February 12, 2025
How much money do you need to buy retirement bliss?
How much money do you need to buy retirement bliss? The answer is different for everyone. Begin the journey towards finding your version of “enough” here.
Check out below all the articles and updates from Kellands.
How much money do you need to buy retirement bliss? The answer is different for everyone. Begin the journey towards finding your version of “enough” here.
If you’re set to receive an annual bonus in the coming months, how will you use the funds? Discover 4 options that could help you build wealth.
A rising number of adults aged 20 – 34 are living with their parents. Find out why, and how you can help your kids if you’re running the Hotel of Mum and Dad.
The executor of your will is responsible for safeguarding your assets when you’re no longer able to. Read 8 important factors to consider when choosing yours.
If you’re already reaping the benefits of financial advice, could your adult children do the same? Read why younger adults may appreciate advice here.
With inheritance disputes going up by 140% between 2014 and 2024, can you “bulletproof” your will and avoid this eventuality? Read our top tips here.
Even if you have accumulated valuable assets during your life, remember that anyone can become “financially vulnerable”. Here’s how to protect your wealth.
Before the Autumn Budget, UK investors cashed in £4.2 billion in assets for fear of the chancellor raising taxes. Should you have done the same? Read more here.
Have you set your sights on retiring in 2025? Read your practical checklist for a successful transition into the next chapter of your life, plus how we can help.
Many people procrastinate on forming an estate plan, also known as an inheritance plan – but it’s essential to pay attention to it. Read 5 important tips here
You might have seen in the news that inflation has fallen recently – but it could still erode your savings. Read all you need to know about this issue here
Women still face inequalities where finance is concerned – but there are simple steps that could help you achieve financial freedom. Read 3 of these steps here.
On 30 October 2024, the chancellor delivered her Budget to Parliament – the first ever to be given by a woman, and Labour’s first Budget since 2010.
Political elections and geopolitical conflict typically cause stock market volatility. Read three reasons to stay calm during fluctuations and how we can help.
UK pension holders face a “ticking time bomb” as retirement challenges increase. Read some of the obstacles to a comfortable retirement and how to prepare.
Nearly half of UK adults worry their household wouldn’t cope if they were unable to work. Find out how to shield your wealth from the unexpected here.
Research predicts £1 trillion is expected to be passed down within UK families in the 2020s – this is known as the “Great Wealth Transfer”. Read 4 options here.
The chancellor has delivered the Labour government’s first Autumn Budget. Here’s a useful summary of the key measures Rachel Reeves announced in her statement.
The Pension Tracing Service estimates there is around £20 billion sitting in lost or forgotten pensions. Learn how to track down your pots and why it matters.
Dying intestate means passing away without a valid will in place. Find out 3 financial implications of intestacy plus helpful tips for beneficiaries.
Consumers are twice as likely to keep track of their step count than their investments and pensions. Read tips for levelling up your financial health here.
Are you planning to downsize your home in order to release wealth and pay for your retirement? Read 6 pros and cons of relying on a home sale when you retire
Most couples never discuss pension wealth when they get divorced, which often leaves women worse off later in life. Learn more about this issue here.
A new study says 1 in 3 members of Gen X think they’ll never retire. Read why this generation is anxious about retiring, plus how they could do so comfortably.
When Rishi Sunak called the general election in June, 4 in 10 investors made changes to their portfolios. But did they need to? Read all you need to know here.
If you’ve been reading our newsletters for a while, you may remember the guide to student finance we published in September 2022.
As a landlord you’re likely facing a challenging landscape in 2024, but does this mean buy-to-let property is no longer a profitable investment? Learn more here.
Humans are hard-wired to avoid losses, a concept known as “loss aversion”. Here’s how loss aversion works and why it could derail your investment returns.
With later-life divorces on the rise and marriage pressures lifting for young people, cohabiting is more popular than ever. Read 4 financial factors to consider.
Of course, our job is to help you to grow your wealth, but there are other important benefits of financial advice. Find out 5 “soft” benefits in this article.
Research suggests that alongside the gender pay and pension gaps, there is a gender protection gap that leaves women at increased financial risk. Here’s why.
Inflation has reached the Bank of England’s 2% target rate for the first time since 2021. Find out what an on-target inflation rate could mean for your money.
Many financial planning solutions are geared towards couples – so how does being single affect your financial plan? Read 3 key ways, plus how we can help
There are more over-65s in work now than there were at the start of the century. Here’s what you need to know if you are reluctant to retire at the “right age”.
A study shows that the majority of Brits did not consider investing between 2022 and 2023. Find out why, plus how financial planning could boost your confidence.
Having won a decisive victory in the 2024 general election, here’s what a Labour government under Keir Starmer could mean for your finances.
The UK goes to the polls on 4 July with the economy a key battleground. Here’s what the 2024 general election could mean for your finances
Anyone could fall victim to financial scams, even if you are a savvy saver and investor. Read about common types of scams and how to keep your money safe.
Only 26% of high-net-worth individuals have an Inheritance Tax strategy in place. Do you? Read new insights into forming a tax plan that benefits your family.
There’s nothing wrong with cheering England on at the Euros, but what if you applied your home bias to investing? Find out how home bias could affect your money.
You might be frustrated with your retirement prospects, but there are several steps you can take to improve them. Learn about 4 things you can do today.
In the past four years, many aspects of your financial life may have changed.
Do you think of retirement as an “end point” in your life? Find out 3 reasons why it could help to see this chapter as a new beginning full of opportunities.
In April 2024, the government implemented another reduction to the Capital Gains Tax Annual Exempt Amount. Here’s what this could mean for you.
Did you know that you can carry forward some (not all) tax-efficient allowances from previous years? Learn about utilising available tax breaks here.
Here are 5 ways you could help your kids.
80% of parents are unaware that they could be taxed on their children’s savings. Here’s how the rules work, and how you could mitigate the chance of a tax bill.
The Individual Savings Account (ISA) turned 25 this April. Find out 4 important ISA takeaways for savers and investors as the 2024/25 tax year begins.
Many people still believe harmful mistruths about this form of guaranteed retirement income. Here are 3 annuity myths and the truth behind them.
How do you grow your wealth when you’re investing? Choosing the “right” investments is just one of the ingredients needed for success.
Kellands Chartered Financial Planner Chris Bull will be dusting off his trainers and (knees permitting!) running the London Marathon on Sunday, 21st April.
