News
Averting a later-life financial crisis
Posted in Fiducia News, Pensions & Retirement on 30.08.18 Read More retirees drawing pensions without LPAs People are generally living longer these days. Increasingly, more people are living well into their 80s and 90s – and some even longer. This may mean you have a long time to budget for. That’s why it is very important to consider all of your options carefully and think about what will matter to you in retirement.When I’m gone
Posted in Financial Advice, Wealth Management on 30.07.18 Read How a simple list can help your loved ones after your death Although it may not feel like it, your family finances are probably more precarious than you think. It’s all well and good when the breadwinners are healthy and working, but if something unfortunate were to happen, the outlook for those around you could change instantly.To transfer, or not to transfer?
Posted in Fiducia News, Pensions & Retirement on 30.07.18 Read More than 100,000 people transferred out of Defined Benefit (DB) pensions in 2017/18[1]. A DB pension scheme is one where the amount you’re paid is based on how many years you’ve worked for your employer and the salary which you have earned.Driving towards the next phase of your life
Posted in Fiducia News, Financial Advice (+1 more), on 30.08.18 Read Getting the date right can help you reach your destination sooner At some point you’ll say ‘goodbye’ to your co-workers, get into your car and drive towards the next phase of your life – retirement. But when will that be? The move to retirement is one of the most important decisions you’ll make, so it’s not surprising that determining the date is harder than you may ever expect.Back to the future
Posted in Fiducia News, Pensions & Retirement on 30.07.18 Read Visualising what really matters to you is the key to the planning process Have you ever thought about writing a letter to yourself to describe your ideal future life, long-term life goals and the process of how to plan for them? Imagining what you want your life to be like in the long term when you retire can help you think much further ahead than you might ever have done before. Research conducted for a new...Fiducia signs up to become a SIFA Professional member
Posted in Fiducia News on 11.07.18 Read Organisation promotes closer working between the financial and legal profession We are delighted to announce that we have signed up to become a SIFA Professional member.Fun charity corporate challenge raises more than £2,000
Posted in Fiducia News on 02.07.18 Read Fiducia Charity Challenge raised money for the Suffolk Community Foundation and the Essex Community Foundation. A fun sports-themed challenge that brings together companies from across Suffolk and Essex has raised more than £2,000 for local charities.Fiducia highly commended in prestigious awards
Posted in Fiducia News on 28.06.18 Read Money Marketing Awards success continues in Best Investment Adviser category. We are delighted to announce that we have been Highly Commended in the industry-renowned Money Marketing Awards.Fiducia up for trio of awards at premier financial services event
Posted in Fiducia News on 19.06.18 Read Fiducia Wealth Management have been shortlisted for three individual awards at the prestigious Money Marketing Awards. The Dedham-based company, who have a long and proud track record in winning awards, have spoken of their delight at being nominated ahead of the prize-giving event on Thursday 21st June.Making the most of your pensions
Posted in Fiducia News, Pensions & Retirement on 05.07.18 Read Have you accumulated multiple plans that need reviewing? By the time we have been working for a decade or two, it is not uncommon to have accumulated multiple pension plans. There’s no wrong time to start thinking about pension consolidation, but you might find yourself thinking about it if you’re starting a new job or nearing retirement.2018/19 tax changes
Posted in Tax Planning on 04.06.18 Read New initiatives you need to know It’s important to consider the tax implications of making financial decisions. The 2018/19 tax year is now upon us, and a raft of new changes have come into force. The good news is that the overall tax burden is little changed for basic-rate taxpayers, but there are number of areas that have changed that should be taken note of.Make it a date
Posted in Fiducia News, Pensions & Retirement on 20.07.18 Read Keeping your target retirement plans on track Most over-45s are not making plans to match their hopes for the future, according to research from Standard Life[1]. The vast majority (86%) of those aged 45 or over are already dreaming about escaping their working life for retirement, but only 8% of the same age group have recently checked the retirement date on their pension plans to make sure it is still in line...The beginning of a new chapter for Fiducia
Posted in Fiducia News on 30.05.18 Read Gordon Kearney promoted to Managing Director of Fiducia Fiducia Wealth Management is delighted to announce the promotion of Gordon Kearney to the position of Managing Director which follows John Millican’s decision to step down and become Executive Chairman.Q&A with Economist and Fiducia Consultant Michael Hughes
Posted in Investing, Fund Manager Q&A (+4 more), on 09.05.23 Read During a busy period despite the 2022/23 Tax Year ending, our team managed to catch up with leading Economist and consultant to the Fiducia Investment Committee, Michael Hughes in a live Q&A.Michael shared his thoughts on current economic events, financial market performance and areas of interest when seeking future investment success.
You can watch the Q&A by clicking the button below.
***UPDATED*** After the UK Budget, should I pay into my pension again?
Posted in Financial Planning, Financial Advice (+6 more), on 22.03.23 Read “Following the budget, should I pay into a pension again? And what about if I have existing transitional LTA protection”These are questions that I have been asked a few times since Wednesday!
In short, there is no simple answer and it will depend on a number of different things, such as; your circumstances; what your longer term goals are with regards to your pension funds; affordability and so on.
For...
Do you need a Trust to protect your wealth?
