Close

News centre

Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.

Videos

11 Jan 2019

Welcome to Prime Wealth

Posted by - Glen Callow

18 Sep 2018

Lifetime Cashflow Planning

Posted by - Glen Callow

Resources

22 May 2019

Business Succession Planning

Posted by - Glen Callow

If you are a business owner, business succession planning and insurance is important. It is simply the process of planning for what you want to happen if you (or your co-owner, if you have one) were to die or fall seriously ill. If this happens, family and business partners can be left in a complex situation. In some instances, the business ends up in the wrong hands, in others the business can fail. These issues apply to sole traders, partners and shareholders in limited companies, and all of this can be avoided with some sensible succession planning.

22 May 2019

Financial Protection for You and Your Family

Posted by - Glen Callow

Most people’s finances are like a house of cards, with their ability to earn an income acting as the bottom row. Everything else rests upon this bottom layer and, should the worst happen and your income stop, the whole house can come tumbling down. Life and health insurance protection underpins most good financial planning. These types of insurance can ensure that, if the worst should happen, the right amount of money will reach the right hands at the right time.

23 Jan 2019

Pensions Tax Planning for High Earners

Posted by - Glen Callow

If you are a high-earner and feel you are paying more and more tax, you are not alone. More than one in seven income tax payers are taxed at the higher, additional or top rate and they pay about two thirds of all income tax. This guide explores a key tax planning opportunity: making pension contributions. Pension contributions qualify for tax relief at your highest rate, which may be 40% or 45%. The effective rate of relief could be up to 60%, or even higher, if your pension contributions help you to avoid the withdrawal of child benefit or your personal allowance.

23 Jan 2019

Year End Tax Planning 2018/19

Posted by - Glen Callow

There are many different reliefs and allowances to take advantage of throughout the tax year. As the year-end approaches this guide offers some advice on the core opportunities you should be thinking about. With tips affecting income and investment, for couples, company directors and employees, there will be something for everyone. We also have some essential tips for those making their estate plans. The advice included here forms the base of a good financial plan for the year.

24 Sep 2018

You and Yours - Estate Planning

Posted by - Glen Callow

All too often, people put off estate planning. This is understandable as, rather than preparing for the here and now, it requires you to consider what will happen when your life is over, hardly something most of us rush to contemplate. Consequently, estate planning often becomes, and all too often remains, a do-it-tomorrow task. When it could suddenly become all-important… it might be too late. After all, accidents and illnesses do happen.

21 Sep 2018

The Bank of Mum and Dad

Posted by - Glen Callow

Parents have always supported their children in lots of different ways. These days, growing numbers of parents see their adult children struggling to build up enough in savings to put down the deposit on a house or to afford to move up from a first home to something larger. And, understandably, many parents want to do what they can to support their children financially with house purchase. This could be through a gift, a loan, helping with a guarantee when a mortgage is taken out or a range of other routes.

Latest News

21 May 2019

Living longer, but…

Posted by - Glen Callow

A recent report shows that life expectancy is still improving, but not as quickly as was once expected.“British life expectancy falls by S...

Read more

21 May 2019

Riding out investment bends

Posted by - Glen Callow

Professional investor interest has been focusing on US government bond yields, with potential lessons for long term investment. Source: US ...

Read more

21 May 2019

Doctors tapering off as pension tax rules bite

Posted by - Glen Callow

Measures designed to limit the cost of pensions tax relief to the Treasury are having some unwelcome consequences, as some senior doctors ha...

Read more

21 May 2019

A popular peak for venture capital trusts

Posted by - Glen Callow

Figures recently released for last tax year show the highest level of VCT investment since 2005/06.The Association of Investment Companies w...

Read more

21 May 2019

Ripple effect widens for China investors

Posted by - Glen Callow

It is not only Chinese mainland shares which are now attracting investor attention. Over the past few years, the relevance of shares quoted ...

Read more

Archives

Prime Wealth Planning Limited is an appointed representative of Best Practice IFA Group Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 5 Argosy Court, Scimitar Way, Whitley Business Park, Coventry, CV3 4GA. Registered in England and Wales No. 8003140. A list of Directors is available at the Registered Office. The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK. Prime Wealth Planning Limited is entered on the FCA register (https://register.fca.org.uk/) under reference 586270. The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.