News
Fiducia achieves corporate Chartered Financial Planner status
Posted in Fiducia News on 11.01.19 Read Fiducia Wealth Management is celebrating joining a select group of firms who have achieved the prestigious corporate Chartered Financial Planners status.Developments in Dedham
Posted in Fiducia News on 21.12.18 Read It has been a busy few weeks at Fiducia. Here are just some of the many highlights…Fiducia in the running for two titles at the 2019 Professional Adviser Awards
Posted in Fiducia News on 21.12.18 Read Fiducia Wealth Management is delighted to announce that we have been named as a finalist in two awards at the prestigious 2019 Professional Adviser Awards.The Sandwich Generation
Posted in Fiducia News, Pensions & Retirement on 19.12.18 Read Financially squeezed between elderly parents and childrenWork pressures
Posted in Fiducia News on 19.12.18 Read The greatest strains on physical and mental healthWealth Navigator
Posted in Inheritance Tax, Discounted Gifts (+3 more), on 19.12.18 Read Planning the BEST route for the next generationRelationship breakdowns
Posted in Pensions & Retirement on 28.11.18 Read A pension could well be the biggest single asset in the relationshipYou have one life, so invest wisely
Posted in Investing on 28.11.18 Read Identifying multiple risk profiles for multiple goalsA summary of the Autumn Budget
Posted in Fiducia News on 02.11.18 Read In a lot of ways, the headlines from a financial planning perspective are what the Chancellor left alone in this week’s Autumn Budget.Generation still taxed
Posted in Fiducia News, Pensions & Retirement (+1 more), on 01.11.18 Read Numbers nearly double in the last two decades With so much choice on offer, and with frequent rule changes and distinct tax benefits to consider, finding the right vehicle for your retirement planning is essential.Cash may not be king
Posted in Pensions & Retirement on 01.11.18 Read Pension savers risk a significant tax bill For most people over the age of 55, it is now possible to cash in or unlock all of your pension. How you take these benefits will depend on the type of scheme you have and how you want to take benefits. But concerns have been raised that some savers may risk running out of cash if they siphon too much out of their pension pots.Fiducia announce new company director Susie Laws
Posted in Fiducia News on 24.10.18 Read Fiducia Wealth Management are delighted to announce the appointment of Susie Laws as a new company director.Fiducia Charity Challenge supports causes across the border
Posted in Fiducia News on 23.10.18 Read A fundraising challenge event that brought together teams from the financial and legal professions has raised more than £2,000 to support charity work across the Suffolk and Essex borders.5 reasons to have a Financial Adviser
Posted in Financial Planning, Final Salary Pensions (+8 more), on 31.07.23 Read In today’s uncertain and volatile economy, succumbing to financial stress has become all too common. In such a scenario, having a financial adviser in the UK is becoming increasingly essential. Financial advisers are professionals who can provide you with practical advice and guidance on all aspects of finance, including investments, savings, mortgages, and retirement planning.
Below we highlight 5 reasons...
Bite sized bits – Retirement Needs
Posted in Financial Planning, Financial Advice (+2 more), on 24.07.23 Read Retirement is a crucial stage in life that requires careful planning and preparation. It’s a time when you are no longer working, and your income may decrease, but your expenses may increase. Therefore, it’s essential to plan for your retirement needs in advance to ensure you have enough money to support your lifestyle.1. Living Expenses
Living expenses are the most significant retirement need that you need...
Understanding Business Relief
Posted in Financial Planning, Tax Planning (+2 more), on 17.07.23 Read Business Relief (BR), formerly known as Business Property Relief (BPR) is a tax relief in the UK that can help to reduce the Inheritance Tax (IHT) liability on a business owner’s estate when they die. BR was introduced to encourage entrepreneurship and to ensure that family businesses and other businesses can continue to operate after the death of the owner.BR is available at two rates: 100% relief and 50%...
How to reduce your income tax bill
Posted in Financial Planning, Annual Allowance (+5 more), on 10.07.23 Read Income tax is a necessary component of living and working in the UK, but it can also be a significant expense. There are, however, ways to reduce your income tax bill and keep more of your hard-earned money.Here are some strategies to consider:
1. Make use of tax-free allowances: There are a number of tax-free allowances available in the UK that can help reduce your income tax bill. These include the personal...
Using Pensions & ISAs to provide liquidity in times of property market stress
Posted in Financial Planning, Financial Advice (+4 more), on 23.06.23 Read The property market can be unpredictable at the best of times, and during times of stress, it can be difficult to liquidate property assets quickly. However, pensions and ISAs (Individual Savings Account) can provide liquidity and different tax benefits during these times, alongside any property investments, making them a valuable tool for investors to consider.During the property market selloff of 2007/08 ,...
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...