The International Day of Happiness fell on 20 March – so in celebration of this day, read about 5 fascinating connections between your wealth and wellbeing
We are proud to announce that Kellands Chartered Financial Planner, Loretta Mooney, has joined the ‘100 Club’ fundraising initiative to build the National Breast Imaging Academy at Wythenshawe Hospital.
If you are planning to draw from your personal pension pot in the 2024/25 tax year, which begins on 6 April, learn 4 factors to consider before you do so.
You’ve heard of the cost of living crisis, but now death-related costs have increased too. Find out 3 estate planning tips to mitigate the cost of dying.
Many people harbour financial biases, but these could be affecting your long-term goals. Here is how to challenge financial bias and make a positive change.
If you want to know how the 2024 Spring Budget affects you, here are all the winners and losers from the chancellor’s latest fiscal announcement.
The chancellor has delivered the government’s Spring Budget. Here’s a useful summary of the key measures Jeremy Hunt announced in his statement.
Saving for retirement can be challenging if you’re self-employed. Here is why it’s important to build and manage wealth within your pension and how we can help.
International Women’s Day is celebrated each year on 8 March. It is a day designed to recognise the achievements of incredible women around the world, alongside campaigning for further progress in women’s rights.
At the end of the final quarter of 2023, several global stock market indices reported positive returns.
When you see the phrase “retirement planning”, you might assume that this describes the 10 or 20 years before you finish working. And while the pre-retirement phase is crucial, the benefits of retirement planning do not end on your last day of work.
A look at the issues involved, the benefits available plus the financial support and advice we can offer.
Passing your investment portfolio down as inheritance could help put your loved ones in good stead for the future. Read about how it works here.
Investing on behalf of a child can help set them up for success – and it may have financial benefits for you, too. Learn 2 efficient ways to do so here.
A study from Aviva reveals that 58% of over-55s wish to see the benefits of their legacy in their lifetime. Read 2 positives of leaving a living legacy here.
The “new year, new me” trope is prevalent at this time of year – and while common, this attitude may not help with your financial plan. Find out why here.
Giving money from surplus income could help you offset some of your wealth before you pass away. Learn about this gifting method and Inheritance Tax here.
If you’re offering money as a gift this holiday season, why not offer some pearls of wisdom too? Read 5 wealth lessons that apply to all aspects of life.
On 22 November 2023, chancellor Jeremy Hunt delivered the Autumn Statement against a backdrop of a cost of living crisis and a looming general election.
Leaving your pension as part of an inheritance could be life-changing for your loved ones. Find out what may happen to your pensions when you pass away.
Although it’s important to be aware of your spending in the cost of living crisis, being over-cautions with your money could also be damaging. Here’s why.
Are you planning to offer a financial gift to a loved one this Christmas? Here are 3 questions to ask yourself before you do, and how we can help.
If you’re on the runway to retirement, assessing how your Income Tax bill might rise is an important step to take. Find out all you need to know here.
With Inheritance Tax receipts rising, learn what a potentially exempt transfer is, how families use them, and what your options are for “giving while living”.
If you’re concerned about a potential Inheritance Tax liability when you pass away, life insurance could help your loved ones settle a bill. Find out more here.
Early retirement is a priority for many people – but in light of recent pension legislation changes, working for longer could be beneficial. Here’s why.
If you’re retiring soon, you may be choosing whether to prioritise your mortgage or pension contributions as you approach later life. Learn more here.
“Sideways disinheritance” locks certain members of your family out of an inheritance when you die. Learn here how to avoid it, and what we can do to help.
“Estate planning” describes laying out a strategy for how and when you’ll pass your wealth to the next generation. Find out 3 key areas to consider here.
Are you planning to leave property to the next generation when you pass away? Find answers to your questions about Inheritance Tax and property here.
If someone in your family dies or becomes too ill to make their own decisions, you may find yourself taking over their finances. Here’s how we can help.
After peaking at 11.1% in October 2022, inflation is now declining. Find out what this could mean for your cash savings, investments, and monthly budget here.
There are plenty of options for managing investment risk within your pension as you approach retirement, but what do they mean for you? Find out more here.
As interest rates rise, many people are facing an increase in their monthly mortgage repayments. Here are four options to consider if you’re one of them.
A recent study shows 4 in 5 members of Gen Z have begun their investing journey before they’re 21. Here’s how to help your children grow their wealth.
Research shows that 43% of over-55s do not understand a crucial rule around pensions. Find out what you need to know before you retire here.
One of the most potent mental factors that could have a real-world impact on your wealth is a fear of failure. Learn two powerful ways this could manifest here.
3 in 4 people can’t put a figure on their pension wealth. Here’s why you should know yours, and how this awareness could improve your retirement circumstances.
Trusts can be a tax-efficient way to set funds aside for loved ones. Here are 3 tax factors to consider when ring-fencing wealth within a trust.
If you’re looking to set a child or grandchild up for financial stability, paying into a pension on their behalf could be a great place to start. Here’s why.
As more people look to help family during the cost of living crisis, find out four persuasive reasons to approach financial planning together.
When was the last time you reviewed your life insurance documents? Learn three hidden ways you could reap value from your policy without making a claim.
Financial stress can feel all-consuming, and could have an impact on both your health and your wealth. Read 5 tips to overcome it in Stress Awareness Month.
As an investor, you may find the wealth of information at your fingertips to be overwhelming. Here’s how to overcome “analysis paralysis” in the digital age.
A recent study shows the top four retirement planning regrets held by retirees. Find out what they are, and how you could avoid them as best you can.
The chancellor has delivered the government’s spring Budget. Read about Jeremy Hunt’s statement and what the Budget means for you and your finances.
If you want to know how the spring Budget affects you, here are all the winners and losers from the chancellor’s latest fiscal announcement.
With Corporation Tax set to rise in April 2023, find out 3 important things business owners should know about the increase – and how we can help.
Research shows more than half of investors have made choices they later regretted. Learn how to stay disciplined if you often make emotional investments.
If you receive an inheritance, you might be wondering how to use these funds. Read four ways to spend your inheritance with the help of a financial planner.
If you’re married, divorce is a subject that you likely don’t want to think about on a regular basis. After all, the process of divorce is emotionally draining, life-changing, and often expensive too.
Since the pandemic, there has been a spike in retirees returning to work.
