FB Wealth Management

From 6 April 2027, most pensions will be included in your estate when calculating Inheritance Tax.

This could mean more estates become liable for the tax, and some families may face a higher bill than expected.

As pensions have traditionally been a tax-efficient way to pass on wealth, the change could affect both your retirement and estate plans.

Download our guide, linked below, to learn what’s changing and what you may need to consider. 👇

https://fbwealth.co.uk/guides/

5 fantastic reasons to make volunteering part of your retirement plan:

1. Expand your social circle
2. Restore a sense of purpose
3. Build a new routine
4. Continue developing skills and knowledge
5. Pass on your expertise

Read our blog, linked below, to learn more.

https://fbwealth.co.uk/5-fantastic-reasons-to-make-volunteering-part-of-your-retirement-plan/

Are you missing out on chances to reduce your Inheritance Tax bill?

A recent report covered by Today's Wills and Probate discovered that a person beginning estate planning at 50 and making use of multiple strategies, such as exemptions, reliefs, and business relief investments, could, on average, pass on £397,000 more to loved ones than those who delayed estate planning until they were 70.

If you want to learn more about some of the strategies that can mitigate a potential Inheritance Tax bill, click the link below.

https://fbwealth.co.uk/the-12-3-billion-cost-of-delaying-estate-planning/

94% of UK adults said their most important retirement dream is to feel financially secure for the rest of their lives, according to a survey by Legal & General.

However, working out what your income might look like many years from now can be complex.

If you feel in the dark about how your pensions, savings, and investments might support you in later life, click the link below.

https://fbwealth.co.uk/how-a-cashflow-model-could-provide-clarity-about-your-retirement-income/

How many financial goals do you want to achieve?

A common challenge people face is balancing your competing goals and understanding how to use your assets to work towards them.

Luckily, a financial plan can help. Read our blog, linked below, to discover how we can help you juggle different priorities.

https://fbwealth.co.uk/balancing-your-goals-how-a-financial-plan-could-help-you-juggle-different-priorities/

Financial planning is about far more than numbers.

It's about using your money to create joy, improve your wellbeing, and plan for a happy future.

To discover how a financial planner could help you live the life you dream of, read our latest case study, linked below.

https://fbwealth.co.uk/how-to-engage-with-your-finances/

How will you spend your time once you retire?

A fulfilling retirement isn't just about financial security; it's about the experiences you have, the people you meet, and continued personal growth.

Giving some of your time to a cause that matters to you could be an important part of this.

Read our blog, linked below, to discover 5 compelling reasons to make volunteering part of your retirement plan.

https://fbwealth.co.uk/5-fantastic-reasons-to-make-volunteering-part-of-your-retirement-plan/

Delays in estate planning could cost UK families £12.3 billion when changes mean pensions will form part of your estate next year, according to a report covered by Today's Wills and Probates.

Under the current rules, most pension wealth sits outside your estate for Inheritance Tax purposes.

However, for many pension holders, that will change on 6 April 2027, as most pensions will be included in Inheritance Tax calculations.

Read our blog, linked below, to learn more about the upcoming changes and how you can pass on your wealth to your loved ones tax-efficiently.

https://fbwealth.co.uk/the-12-3-billion-cost-of-delaying-estate-planning/

Just one in five people with a defined contribution pension understand what retirement income they can expect, according to research findings published by IFA Magazine.

This uncertainty could leave you worried about your long-term financial security and unprepared for what lies ahead.

That's where financial planning comes in.

Read our blog, linked below, to find out how a financial planner can use cashflow modelling to give you a clear picture of your retirement income and help you plan for the future you want.

https://fbwealth.co.uk/how-a-cashflow-model-could-provide-clarity-about-your-retirement-income/

4 ways a financial plan could help balance multiple goals:

1. A financial plan identifies your goals
2. A financial plan could model different scenarios
3. The data from a cashflow model could help you understand trade-offs
4. A financial planner could adjust your plan as your goals change

Read our blog, linked below, to learn more.

https://fbwealth.co.uk/balancing-your-goals-how-a-financial-plan-could-help-you-juggle-different-priorities/