Our May Financial Wellbeing Blog is Now Available
As lockdown restrictions ease across Scotland and the UK, this may be a good time to review your financial position and your plans for the future with a long period of such uncertainty highlighting what is important to us all.
In our latest edition of our newsletter, we look at areas to help you stay focused on your long-term aims and objectives for your money and of course, your financial health and wellbeing.
This month we have highlighted how parents can avoid falling foul of unexpected Child Benefit tax charges, with many being unaware of their responsibilities as HMRC increase compliance checks.
We discuss how the positive of our life expectancy increasing and us living longer can actually prove a challenge when planning our retirement, with the average person now likely to be in receipt of their state pension for 20 years or more.
Additionally, your most common questions regarding Self-Invested Personal Pensions (SIPPs) are answered, with our guide detailing which savers are best placed to benefit from these SIPPS, and the different rules when investing in these.
You can read the full update here and please do contact us if you would like to find out more about how we can help you with your financial plans.