As you reach mid-life, your responsibilities may hit a peak. You could still have children living at home, be reaching milestones at work, and may also have aging parents or relatives who require your support and attention.
The deadline for back-paying National Insurance contributions from 2006 to 2016 falls on 5 April. Read everything you need to know about taking this step.
Research has found that up to 2 million earners could find themselves effectively paying 60% Income Tax by 2028. Here’s everything you should know.
If your loved ones have high hopes to become first-time buyers this year, here are 3 things you need to know before you provide financial support.
2022 was a tricky year for many people’s finances. As 2023 begins, learn about 8 small-yet-mighty financial tasks to tick off your to-do list this new year.
As 2023 gets under way, read five essential things to know about your finances in the new year, plus how we can help you weather any changes.
If you’re taking stock after a year of ups and downs, read about two practical financial new year resolutions you can actually stick to in 2023.
With 2022 drawing to a close, it can be said that financial markets in 2022 have faced difficulties unlike they have seen for some time.
Read a note of thanks from our Managing Director, Guy Kelland, who tells us his highlights of the year – plus what to expect from Kellands in 2023.
At Kellands we are committed to training and professional development and often invite thought leaders and industry experts to share their knowledge with the team.
Between 2 and 8 December, many will mark Grief Awareness Week. A time for seeking help when you need it, Grief Awareness Week lets us ruminate on how we can help ourselves and our loved ones through impossibly difficult times.
As you may already be aware, in early November 2022, the Bank of England (BoE) raised the base rate to 3% – its highest level since 2008.
As the cost-of-living crisis prevails, you might be searching for ways to boost your disposable income to match rising costs.
After the recent political and economic turmoil, Jeremy Hunt has delivered the government’s autumn statement. Here are the key points and what they mean for you.
Following a thorough application process we’re delighted to have been recognised for Citywire’s New Model Adviser list of Top 100 financial planning firms 2022.
After the pound fell swiftly at the end of September, read about what a weaker pound could mean for your wealth in the coming months, and how we can help.
As the spooky celebration of Halloween approaches, learn three truly terrifying financial mistakes you could make this year, and how to cleverly avoid them.
A trust can be a fantastic way to provide opportunities to the next generation. Learn three clear ways to make sure your wishes are fulfilled by trustees here.
Six ways to help you make better financial decisions.
It’s been a worrying few weeks in the global financial markets. Read below about the current uncertainty, and why it’s important to remain calm in volatile times.
Three-quarters of Brits are worried about the cost-of-living crisis, including many higher earners. Here are some useful tips for maintaining your financial mental health.
If your child or grandchild is heading off (or returning to) university, here’s a comprehensive guide to everything you need to know about student finance.
Working with your Kellands financial planner before you retire can help you live the lifestyle you want in later life. Here are three powerful reasons why.
Since the Lifetime Allowance has been frozen until 2026, you could be paying too much into your pension. Find out all you need to know here.
Research shows 2 in 5 people are relying on an inheritance to fund their retirement. Find how these circumstances could affect you and your loved ones.
Retiring after a long, successful career is a rewarding feeling, but it can come with emotional difficulties. Read about how to retire happily in today’s world.
Our latest monthly investment update for August 2022 looks at how the global investment markets, economy, and commodities are performing.
The first half of 2022 has seen downswings around the world, concerning some investors. Here’s how to be entirely unflappable in an era of market volatility.
As high inflation and a rising base rate contribute to the cost of living crisis, find out how the property market fared in the first half of 2022
Since 2016, the full new State Pension regulations have been altered. Find out what you have to do to stay eligible before the deadline in April 2023.
Our latest monthly investment update for July 2022 looks at how the global investment markets, economy, and commodities are performing.
Financial scams are ever-increasing in today’s world. Here’s how to spot potential fraud, and how your financial planner can help protect your wealth.
The cost-of-living crisis may already be affecting your finances – and it could affect your children too. Read about how to protect your kids from rising costs.
We all have dreams and goals – but are you struggling to make yours a reality? Learn about five life-changing books that could help you reach your goals.
Our latest monthly investment update for June 2022 looks at how the global investment markets, economy, and commodities are performing.
The Queen’s Platinum Jubilee arrives in June, signifying an amazing 70 years on the throne. Read three things Elizabeth II could teach you about managing your money.
As the cost of living crisis continues, making the most of your tax-efficient allowances is vital. Learn about the unmissable tax breaks you could use this year.
Our latest monthly investment update for May 2022 looks at how the global investment markets, economy, and commodities are performing.
Research shows that the “mid-life responsibility peak” hits at age 45 to 65. Learn how your financial planner can support you at this crucial stage of your life.
In last year’s Budget, chancellor Rishi Sunak unveiled a set of allowance freezes that came into effect in April. Learn how the freezes could affect your money.
As an employer, a salary exchange scheme could help cut costs in an economically uncertain time. Read how salary exchange can benefit you and your employees.
Just like skydiving, drawing your pension can feel like a giant leap of faith. Learn what skydiving can teach you about managing the “free-fall” into retirement.
Gifting money could be an easy way to transfer your wealth and reduce the risk of a big Inheritance Tax bill. Read three ways to gift your wealth efficiently.
The new tax year has just begun, and with it has come a set of changes that will likely affect you and your business.
Our latest monthly investment update for April 2022 looks at how the global investment markets, economy, and commodities are performing.
Why you need to regularly review your pension savings and top up when necessary.
Our latest monthly investment update for January 2022 looks at how the global investment markets, economy, and commodities are performing.
According to new research, more than half of UK adults say the Covid-19 pandemic has affected their retirement plans.
Our latest monthly investment update for November 2021 looks at how the global investment markets, economy, and commodities are performing.
The latest study from the Pensions and Lifetime Savings Association (PLSA) provides a guide to what income you may need
This week is Financial Planning Week so what better time to look at the reasons why financial planning is so important.
Many bereaved families are missing out on significant inheritance tax rebates
Our latest monthly investment update for September 2021 looks at how the global investment markets, economy, and commodities are performing.
Latest statistics show a 4% increase in tax take with almost a third more families affected
Our latest monthly investment update for August 2021 looks at how the global investment markets, economy, and commodities are performing.
Price inflation in the UK is still rising, with the official rate up to 2.5% in the past year.
Our latest monthly investment update for July 2021 looks at how the global investment markets, economy, and commodities are performing.
A spate of recent surveys shows both how people have responded to pensions throughout the pandemic and their general lack of understanding and engagement.
