Alistair Schreiber Wealth Management

🎁 A couple of notes about gifting, now we've entered the new tax year.

🎉 You have a £3,000 annual exemption for gifting, which can be carried forward for one year if unused?

👩‍❤️‍👨 A parent can gift up to £5,000 tax-free to their child who is getting married.

💎 Grandparents or any remoter ancestor (i.e. great grandparents) can gift £2,500 in consideration of marriage and any other person can gift £1,000 for a marriage.

💶 More exemptions include gifts to charities, and donations to political parties or institutions that exist for public benefit, such as universities, national museums, and the National Trust.

Why should you be interested in pensions? They are not very exciting BUT they are an investment in your future self. So, if you care about your future, you should care about a pension. 😀 And if you're in your 50s, with several pension pots from various different jobs, even more so.

Retirement planning | Schreiber Financial Planning A great retirement starts with a great planWhen it comes to thinking about your retirement, it’s never too soon to get started. Along with dreaming about where you might like to live, or all the th...

Five allowances to use before tax year end. With the rise in inflation and the freeze on income tax thresholds until at least 2031, the tax burden has increased considerably for many of us. This is especially true for those who have benefited from rising wages but who have moved into higher income tax bands as a result. 5️⃣ allowances you can use before the end of the tax year on 5 April.

Five allowances to use before tax year end With the rise in inflation and the freeze on income tax thresholds until at least 2031, the tax burden has increased considerably for many of us. This is especially true for those who have benefited from rising wages but who have moved into higher income tax bands as a result. This is why it is more...

🔹 When can I retire?
🔹 Can I afford my dream lifestyle?
🔹 I have several pension pots from different employers as I changed jobs during my career.
🔹 Are my pensions and investments performing well and are they structured correctly for my circumstances?

As you reach your 50s, these are questions that you ask yourself more regularly. A financial planner helps answer these questions by understanding what your ambitions are once work has ended, and whether you're doing to right things now to get where you want to be. We can help give you clarity, confidence and reassurance.

🤔 Can anyone of working age remember when the world last felt this volatile? As individuals, there's little we do from the side lines, but we can still manage and plan for retirement in turbulent times. Here are some things to consider in conjunction with an adviser.

1. You can help manage the volatility risk of your portfolio by reviewing and choosing the level of risk you are willing to take across your ISA, pension and other investment products.

2. Diversification also helps to manage volatility risk.

3. Even though volatility can be nerve-racking for investors, history suggests it is important to remain invested in tough times to benefit from the long-term gains of investing.

4. Market volatility could potentially help those who make regular contributions to their investments accelerate portfolio growth.

Planning for retirement in volatile times On the surface, investing for retirement may seem straightforward – the younger you are, the more risk you might be prepared to take with your investment portfolio. For those approaching retirement, derisking their portfolio is likely to be a preferred approach.

Having a clear purpose or goal when and can make a real difference when it comes to both motivation and confidence. And those goals are rarely purely financial – there will often be a clear emotional driver behind them. The top reasons why people save are:

1. Retirement
2. Travel and holidays
3. House deposit

Younger adults are more focused on shorter-term milestones such as buying a home and starting a family, while older generations are more inclined to save on a regular basis.

Clear goals can help people focus, but professional advice has a role to play too in providing the structure and discipline to achieve them.

🔜 We need to change the narrative and soon.

❌ I don't have enough money saved up or enough to invest regularly to need a financial adviser.
❌ They are looking to make money from me, selling financial products that I don't know I need.
❌ Their own interests come first, ahead of mine

A financial planner will help make the money you've worked hard for, work hard for you. It's not about how much you start with, but what you end up with. Reach out and speak to one and find out if it's right for you.

💷 The Budget lowdown – the topline announcements.

The Chancellor has finally delivered her Autumn Budget and as trailed, there were significant tax increases but also boosts to spending in some areas. There will be winners and losers but undoubtedly higher taxes will be a feature for many.

The Budget lowdown – the topline announcements After months of waiting and a seemingly constant stream of speculation and leaks – including the calamitous publication of the OBR forecast 30 minutes before the Chancellor stood up – the Autumn Budget has finally taken place.

📌 Albert Einstein called compounding the Eighth Wonder of the World - and for good reason.

The earlier that you start investing, the more time your money has to grow. Even small monthly amounts can snowball into a significant pot over the decades. Start small, start now and let time do the heavy lifting!

Contact Us | Schreiber Financial Planning Please feel free to contact us on the details below with any financial queries or concerns which you may have.

Are you being (pension) scammed?
Anyone can be the victim of a pension scam, no matter how financially savvy they think they are. Scammers are using ever more elaborate tricks To fool people so it's important to look out for the warning signs. We examine how to stay one step ahead of the scammers, and protect your financial security in .

Are you being (pension) scammed? Anyone can be the victim of a pension scam, no matter how financially savvy they think they are. Scammers are using ever more elaborate tricks To fool people so it's important to look out for the warning signs.We examine how to stay one step ahead of the scammers, and protect your financial security...

🧰 One of the most valued benefits of having a financial adviser alongside you is knowing you’re on the right path with your money and that with annual catch-ups, tweaks can be made to stay on track.

👉 You can’t rely on anybody else for your retirement planning. In the past generous state support and defined benefit pensions meant individuals did not need to think about their future because it was done for them. Today that luxury is the exception rather than the rule. https://www.asfinancialplanning.co.uk/contact