Posted in Financial Planning, Bare Trusts (+7 more), on 22.03.23 Read Determining whether you need a trust requires careful consideration of your personal and financial circumstances. In this article we explain what Trusts are, what trusts are available and how you can go about setting one up…should you feel it is the right route to go down to protect your wealth.Under no circumstances are we suggesting you use the information within this article as advice to set up a Trust to...
Silicon Valley Bank Failure
Posted in Fiducia News on 13.03.23 ReadOn Wednesday 8th March, Silicon Valley Bank (SVB) informed the markets of its $2 billion shortfall of capital. Within 48hrs, US regulators had closed the bank due to a run by depositors to withdraw funds.
Our Economist, Michael Hughes, has provided the following comment:
This is another example of the distortions caused by zero interest rate policies for many years. That policy encouraged investing in risky...
Austyn Johnson – Helping your children to buy property? No cash? No problem!
Posted in Financial Planning, Financial Advice (+1 more), on 06.03.23 Read When it comes to helping your children hop up onto the property ladder, it’s always been the same, ‘give them some money’. But what does that really mean? Well, put frankly, it means you give them money you know you’ll never see again!In a period where the cost of living crisis is taking hold for many and cash isn’t as readily available as it once was, what if there was a way to help your children onto...
Be More Tax Aware
Posted in Corporation Tax, Financial Planning (+15 more), on 02.03.23 Read It’s not exactly a huge secret…but the end of the 2022/23 tax year is fast approaching. What can you do to ensure you are making best use of the allowances afforded to you by HMRC in the UK?According to Gov.uk, HMRC collected £715.5 billion in taxes in 2021 to 2022, an increase of 22.5% from the year before. There’s no denying that’s a huge sum of money. Whilst taxes must be paid, there are ways...
Developments in Dedham – December 2022
Posted in Fiducia News, Awards (+1 more), on 09.12.22 Read With Christmas only a couple of weeks away, it’s sad to say this will be our last Developments in Dedham blog for 2022. But fear not, we’ll be back in early 2023 to share all the latest news from our offices with you, our followers, our clients and our friends in business.Time flies when you’re having fun and despite some village confusion with a tree falling down and damaging the church wall, we have been...
Performance of FWM ESG Portfolios
Posted in Investing, ESG (+9 more), on 31.10.22 Read A difficult year for everyone!In 2021, over $500 billion flowed into ESG (Environmental, Social, and Governance) funds, and at the beginning of 2022 it was expected that similar growth would continue. However, 2022 has proved to be a difficult year for investment markets in general, let alone when you involve the difficult addition of ESG.
Investment Metrics, a global provider of portfolio analytics, found that...
Fiducia adviser appears on the BBC
Posted in Financial Planning, Fiducia News (+4 more), on 13.10.22 Read Fiducia Co-Owner and Chartered Financial Adviser, Susie Laws, was live on BBC Scotlands ‘The Nine’ show yesterday evening.Following an afternoon being interviewed on radio by the BBC Central News Service and 5Live broadcasting across Cumbria, Shropshire, Cambridgeshire, Oxford and Bristol; the BBC invited Susie to appear on The Nine show.
The show, watched by over 170,000 people on BBC Scotland, discusses...
Economist Q&A – With Michael Hughes
Posted in Financial Planning, Fiducia News (+10 more), on 30.09.22 Read Following the mini budget delivered by UK Chancellor Kwasi Kwarteng, financial markets have suffered a downturn in fortune. The Bank of England have since stepped into the marketplace and purchased £65 billion in government bonds to protect pension funds.As financial advisers, we understand any concerns investors have about how their retirement plans might be affected. With our investors in mind, we spoke with...
Developments in Dedham – September 2022
Posted in Fiducia News, Charity on 29.09.22 Read As the long nights set in and the cold mornings welcome us all, Autumn arrives and pretty soon the leaves will begin to fall from the trees, if they haven’t done so already. Here at Fiducia, despite the seasonal changes, our growth journey continues with new people joining and much more. As F. Scott Fitzgerald once said “Life starts all over again when it gets crisp in the fall.”With a raft of changes hitting...
Divorce and your pension…what to expect
Posted in Financial Planning, Final Salary Pensions (+4 more), on 30.09.22 Read Finances are always scrutinised when a marriage or civil partnership ends. A pension can be an important financial asset and will be included as part of the overall financial settlement agreed between you and your partner.If divorce is something you are considering in the future or something you are going through right now, any pensions held between the two parties will need be taken into consideration. This...
‘Should I save or invest?’ – What our experts say
Posted in Financial Planning, Financial Advice (+4 more), on 26.09.22 Read With the cost of living soaring across the UK for all, bolstered by rising energy costs and inflated food prices, making your money work hard for you by investing is something many should be thinking about in the future. However, we accept, deciding whether you should invest at a time when the world feels more volatile than ever can be a frightening experience for anyone.Whether you’re thinking of leaping...
Fiducia Charity of the Year 2022/23 announcement
Posted in Fiducia News, Charity on 31.08.22 ReadWe are extremely proud to announce our chosen Charity of the Year for 2022/23 will be The Tom Bowdidge Youth Cancer Foundation.
Our in-house Charity Committee, spearheaded by Senior Financial Adviser Rob Wood, deliberated over several local charities for Fiducia to support over the next 12 months. Taking into account the family aspect we have at the company, The Tom Bowdidge Youth Cancer Foundation ticked a lot...