Our latest monthly investment update for June 2021 looks at how the global investment markets, economy, and commodities are performing.
If your eye was drawn to this article, the answer is probably now! Knowing how a drawdown income is constructed is fundamental, and not just for those approaching the end of their career. Starting with the end in mind, allows you to work backwards from a target. It tells us the steps to be taken today, in order to enjoy the lifestyle you aspire towards in the future, for you and your family.
Whilst investors are increasingly prioritising socially responsible investments, fund managers are getting in on the act too.
Our latest monthly investment update for May 2021 looks at how the global investment markets, economy, and commodities are performing.
Today is the start of the new tax year, so this could be the best time to take advantage of one of the tax breaks available to you, by opening a Stocks and Shares ISA.
In our latest monthly investment update for April 2021, we look at how the global investment markets, economy, and commodities are performing.
In our latest monthly investment update for March 2021, we take a look at how the global investment markets, economy and commodities are performing.
With the end of the 2020/21 tax year quickly approaching, we look at a few key areas to address whilst you still have time to act. Chartered Financial Planner Ian Boasman gives us his top tips.
A look at what the impact has been on sustainable investing and what it means for the future.
In our latest monthly investment update for February 2021, we take a look at how the global investment markets, economy and commodities are performing.
The 10 steps to help you build a better financial future.
In our latest monthly investment update for January 2021, we take a look at how the global investment markets, economy and commodities are performing.
A look at how one of the Kellands team has adapted to cope with the challenges of 2020.
As the festive season approaches, have you considered gifting your children or grandchildren something this Christmas?
In our ongoing commitment to ensure we are offering our clients the most up to date technology possible we are delighted to announce some improvements to the Wealth Platform.
Fraudulent schemes have been around a long time but modern scams are becoming far harder to spot.
How professional support helps to improve the emotional wellbeing of clients
Our Friday morning drop in session is now virtual!
Arrange your free financial planning session on the phone or on zoom today.
Having a financial plan in place early on can make it easier to manage your money further down the line
This week is Financial Planning Week so what better time to look at the reasons why financial planning is so important.
Kellands are proud to support Financial Planning Week, 5-11 October. The annual campaign organised by the not-for-profit professional body the CISI, is a national initiative to help the UK public to feel more confident about their finances.
This latest Guide to Money explains the importance of saving for young people, as well as the effect of time on saving and investing.
Before you reach age 55, it’s a good idea to check the amount of pension you may get at retirement.
Why the outbreak of the coronavirus may mean it’s time to consider your life insurance cover.
In our latest monthly investment update for August 2020, we take a look at how the global investment markets, economy and commodities are performing.
Why you should remember that pension savings are for the long-term.
Yesterday the chancellor announced the suspension of stamp duty on property sales of up to £500,000 in England and Northern Ireland.
Steven Bell of BMO Global Asset Management shares his views.
In our latest monthly investment update for June 2020, we take a look at how the global investment markets, economy and commodities are performing.
Finally, some good news for the housing sector arrived last week.
A surge in 55th birthdays and the fifth anniversary of pension freedoms were unintentionally timed this year to coincide with the current coronavirus pandemic.
In the current environment, it is more important than ever to have someone who can help you with your finances.
Scammers are exploiting fears over coronavirus to target consumers. Follow our tips to avoid being scammed.
In our latest monthly investment update for May 2020, we take a look at how the global investment markets, economy and commodities are performing.
The Government has drafted emergency legislation to help people with their personal finances during the coronavirus crisis.
During these challenging financial times, to what extent have pension savers been raiding pension pots?
Stock markets have tumbled since the coronavirus outbreak but analysis shows that markets in the past have bounced back strongly over time.
We take a look at markets in Q1 2020, when the spread of coronavirus across the world had a major impact on global markets.
The economic impact of the coronavirus pandemic on the UK is likely to be significant, but recovery may be quicker than in other countries.
Whilst tools that can reduce business travel have long been available, the coronavirus has forced us to use them - and the climate could benefit.
As the new tax year begins, Chartered Financial Planner Chris Bull explains why even in times of crisis it is important to plan your finances early.
In this insight article, we discuss why having a long-term horizon can help investors avoid making poor investment decisions, and also how a mix of different asset classes and adopting a "buy-and-hold" strategy can be beneficial at times of uncertainty.
After weeks of market volatility, with markets seemingly in freefall as the coronavirus gripped the global economy, this week has seen some more encouraging signs.
Coronavirus (COVID-19) has dominated headlines of late, and whilst the primary cost is of course a human one - the coronavirus itself should not derail your investment or retirement strategies and as ever your goals and objectives remain long term ones.
In our latest monthly investment update for March 2020, we take a look at how the global investment markets, economy and commodities are performing.
Why you should avoid knee-jerk reactions by focusing on long-term investment objectives.
With an ageing population and a prolonged period of rising property prices, it’s no surprise to see equity release growing in popularity.
In our latest investment update for February 2020, we take a look at how the global investment markets, economy and commodities are performing.
Make the most of your valuable allowances, reliefs and exemptions as we approach the end of the 2019/20 tax year on 5 April.
It’s no secret that the nature of retirement is changing. What used to be considered by many as a quiet, relaxing time in life, is increasingly becoming a period of greater activity.
New research from Royal London and the International Longevity Centre (ILC) has shown that receiving financial advice provides an average £47,000 uplift in wealth over a decade
As we start the New Year, we take a look at how the global investment markets, economy and commodities are performing.
New industry project Yes She Can has looked at how companies outside financial services engage with women in a bid to apply this to advice and investment more broadly.
In our latest monthly investment update for December 2019, we take a look at how the global investment markets, economy and commodities are performing.
Whatever your political allegiance, 2019 looks set to end on a positive note. As the year comes to an end, Chartered Financial Planner and Business Development Manager, Chris Bull, gives us his take on the markets this year.
If you reach retirement age with insufficient savings, you face several choices.
In our latest monthly investment update for November 2019, we take a look at how the global investment markets, economy and commodities are performing.
What’s your retirement savings target?
If you are in your 50s or 60s, your thoughts are probably turning towards retirement. When should you retire? How much money do you need?
The past decade has seen a big increase in ethical investing, although in overall terms, it is still a relatively niche market. In the middle of Good Money Week, which aims to let investors know about the range of ethical and sustainable financial options, we take a brief look at some of the statistics and issues.
