On page 5, we look at passing on wealth and why it is a sensitive subject, not just because of the financial complexities of it all, but also the emotion and family politics involved. Having built up their business or wealth, many families often wish to enjoy it whilst also ensuring that it is passed on to the next generation in their families. But some people find the idea of discussing passing on wealth uncomfortable.
Today, you’ve got a number of options and permutations available when it comes to what to do with your pension in retirement. But lots of choice can also mean increased confusion. Your retirement might seem like a far-off prospect, but knowing how you can access your pension pot can help you understand how best to build for the future you want. Turn to page 10 to look at your options.
Also inside this issue, we suggest the ‘Top 5’ list of tax planning areas to consider now; ask ‘Should you invest into a pension or an ISA?’; and explain how to prepare your portfolio for inflation.
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If you would like further information or would like to arrange a meeting with one of our Finacial Advisers, please do not hesitate to contact us using the Contact page of our website or by calling 01455 614500.