Building financial security across three generations
Ensure your financial plans support not only your future but also the generations that follow In an era of rising living costs, longer lifespans and increasing tax pressures, many UK families are beginning to think beyond their own financial future. Increasingly, the focus is shifting towards building long-term financial security that can benefit children, grandchildren […]
Why more families are losing wealth to Inheritance Tax and how to avoid it
Data shows families are paying unnecessary tax without planning ahead Planning for your death is unlikely to be a cheery task to tick off your to-do list, but as the rules keep changing and tax thresholds remain frozen, tackling it is more important than ever. Families paid a record £8.5 billion in Inheritance Tax (IHT) […]
Foresight Roadshow – A new era of inheritance tax
The Redwood Team all stepped out this week to spend the morning at Eastwell Manor hosted by investment mangers, Foresight, for a lively discussion around the changing approach to inheritance tax planning. Some of our clients will be familiar with Foresight who offer a range of tax-efficient investment solutions including products which benefit from Business […]
Business Owners Masterclass Session 1
Simon and Mark headed to West Malling Golf Club in April to attend session 1 of the Business Owners Masterclass series jointly hosted by The Financial Planning Club and the Personal Finance Society. The 6 session course has been designed to help financial advice business owners gain a better understanding of the fundamentals of running a successful financial […]
Your health could be the key to a larger pension
Maximise your pension by sharing your health story Many UK adults approaching retirement may be missing out on thousands of pounds due to misunderstandings about how their health affects their pension options. Research shows that two in five adults over 50 are unaware that common medical conditions could significantly increase their retirement income[1]. Despite the […]
The optimal time to pass on your wealth
Making a significant difference to your family’s financial wellbeing Some people choose to wait until they pass away to transfer their assets to their children and grandchildren. However, passing on your wealth during your lifetime is an approach worth considering for several compelling reasons.
Navigating your finances through a divorce
Taking the right initial steps lays the foundation for a fair settlement Money matters might not be your primary focus when a marriage ends. However, given the significant impact a separation can have on your financial wellbeing, it is crucial to safeguard your future security early on. Understanding your assets, from property and pensions to […]
Rethinking retirement
Research highlights why retirees are choosing income security over risk Planning for your retirement income is one of the most significant financial steps you will take. As we transition from our working years into retirement, our priorities naturally shift from simply building wealth to ensuring that our wealth lasts throughout our later years.
Bridging the confidence gap in dementia care
It’s time to break the silence and build a support system For many adults in the UK, the middle decades of life are defined by a delicate balancing act. You might find yourself building a career, raising children, and managing a household, all while keeping a watchful eye on your ageing parents. This phenomenon has […]
Take control of your financial future
Building a solid retirement plan to navigate life’s uncertainties Planning for your future requires more than saving money; it’s about having a clear, structured strategy. A well-thought-out approach ensures your hard-earned wealth serves you well in later life and keeps you in control of your financial destiny.