When do you plan to retire? The date you select for your retirement can have a significant impact on the value of your pension pot.
As we reach the end of summer thoughts naturally turn to the future. Following the political turmoil being experienced through Brexit, it may seem a relatively challenging time for investors. Kelland’s Chartered Financial Planner, Chris Bull gives us an overview on the markets and whether times are as unique as they seem.
In our latest monthly investment update for September 2019, we take a look at how the global investment markets, economy and commodities are performing.
An unusual new bank has taken one of the top spots in a list of the biggest lenders.
Financial planning firms come and go, but family-run Kellands in Hale has been thriving for nearly three decades and, simply put, isn’t going anywhere anytime soon.
It’s official. The UK economy has shrunk in size for the first time in seven years.
What’s happening this week in the markets? We summarise the news from around the world.
When you need to take out a mortgage, whether you are a first time buyer, moving to a new home, buying a holiday home, remortgaging or buying to let, comprehensive mortgage planning is essential.
Latest data from the Office for National Statistics (ONS) shows a major increase in the number of dormant pension pots, making the case for the mooted pensions dashboard even stronger.
The liquidity of investment funds has come into sharp focus in recent weeks, following the trading suspension imposed on investors in the Woodford Equity Income fund.
Latest figures from HMRC show that the average pension withdrawal from pension drawdown schemes in the UK is £7254. This is around 6%-9% of the average pension pot, well above the 4% often touted as a sustainable rate. The upshot is that savers could be at risk of running out of money in retirement.
Interest rates have been at record lows for over 10 years, causing problems for income investors, who have had to take on more risk to get some decent income yields. So what can income investors do to maximise their income potential going forward, without risking too much capital?
In this latest monthly investment update for May 2019, we look at how the investment markets, the global economy and commodity prices are performing.
Brits spend more time planning a holiday than ensuring they have the right pension and financial plans in place.
UK dividends reached a record high in the first quarter, growing to a total of £19.7bn.
As an extension to the Brexit deal looks to be on the cards, we revisit what this means for investors. Should you delay making further investments at this juncture, or even switch to cash, before there is more clarity on the way forward?
Recent research shows that most adults don’t have a will in place and that more than half have no plans to carry out any estate planning to mitigate inheritance tax.
In our latest monthly investment update for March 2019, we look at how the investment markets, the global economy and commodity prices are performing.
Since the pension freedoms were introduced back in 2015, many retirement investors have opted for income drawdown as part of their retirement income strategy. This can make sense for many, but there are risks involved.
Gold is a bit like the Marmite of the investing world; you either love it or you hate it.
When equity market volatility strikes, investors often flee to safety in the form of bonds. Fixed income securities (bonds) are traditionally seen as a less risky asset class than equities, although their value can also go down as well as up.
Last year was not a good one for global stock markets and many experts have been talking of a global recession in 2019 and beyond. But are these fears premature?
As we start the New Year, we take a look at how the investment markets, global economy and commodity prices are performing.
Many children get inundated with gifts at Christmas, often based on the latest fad or craze. However, parents, grandparents and relatives wanting to give a Christmas gift that lasts a bit longer might like to consider investing for their child or grandchild instead - for example through an investment children’s savings scheme or a Junior ISA.
For investors, it’s always a scary time when markets get volatile - particularly when they start to tumble. So what should investors be doing and should they be reviewing their investment portfolios?
As 2018 enters its final month, we have taken a look at how the investment markets, global economy and commodity prices are performing.
Some new research has found that only 39% of Brits who have made a will plan to divide their money equally between beneficiaries.
State pension age equalisation has taken place in the UK. The gradual change now means that women qualify to start getting their state pension from age 65, the same age as men.
Chancellor Philip Hammond has delivered his latest Budget to parliament, the first to take place on a Monday since 1962.
In uncertain times, it is always worth remembering the old adage – that time in the market matters more than timing the market.
If you are confused by the UK’s inheritance tax regime, recent research shows that you are not alone. Yet getting your inheritance tax planning wrong could mean your family is faced with an unexpectedly high inheritance tax (IHT) bill.
As the Brexit deadline of 29 March 2019 approaches, what impact will Brexit have on UK investors?
With the summer holidays drawing to a close, the inevitable round of speculation about pension tax relief changes in the Autumn Budget has begun.
My property is my pension is a phrase we often hear as financial advisers. Does this stack up?
For only the second time in a decade, we have an interest rate rise. This was heavily trailed, and as expected, the rate has been raised from 0.5% to 0.75%. This represents the highest bank rate level since March 2009.
As we bask in this long hot spell, many of us will start dreaming of giving up work and enjoying a sunny retirement, doing the things we’ve always wanted to do. However, some recent surveys suggest that many of us could be in for a bit of a shock.
For quite a while now, there has been talk of a trade war between the US and China. However, it’s now starting to look serious. So as markets have slipped across the world, what will the long-term impact be on investors?
The amount paid in inheritance tax (IHT) reached a record high last year, with over £5.2bn being paid. Yet whilst death and taxes are inevitable, IHT has been called the ‘avoidable tax’ or the ‘voluntary tax’ as with some careful inheritance tax planning there are many ways to avoid it or at least reduce it significantly.
With interest rates being held once more last week, and likely to rise only slowly going forward, the debate about whether income investors should look towards buy-to-let to generate the income they need raises its head again.
The FTSE100 reached a new all-time high of 7778.64 on 12 January this year. In the three months since then, we have seen the index drop at one point by almost 9% to just below 7000, although it has recovered a bit since then, closing last night up a tad at 7328.92.
The new tax year begins today, so the new tax allowances and benefits come into force. This year, most but not all of the changes are good news but here’s a quick guide to what the new tax year has in store for you.
With the FTSE100 dipping below 7,000 for the first time in over a year, and with professional investor sentiment fairly negative about UK equities at the moment, what does the future hold for those investing in the UK?
With the end of the tax year just over a month away, it’s time once again to consider any last minute tax and pension planning, to make sure you utilise the tax breaks available to you. Here’s just a few ideas and options, some of which may be appropriate for you.
The increasing popularity of equity release as part of the retirement planning mix was demonstrated in 2017, which saw new records set in the equity release market.
The last few days have seen markets fall around the world, prompting some to consider whether this is finally the end of the current long bull run. Sudden sell-offs can cause consternation amongst investors, so what is the best way to deal with a stock market correction?
