There is always a leak or two before a budget announcement and this year was no exception. The increase in pension annual allowance, for example, from £40,000 to £60,000 may be welcome news to many. What we were also led to believe was that the lifetime allowance (LTA) might also be increased from the current …
In the years when Childcare costs begin to reduce is a time to consider saving for children’s futures. I’ve not yet heard of the child who couldn’t think of a reason to use the savings built up for them!
About SOLLA SOLLA was established in 2008 as a ‘not-for-profit’ organisation to help people and their families find trusted accredited financial advisers who understand financial needs in later life. Advisers who can provide peace of mind and help you make the right financial choices for those all-important retirement years. Achieving SOLLA accreditation is the established …
Please note that the content of this review should not be considered as investment advice or any form of recommendation. If you require investment advice, please do not hesitate to get in touch with a member of our qualified team. Markets Shrug Off Banking Turmoil Key Themes March 2023 was a month to remember. It …
The introduction of the Auto Enrolment policy over 10 years ago has helped millions add to their pension pots. In 2021, employees across the UK saved £114.6 billion into their pensions and saw more than 10.7 million employees paying into a workplace pension. After taking inflation into account, this was an increase of £32.9 billion …
Information correct as at 15 March 2023 The Chancellor Jeremy Hunt, yes this time we still have the same Chancellor, unveiled his first Spring Budget yesterday. As is becoming the norm, most of the headlines had already been leaked. So, it was no surprise that the Chancellor described yesterday’s announcement as the ‘Back to Work’ …
The government has extended the voluntary National Insurance deadline from 5 April 2023 to 31 July 2023 to give taxpayers more time to fill gaps in their National Insurance record and help increase the amount received in state pension. Who should consider voluntary contributions? In general if you reach state pension age on or after …
Please note that the content of this review should not be considered investment advice or any form of recommendation. If you require investment advice, please do not hesitate to get in touch with a member of our qualified team. Overview: Positivity Hindered by Sticky Inflation Key Themes February proved something of a mixed bag following …
Please note that the content of this review should not be considered as investment advice or any form of recommendation. If you require investment advice, please do not hesitate to get in touch with a member of our qualified team. A Positive Start to the Year Key Themes The market thinks inflation is yesterday’s news, at least …
Wednesday 5 April 2023 sees the end of the current tax year. Following the Chancellor’s plans to freeze and in some case reduce tax-free allowances, it’s more important than ever to make the most of some timely tax planning.
