Clearmoney January/February 2018

Welcome to our first edition of 2018.

The New Year is the perfect time to overhaul your life for the better, and one excellent place to start is by making solid financial resolutions that can help get you closer to your money goals, whether it’s increasing your retirement provision, looking to mitigate a potential Inheritance Tax bill or reviewing your level of protection in the event of an unexpected event.

We’ve now entered a new age of retirement planning with the introduction of pension freedoms. It is projected that the number of centenarians – people who live to 100 years old and beyond – will continue to rise by more than tenfold over the next 30 years. Thinking about pensions sooner rather
than later can mean the difference between a comfortable retirement and struggling to make ends meet. On page 04, we provide seven pension tips for nurturing your nest egg in 2018.

A new tax year is nearly upon us – and that means for all diligent savers and investors, it’s important to make sure that you take full advantage of your current Individual Savings Account (ISA) tax-efficient allowance. And the good news is you don’t even have to declare any investments held in ISAs on your tax return. This may not seem like much, but if you have to file an annual tax return, you’ll know that any way of simplifying your financial administration can be very helpful. Read the full article on page 08.

Writing a Will may seem daunting – and with everything else we should be thinking about, it becomes just another chore on the New Year to-do list. But writing a Will is fundamental to the financial planning process. It answers one of our most basic desires – to make financial provision for all that we hold dear. Turn to page 05. The full list of the articles featured in this issue appears opposite.

To request a hard copy, contact marketing@fairstone.co.uk

READ THE LATEST ISSUE ONLINE 

Download the latest Issue

Recent News

13 Aug
Fairstone, one of the UK’s fastest growing Chartered financial planning firms, today announces that it has taken a majority stake in Wokingham-based Allensons Mortgage Advisors, as it continues to...
 
27 Jul
Fairstone Chartered adviser Peter Savage offers his opinion in the latest issue of Investor’s Chronicle. An Investor's Chronicle reader needs to align his portfolio with his risk tolerance. William...
 
25 Jul
Families set to pay millions in unnecessary tax There’s a fundamental lack of awareness and understanding around Inheritance Tax, especially when it comes to how Individual Savings Accounts (ISAs)...
 
23 Jul
More retirees drawing pensions without LPAs People are generally living longer these days. Increasingly, more people are living well into their 80s and 90s – and some even longer. This may mean you...