The start of a new year is always a good time to review your investment goals. To help that process, here are some thoughts on what the experts are saying is in store for 2018.
At the start of 2017, there was talk of a Brexit-inspired economic meltdown in the UK, a market correction and interest rate rises. None of these happened. Why was this – and what can investors expect in 2018?
For investors, the Santa Rally has proved to be a ‘strange but true’ phenomenon over a lengthy period. So will we see one this year, particularly as 2017 has already seen impressive returns across most stock markets?
Yesterday’s budget came and went with no changes to the main tax reliefs and allowances. This is almost unprecedented and represents good news for investors after years of governments tinkering with the rules.
The raising of the Bank Rate to 0.5% last Thursday was the first interest rate rise in over 10 years. So has the tide turned, will interest rates now continue to go up – and if so, what impact will higher rates have on investor’s portfolios?
Over a million people have taken advantage of the pension freedoms introduced in April 2015, which allow over-55s to take their pensions as cash rather than buy an annuity. However, many are missing out because they do not seek financial advice.
Many experts and fund managers are forecasting that Europe could be the place for investors to be over the next few years.
Asset allocation is seen by many as the main driver behind investment performance. So what is it and how does it work?
If investing jargon is all Greek to you, then smart beta may not initially appeal! However, smart beta represents an alternative style of investing, to add to the more familiar active and passive investment styles.
The first half of 2017 saw technology stocks flying on Wall Street. Whilst the passion for all things tech has cooled a bit of late, the world has certainly become a digital and technological marketplace. So as an investor, looking for the next big thing, how can you pick the new Facebook or Google?
A recent research report shows that those who receive financial advice are on average around £40,000 better off than those who do not bother to get advice.
The general election and the ensuing hung parliament, along with Brexit, could have an impact on pensions. A month into the new parliament, what is the current situation regarding pensions and what is the likely impact on investors?
Attached is a special one-off newsletter from Kellands Hale which outlines what investors need to think about in the aftermath of the snap election.
Following last night’s General Election, we now have a hung parliament – as we did back in 2010. The immediate upshot this morning was a fall in sterling of around 2% but at the same time a rise in the FTSE 100 of over 1%, with the index reaching 7545.12, not too far from the current intra-day record of 7,598.99.
Whilst some investors select specific stocks, most investors use collective investment schemes. This makes a lot of sense as it reduces risk for the investor.
Whilst the start of this tax year sees the new main residence nil rate band (MRNRB) come into effect for inheritance tax (IHT) planning purposes, the recent changes to pension rules have affected the IHT planning world in perhaps a more radical way.
When it comes to investing via investment funds, there are two main strategies - active management and passive management.
There are still a few weeks to go for year-end tax planning, so here are a few guidelines to help you make any last minute plans.
The Chancellor announced in yesterday’s budget that the tax-free dividend allowance will fall from £5,000 to £2,000 a year from April 2018. This means investors should look to act now to make the most of their tax allowances.
Whilst there was no change in some areas, the two big talking points of the budget were the reduction in the tax-free dividend allowance and an increase in National Insurance (NI) for the self-employed.
When it comes to investing in funds, looking at past performance data is very alluring and is the starting point for many. Because of this, despite the required disclaimer at the bottom of every piece of investment marketing material, stating that past performance is not a guide to future returns, most investors find it difficult not to rely on it.
Venture Capital Trusts (VCTs) are continuing to sell well this year, with one selling out within 24 hours, according to last Saturday's Times. The total raised by VCTs in 2016 was £169.5m, well up from the £110.8m in 2015.
Friday 13th didn’t prove to be unlucky for the FTSE 100, which reached an all-time high that day, closing at 7,337.81, thus rising for an unequalled 14 consecutive sessions. Since then, the market has fallen back somewhat, leaving investors to ask whether this run can continue or if it has finally run out of steam.
At the start of any New Year, people tend to take stock and make plans for the future – holidays, family matters, house moves, cars. A financial review also makes sense at this time.
Last night, the FTSE 100 closed with a seventh consecutive all-time high, rising 0.2%, or 14.74 points, to close for the first time ever at over 7,200 (7,210.05). This is approaching the longest run of consecutive closing highs, which was recorded in May 1997, when the FTSE 100 finished at all-time peaks for eight straight sessions. It also represents the fifth straight week of gains.
Whether or not we see a Santa Rally this year, both the Dow Jones and the FTSE100 have already been flying high as we approach the year end, despite most expert predictions and the Brexit and Trump votes.
In his first Autumn Statement, Chancellor Philip Hammond praised the "strength and resilience" of the UK economy since the Brexit vote and pointed out that the IMF predicts the UK will be the fastest growing major economy this year, with employment at a record high.
The Dow Jones ended the week at a record high after the shock Trump victory.
The FTSE 100 endured its worst week since January, driven by fears of a Donald Trump victory and the strengthening pound.
Inflation rose to its highest level in 22 months in September. The consumer prices index (CPI) rate of inflation increased to 1.0%, up from 0.6% in August and looks certain to go even higher in the next few months, possibly exceeding the Bank of England’s 2% target next year.
Stock markets in the UK soared yesterday, with the FTSE100 closing at 7,074.34, its highest level since the record finish of 7,104 in April 2015. Indeed, it came close to setting a new record high, before a last-minute burst of profit taking. Meanwhile, the FTSE 250 mid-cap index did close at a new peak.
According to BofA Merrill Lynch, we are in the midst of the second longest cyclical bull market ever. They say the cyclical bull market started on 09 March 2009, and has now comfortably surpassed the June 1949-August 1956 rally, only being beaten by the December 1987-March 2000 advance.
Following Brexit, many investors rushed to get out of UK open-ended property funds, but the fall in prices could present an interesting opportunity for the brave investor.
Consumer confidence has not been dented by Brexit and nor has the stock market.
As widely trailed, UK interest rates were cut today from 0.5% to 0.25% - a record low level and the first cut for over 7 years. The decision to cut interest rates was approved unanimously by the members of the Monetary Policy Committee (MPC) and further cuts were not ruled out.
The cutting of capital gains tax (CGT) in the March budget was an unexpected surprise and is good news for those with larger portfolios held outside Isas and/or those sitting on significant gains.
Amidst all the recent political changes, unexpectedly today the Bank Rate stayed the same – held at 0.5% for a further month at least. The rate has now been held at this level since March 2009.
So Brexit has won the day and the UK has voted to leave the EU. What impact will the result have on investors?
