Davis Wealth Management

Keeping it in the family: planning ahead for business succession

https://www.daviswealth.co.uk/article/detail/sjpp/keeping-it-in-the-family-planning-ahead-for-business-succession.html

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Keeping it in the family: planning ahead for business succession Achieving a successful handover of your business to a family member typically comes down to three aspects: early planning (ideally five to 10 years in advance), having a full understanding of the value of the business, plus open communication with all involved parties to ensure fairness.

The Bank of England (BoE) has voted to keep the central interest rate at 3.75% as had widely been expected.

Six members of its Monetary Policy Committee (MPC) voted to keep rates on hold, with three voting for an increase. This compared to a seven-two vote in the previous MPC meeting.

Markets had anticipated the decision, as the BoE attempts to grapple with rising oil prices caused by the conflict in Iran.

Interest rates on hold…for now Six members of its Monetary Policy Committee (MPC) voted to keep rates on hold, with three voting for an increase. This compared to a seven-two vote in the previous MPC meeting.

Women and wealth: A growing frontier

The great wealth transfer is one of the biggest factors behind the substantial growth in female-held wealth.

Many women face financial challenges, such as the gender pay gap, which in turn contributes to the pensions and investment gap.

Accessing financial advice can boost confidence about managing money, while more than one in ten women prefer a female adviser.

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https://www.daviswealth.co.uk/article/detail/sjpp/women-and-wealth-a-growing-frontier.html

Women and wealth: A growing frontier Women own more wealth than at any time in history. Money is being earned, created through entrepreneurship, and inherited by women through wealth transfer at a rapidly growing rate.

Managing finances in bereavement

After losing someone close to you even simple tasks can feel overwhelming – and dealing with finances can be hardest.

But you don’t have to tackle everything at once. When you feel ready ask a family member or friend to help you.

There are some practical and legal steps to go through. While these can feel daunting, taking it one step at a time can make things more manageable.

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https://www.daviswealth.co.uk/article/detail/sjpp/managing-finances-in-bereavement.html

Managing finances in bereavement There are some practical and legal steps to go through. While these can feel daunting, taking it one step at a time can make things more manageable.

Can I gift assets to avoid paying care home fees?

At a glance;

- Finding the money to pay for care home fees can be one of the biggest financial worries facing us in later life.

- Your local authority may help fund your social care – but if they believe you’ve given assets away deliberately to avoid paying the cost of care fees, they can treat those assets as if you still owned them.

- There are complex rules on giving away assets – we can help you understand these before transferring ownership of assets to someone else.

A place in a nursing home can cost £1,267 a week or even more, and anyone with significant assets won’t qualify for state support. As we are all living longer, it is something more of us will need to consider and plan for in later life.

Our guide explores who qualifies for help towards social care and care home costs. It also looks at the complex rules around gifting assets and how this is viewed under the means test for care fees.

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Can I gift assets to avoid paying care home fees? A place in a nursing home can cost £1,267 a week or even more1, and anyone with significant assets won’t qualify for state support. As we are all living longer, it is something more of us will need to consider and plan for in later life.

Employment law changes: what you need to know

At a glance

- New employment law changes are already in force, with more coming in October 2026 and January 2027.

- Business owners need to consider what these mean and take practical steps to ensure compliance.

- Taking these steps now will not only help ensure compliance, it will create a stronger, more resilient workplace for the future.

Employment law changes: what you need to know The changes being introduced throughout 2026 and into 2027 represent some of the biggest shifts to employment rights in over a decade. While many employers are aware that legislation is changing, fewer have considered what these changes mean in practical terms for their business, their managers, and...

Davis Wealth Management Ltd is an Appointed Representative of and represents only St. James's Place Wealth Management Plc (which is authorised and regulated by the Financial Conduct Authority). The `St. James's Place Partnership' and the titles `Partner' and Partner Practice are marketing terms used to describe St. James's Place representatives.

SJP Approved 25/06/2026

ISA changes:

-22% charge on cash in investment ISAs

- A simpler first-time buyer ISA

www.daviswealth.co.uk

https://www.daviswealth.co.uk/article/detail/sjpp/isa-changes-22-percent-charge-on-cash-in-investment-isas-plus-simpler-first-time-buyer-isa.html

ISA changes: 22% charge on cash in investment ISAs, plus simpler first-time buyer ISA The government has announced a 22% charge on the interest on cash savings held within non-cash ISAs, including stocks and shares ISAs and innovative finance ISAs, from April 2027.

At a glance:

- Protecting your family is often low on a busy to-do list, yet it’s a fundamental part of any family’s financial plan – and financial resilience.

- Financial protection such as insurance cover helps ensure that you and your family will be able to pay bills, maintain your lifestyle and safeguard your savings, should the worst happen.

- A financial adviser can help you make sure you have the right level and type of protection for you, both now and in the future.

What is protection and why do I need it? The value of protection insurance is clear. Cover brings peace of mind that the people you care about most will have a financial safety net should the worst happen.

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Frequently Asked Questions Do get in touch with us if you need a bit more information about these services, or any of our other financial planning advice.