News / page 19

21st October 2023 - Ben Nolan

5 useful conversations to have this Talk Money Week

Opening up about your finances can be difficult. Yet, talking about money could improve your financial security and boost your wellbeing, whether this is talking to your Financial Planner, friends, or your partner. Every year, the Money and Pension Service (MaPS) hosts Talk Money Week, an initiative encouraging more people to start financial conversations. This year, it takes place between…

read more
20th October 2023 - Hannah Bibby

Autumn reading: Discover this year’s Booker Prize shortlist

As the nights start drawing in, it’s the perfect time to refresh your bookshelf with some of the biggest publications of the year. The 2023 Booker Prize shortlist has been unveiled and includes six fantastic novels. The Booker Prize launched in 1969 and many of the books that have won the award have gone on to…

read more
20th October 2023 - Daniel Brooks

3 valuable reasons your financial reviews are important

Creating a financial plan is just the first step to reaching your goals. While you may have carefully set out what you need to do, regular financial reviews are essential.  It’s often advised that you review your financial plan once a year or following major life events. Over the next few months, you can read about why reviews are a…

read more
20th October 2023 - Ben Nolan

Here’s why pension reforms mean you might want to reconsider your retirement plan 

Government changes to the taxation of pensions may mean you could save far more tax-efficiently for retirement. If a potential tax bill influenced your current retirement date, it might be worth reviewing your plan. Previously, the Lifetime Allowance (LTA) affected the total pension benefits you could build up before facing a possible tax charge. In 2022/23, the LTA was £1,073,100.

read more
20th October 2023 - Alicia Buckingham

How to make happiness part of your financial plan

People often think of their financial plan as a way to grow their wealth and provide financial security. You might consider areas like your pension or financial protection to be core parts of your financial plan. Yet, while they’re important, your happiness is essential too. Financial planning is about helping you reach your financial goals, but it goes further than…

read more
20th October 2023 - Tracey Payne

HMRC collects a record amount in Capital Gains Tax. Here’s how we could help you manage your liability

The latest release from HMRC shows it collected a record £16.7 billion in 2021/22 through Capital Gains Tax (CGT) – a 15% increase on the previous tax year. Cuts to a tax exemption could mean CGT receipts might climb even further. CGT is a type of tax you pay when you sell or dispose of certain assets.

read more
20th October 2023 - Ben Nolan

Danny promoted to our team of technical wizards.

Here at Herbert Scott, we are committed to hiring young talent into the profession and supporting them through their development. With this in mind, we are proud to announce a promotion for our apprentice Danny Rudden who has joined our team of technical wizards, or as we like to call them Financial Planning Assistants. Danny joined Herbert Scott in September…

read more
19th October 2023 - Tracey Payne

Investment impact of the unfolding tragedy in the Middle East

Everyone has been touched by the horrific events and unfolding human tragedy in Israel and the Gaza Strip, and many are concerned about how this might escalate into a wider conflict at a time of great uncertainty in the world. People’s immediate focus is, rightly, on the plight of those caught up – either directly or indirectly – in…

read more
20th September 2023 - Tracey Payne

Herbert Scott news – Alicia becomes our 5th Financial Planner

I am proud to announce that Alicia Buckingham has joined Kevin, Ben, Sean and me as a  Financial Planner at Herbert Scott, a move underpinning the firm’s commitment to ensure we are always there for our clients, day in, day out, year after year. Alicia has been part of the Herbert Scott…

read more
15th September 2023 - Alicia Buckingham

7 practical reasons to make a Lasting Power of Attorney now

A Lasting Power of Attorney (LPA) could provide you with protection when you’re most vulnerable by giving someone you trust the ability to make decisions on your behalf. Yet, a survey in the Independent, found that less than half of married couples have an LPA.   We will…

read more