Check out our free retirement planning guide to help you understand the new pension freedoms and how they may affect you.
Below is a free guide to the new Lifetime Individual Savings Account, or LISA, as it is becoming known.
Below is a free guide to the new state pension, explaining how it works and what it means to you.
The new pension rules that came into effect just over a year ago mean it could now sometimes make sense to ditch your final salary pension.
Significant tax changes are due in April 2016, so reviewing your financial plans ahead of that could pay dividends.
As mentioned before, the budget saw some good news for savers and investors as well as a reduction in capital gains tax, amongst other things.
The budget saw some good news for savers and investors as well as a reduction in capital gains tax.
With the drastic reduction in lifetime allowance, many investors are turning to VCTs to top up their income.
Significant tax changes are due in April 2016, so reviewing your financial plans ahead of that could pay dividends.
The date for the EU Referendum has been set for 23 June. So what impact will it have on the markets?
The pensions revolution of April 2015 means pensions can now play an important role in inheritance tax planning (IHT).
More pension changes are on the way, which is bad news this time, particularly for high earners.
The FTSE100 entered bear market territory on Wednesday, closing over 20% below its previous peak of 7103.98 last April.
The last summer budget saw the Chancellor deliver his promise to increase the Inheritance Tax (IHT) threshold to £1m. However, it is not quite what it seems.
Warren Buffett famously said about successful investing “Be fearful when others are greedy and greedy when others are fearful”.
The Financial Services Compensation Scheme (FSCS) deposit protection limit is being cut by £10,000 to £75,000 in the New Year.
The Federal Reserve Bank (Fed) raised interest rates on Thursday, so will the Bank of England now follow suit?
With all the recent changes in the pension’s world, are you clear about what do with your pension?
Any interest rate rise has been pushed further into the future once more today.
The latest Markit surveys suggest that the UK economy is still ‘smoking’.
The formal state visit to the UK of Chinese President Xi Jinping this week coincided with official figures showing a fall in China’s GDP.
There is a lot of worrying going on in the financial and investment worlds at the moment. This has led to a good deal of market volatility.
Some pressure is being put on the Government to reverse the new taxes proposed in the 08 July summer budget for buy-to-let investors.
Pensions tax relief is in the spotlight again as a new Green Paper looks at the whole area of incentivising savers to prepare for retirement.
Wednesday saw the FTSE 100 fall to its lowest level since 14 January, closing at 6,388. Yesterday, it fell further to 6367.89, whilst the Dow Jones dropped more than 2%.
Last month’s summer budget had a smattering of good news for the UK’s legion of small and medium sized businesses (SMEs) but the changes to dividend tax could have a big impact on many. The measures introduced could have some significant tax and financial planning implications.
The Bank of England provided bad news for savers, as the prospect of a rise in interest rates receded into the distance once more.
The UK’s recovery is "motoring ahead", according to George Osborne, the Chancellor, as the latest data from the Office for National Statistics (ONS) showed that the UK economy expanded by 0.7% in the three months to the end of June.
Yesterday saw the first fully Conservative budget since the one delivered by Ken Clarke back in 1996.
These are strange times in the investment world, and not just because of the unfolding Greek tragedy before us.
It was pretty inevitable that the tax relief on pensions would be affected in this Parliament, whoever got in.
From the start of this month, firms with fewer than 30 employees will start to be phased into the Government's automatic enrolment scheme, which was set up because people are living longer but are not putting enough money aside for their old age.
The FTSE 100 rose last Friday by 2.32% to 7046.82, as investors welcomed the election result – both the return of the Conservative Party and the fact that it had an overall majority.
Much financial talk over the last year has been around the revolution in pensions, with the liberalisation of the rules to allow much greater pensions choice on retirement.
The Office for National Statistics (ONS) has now stated that the UK economy grew at a faster pace last year than originally announced.
There was a second eclipse late on Friday as the FTSE 100 rose above 7,000 for the first time and hit a new record high. The benchmark stock index closed the day at 7,022.51, having set a new intraday record of 7,024.21 during the afternoon session.
Stocks in the FTSE100 and other UK indices soared yesterday after the Chancellor’s budget speech.
For some time, Labour have said that they would limit tax relief on pensions for "additional rate" taxpayers (those with income over £150,000) if they win the next general election. This plan has now been confirmed and they would use the savings to pay for a reduction in university tuition fees from £9,000 to £6,000.
After threatening to do so a few times over the past year, the FTSE100 finally reached a new all-time high on Tuesday afternoon, passing the previous recorded at the end of the last millennium, just before the dotcom bubble burst.
The rate of UK Consumer Prices Index (CPI) inflation fell to 0.3% in January, according to figures from the Office for National Statistics (ONS) yesterday.
This year, so far, the stock markets have held up fairly well, despite all the noise out there in the marketplace, with the FTSE100 running at around 3% above its end of 2014 closing figures.
The much anticipated event finally happened in January. Mario Draghi of the European Central Bank (ECB) finally announced the introduction of quantitative easing (QE) in Europe with immediate effect. The figures are big - the ECB will buy back €1.1 trillion in assets, including government bonds and EU institutions, at a rate of €60bn per month.
December 2014 saw UK consumer price inflation fall sharply to 0.5%, down from the 1% recorded in November, according to the Office for National Statistics (ONS). Many economists were expecting a rate of around 0.7%.
Figures out today showed the Eurozone has officially slipped into deflation, with prices declining 0.2% in December compared with the same month a year earlier.
As we enter 2015, it’s time to look back on the year gone by and start to plan for the year ahead.
Following the Budget last March that introduced significant changes to savings and pensions, the final Autumn Statement before the General Election next year saw the Chancellor George Osborne overhaul the stamp duty system. The changes come into effect immediately and will, it is claimed, improve things for 98% of house buyers.
Whilst some of the key issues of long-term care have been addressed by the government in its Care Act, several problems remain.
Last month, radical changes to the intestacy rules were introduced, representing the biggest change to the intestacy laws since they were introduced in 1925.
The UK economy grew by 0.7% in the three months to September, according to the latest figures from the Office for National Statistics (ONS).
On Tuesday last week, the chancellor George Osborne put forward the Taxation of Pensions Bill, which gave further details of the revolutionary pension reforms first announced in the Budget back in March. Amongst the proposals, the chancellor announced that people will be able to use their pension pots “like bank accounts”, withdrawing money whenever they choose.
