension freedoms introduced in 2015 provide even more of an incentive to look again at your retirement savings.
Continue reading “Pension freedoms”
Inheritance Tax is a tax on an estate (the property, money and possessions) of someone who’s died. Inheritance Tax receipts in the United Kingdom amounted to approximately £5.32 billion in 2020/21, compared with £5.36 billion pounds in the previous financial year, which was a peak for this provided time period[1].
Continue reading “Keeping wealth in the family”
Inheritance Tax can cost families thousands of pounds but there are various ways to legally avoid paying this tax. Without making suitable plans, your loved ones could face a tax bill of 40% on the value of everything you own above a certain threshold.
Continue reading “Making suitable plans”
With careful planning it may be possible to reduce significantly the need for your estate to pay Inheritance Tax. We spend a lifetime generating wealth and assets but not many of us ensure that it will be passed to the next generation – our children, grandchildren, nieces, nephews, and so on. Intergenerational wealth transfer is the passage of wealth from one family generation to the next.
Continue reading “Increased net worth and rising mortality rates”
Making provision for Inheritance Tax needs to be balance the plan with your other financial priorities is key. Effective estate preservation planning could save a family a potential Inheritance Tax bill amounting to hundreds of thousands of pounds.
Continue reading “More families subject to Inheritance Tax”
It’s important to make sure that after you die, your assets and possessions go to the people and organisations you choose, such as family members and charities you want to support.
Continue reading “Making a Will”
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2018 Homer & Co LLP. Homer & Co LLP is authorised and regulated by the Financial Conduct Authority no: 498583 and is bound by its rules. Homer & Co LLP is a Limited Liability Partnership.Registered in England and Wales Company No. 0C344040. Registered Office: The Robbins Building, Albert Street, Rugby. FCA Firm Number: 498583 Legal. The information contained in this website is subject to the UK regulatory regime and based on our understanding of UK taxation laws. It is therefore subject to change. The website is primarily targeted to UK residents aged 18 and over.