Thousands of families may be entitled to an Inheritance Tax (IHT) rebate due to stock market volatility. As the government does not automatically refund estates when this happens, many families could be unaware they’ve overpaid. Overpaying IHT could occur if the value of assets falls between the benefactor passing away and the sale of them. Read on to find out …
For many people, their pension is a crucial part of their retirement plan. With Pension Awareness 2023 starting on 11 September, it’s the perfect time to learn more about your pension savings. Despite pensions often being essential for reaching retirement goals, a survey suggests many savers lack pension knowledge and don’t plan to seek support. According to a report in …
Investing may provide a useful way to grow your wealth, but getting started can be overwhelming. There are some important decisions to make when investing that could affect the outcomes and the tax you’re liable for, and we’re here to offer support. Last month, you read about investment risk and what to consider when creating a risk profile. Now, read …
Planning for financial security in retirement is a crucial yet complex task. Pensions playing a central role in ensuring a comfortable and stress-free life after you finish working. Managing pensions involves complex tasks like exploring schemes, understanding taxes, and aligning financial goals. Yet, it is vital to make well-informed decisions when it comes to retirement planning. Having a knowledgeable and …
As awareness about the environmental, social, and governance (ESG) impacts of business practices increases, investors are becoming more conscientious about aligning their portfolios with sustainable and ethical principles. Recognising the growing importance of ESG-based investing, TPD Wealth Management offers tailored advice to clients seeking to invest responsibly without compromising their financial goals. Our experienced independent financial advisors are adept at …
Retirement planning is an integral part of securing your long-term financial well-being and ensuring a comfortable life in your post-work years. The idea of maintaining a steady income and enjoying the fruits of your labour may seem overwhelming, but with over 100 years of collective experience, the team at TPD Wealth Management can provide invaluable guidance in making your retirement …
Inflation continues to be a challenge for economies around the world, but figures released in June suggest the pressure is starting to ease. Read on to discover some of the factors that influenced investment markets during June. Remember, you should take a long-term view when investing, as markets can experience short-term volatility. If you have any questions about the market …
Have you ever wondered what it takes to become very wealthy? A new psychology study suggests that personality traits might have more to do with wealth than you first think. The study, which was conducted by researchers at the Open University and the Norwegian School of Management, assessed the attributes of around 3,200 people. The traits were then compared to …
Investing in property is often seen as a savvy way to boost your long-term wealth. But, if you’re thinking about becoming a landlord, there are three taxes you need to factor into your plans to avoid an unforeseen bill. Property prices have steadily increased in recent decades, so it’s not surprising that people are considering property investments. Even after short-term …
As a business owner, have you considered how your firm would cope if it lost a key member of the team unexpectedly? Key person cover could provide a vital cash injection when you need it most, but it’s something many businesses are overlooking. Losing a key person may have a devastating effect on businesses. According to a report from Legal …