Yesterday Scotland voted no to independence by a 10.6% margin, higher than predicted by any of the various polls. The final result saw 55.3% voting ‘no’ and 44.7% ‘yes’.
Despite the UK economy doing well, the stock market has seen further falls this week, since the peaks reached in September. Revised figures from the Office for National Statistics (ONS) show that the economy grew slightly faster than first thought in the second quarter of 2014, up 0.9% rather than 0.8%. The ONS figures also show that the UK economy overtook its pre-recession peak earlier than thought, surpassing it in the third quarter of 2013 rather than the second quarter of 2014 as previously stated.
Earlier this year, the government announced momentous changes to the pension rules. And now there is more good news, with major changes being introduced to the tax treatment of pensions on death.
At a time when talk in the UK is of when interest rates will rise, the European Central Bank (ECB) caught markets on the hop with cuts to its three main interest rates. The headline rate was lowered to 0.05% and the deposit rate to -0.2%. The Bank of England meanwhile left rates unchanged again this month.
According to FE Analytics, one of the leading providers of investment data, Asia Pacific, excluding Japan, is the leading performer out of all the investment sectors this year, rising 10.1%. The global emerging markets sector has risen 7.8%. By way of contrast, the FTSE All-Share Index has been more or less flat over the year.
On Friday, it was reported that the UK economy grew by 3.2% in the second quarter compared with the same period last year. This is slightly higher than the original estimate of 3.1% and means the economy is growing at its fastest pace since 2007.
Just when it seemed pundits had started talking again about the continuation of the current long bull run, geopolitical risk has re-emerged as an investment issue.
The radical pensions changes, announced back in the March budget by Chancellor George Osborne, were given approval on 21 July 2014. The main thrust of the proposals have been adopted in full and a few other areas have been clarified somewhat.
The latest GPD figures out today show that the UK economy has grown again – and has now expanded to be worth more than its peak in 2008.
Last week, the Bank of England held UK interest rates at 0.5% for another month. Interest rates have been at this record low level since March 2009.
There were some interesting statistics in the Daily Telegraph recently, which amongst other things, pointed out that eight out of ten of the 23 million Isa investors choose cash accounts rather than opting for stocks and shares Isas.
With effect from today, the new Isa rules come into play. The result is a transformation in the way Isa schemes work, providing much more flexibility along with significantly larger tax-free allowances.
With the World Cup just under a week away, Goldman Sachs has produced a detailed report on the World Cup and its economic impact.
‘Sell in May and go away. Come back on St Leger’s Day’. So goes the old adage and it is obviously one to ponder as we enter the month of June.
There has been a lot of good news recently on the financial and economic fronts. Business confidence in the UK is rising and the markets have been performing well. Elsewhere, industrial output figures suggest that the Eurozone is recovering, whilst the US Dow Jones index ended the month of April at a record level. Even the Spanish economy grew – and at its fastest rate since 2008. So it would seem that we are in a glass half full phase.
"Securing the recovery is like making it through the qualifying rounds of the World Cup - it's a real achievement, but not the end goal. The prize in the economy is sustained and prolonged growth."
The UK economy grew by 0.8% in the first quarter of 2014. This follows on from the growth of 0.7% in the final quarter of 2013, according to the latest figures from the Office for National Statistics (ONS).
The UK inflation rate has fallen from 2.8% a year ago to 1.6% in March 2014, according to the Office for National Statistics (ONS). It is now at its lowest rate since October 2009.
According to the latest World Economic Outlook forecast from the International Monetary Fund (IMF), the UK looks set to be the fastest growing major economy this year. Inflation has stabilised, unemployment is down, and consumer confidence is up, keeping the UK on track to post its strongest growth since 2007.
The budget saw some dramatic headline changes on the pension’s front, but some of these changes don’t come into play until next April 2015, partly to give pension providers time to adjust their systems and practices.
In his penultimate budget before next year’s general election, the Chancellor announced some fairly radical changes to pensions and savings.
A couple of new forecasts have just come out suggesting that by the summer of 2014, the UK economy will overtake the peak level it reached before the 2008 crisis.
A couple of recent surveys by Scottish Widows are quite revealing about the nation’s psyche as well as behaviour when it comes to financial matters in general – and retirement in particular.
Announcing on Wednesday what he called “phase two” of forward guidance, Mark Carney, the governor of the Bank of England, stated that interest rates are unlikely to rise before 2015, as the Bank believes the economy is not yet strong enough to support an increase.
Mortgage rates have started to rise again, with five-year fixed rate mortgages moving up from their record lows. This is partly down to the improving economy, plus expectations that interest rates will now rise sooner rather than later.
If you are building up a generous company pension scheme, imminent changes to the taxation of pension savings could seriously cost you, unless you act quickly.
The UK economy grew by 0.7% in the fourth quarter of 2013, bringing the annual growth rate to 1.9%, according to the Office for National Statistics (ONS). The ONS said that this was the UK's fastest annual rate of growth since 2007.
It has been a good start to the year for the UK in economic terms. The latest figures and reports show that not only is inflation coming down but unemployment is also down, whilst IMF predictions suggest that the economy is certainly on the up.
At the start of the noughties, some investors built their portfolios with BRICs – investing in the then emerging markets of Brazil, Russia, India and China. The past decade has worked out fairly well for them. However, several commentators believe that the BRIC markets are beginning to overheat and some investors are starting to look for new emerging market investment opportunities.
In a recent interview with the Daily Telegraph, Steve Webb, the pensions minister, spelled out his vision for an overhaul of how pensions work. The essence of his plan is that he wants pensioners to be able to switch to better annuities regularly in the same way that homeowners can change their mortgage deals every few years. The aim is to avoid the situation where pensioners are trapped in potentially poor-value schemes until they die.
The Consumer Prices Index eased to 2% in December, down from 2.1% the month before. This is the first time that inflation has hit the government target of 2% since November 2009.
As one year closes and another begins, it is instructive for investors to look back on 2013 and see how the markets performed.
The first half of 2017 saw technology stocks flying on Wall Street. Whilst the passion for all things tech has cooled a bit of late, the world has certainly become a digital and technological marketplace. So as an investor, looking for the next big thing, how can you pick the new Facebook or Google?
February 12, 2025
How much money do you need to buy retirement bliss? The answer is different for everyone. Begin the journey towards finding your version of “enough” here.
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