Welcome to our latest issue. As the world continues to work out how to live with the coronovirus (COVID-19) pandemic, may will agree that the new normal needs new thinking.
The pandemic has unleashed changes that seemed unthinkanble only six months ago. Along withthe health, safety and well-being of family, friends and loved ones, the new normal has also highlighted the need for financial guidance and support during this turbulent period.
Saving into a pension is one of the most tax-efficient ways to save for retirement. Not only do pensions enable you to grow your retirement savings largely free of tax, but they also providetax relief on the contributions you make. On page 10, we look at the various pension allowances that you need to be aware of and help you understand how to make th emost of them.
Whil eth enumver of couples divorcing has decreased in recent years, the cohort of couples deciding to split in later life is on the rise. Splitting with a spouse in your forties, fifties or even later can bring with it many complications. Turn to page 09 to find out.
Giving up on the 9 to 5 doesn't necessarily mean stopping work. On page 03, we explain why many people are now considering staggered or flexible working. It can suit some individuals who have caring reponsibilities or health issues, or those thinking about retiring in the next few years.
We are living in extraordinary times right now, in the grip of a global pandemic. Families are becoming more open about their finances, with the COVID-19 crisis highlighting the need to doscuss Wills and inheritance. Read the article on page 02.
A full list of the articles featured in this issue appears on page 02.
To read the full magazine, please click on the link below.
Smith Cooper Magazine - September to October 2020
If you would like further information or would like to arrange a meeting with one of our Financial Advisers, please do not hesitate to contact us either using the Contact page on our website or by calling 01455 614500.
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