Hallett Wealth Management

💷 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 The Budget lowdown – the topline announcements

🔹Paying tax when you’re retired is quite different to paying tax when you’re still working.
🔹You may be drawing income from a variety of different sources; all with slightly different tax implications.
🔹Today, you’ve got far more flexibility in how you plan your retirement income, and how you withdraw it. But there are some retirement tax traps you need to look out for.
🔹A local financial adviser can help you make a tax-efficient plan for your retirement – so you can spend on the things you really want.

Everything you need to know about tax in retirement Everything you need to know about tax in retirement

Helping you plan for your is a large part of our business. It’s one of the most important services we provide. We will work tirelessly towards making everything as it should be when you retire.
It’s never too soon to start putting retirement plans in place. You might be thinking about retiring in the not-too-distant future. Or you could be at the start of your career and wanting to get off on a good footing. Whatever your time in life, we can help you focus on what’s most important to you and make sure you take the right steps at the right time.

Why it's not as hard as you think to make a Will. You can’t take it with you when you go. But it can be surprisingly difficult to decide who to pass your money and assets to when you die. It’s a key reason why many people delay their legacy planning – but making a Will is a sure fire way to ensure the right people benefit, after you’re gone.

Why it's not as hard as you think to make a Will Why it's not as hard as you think to make a Will

A financial plan is the secret to a great retirement. Here's why

A financial plan is the secret to a great retirement A financial plan is the secret to a great retirement

Leaving a good inheritance can be life-changing for those you love. Discover how to leave more of your money to your family, and less to HMRC. https://partnership.sjp.co.uk/article/detail/sjpp/how-to-avoid-inheritance-tax-traps.html

Have you every taken the time to consider the tax benefits of owning a home? Ownership offers tax benefits, both during your lifetime, and when you pass your property on. Speaking to a local financial adviser could reveal tax reliefs that you may not be aware of, even if you’ve been a home owner for a long time.

The tax benefits of owning a home The tax benefits of owning a home

Love him or loathe him, President-Elect Trump will be the 47th President of the US in January. What might it mean for your investments? We expect to see short-term market volatility, but do not act on speculation. We remain anchored to our long-term investment views.

US election: What does Trump's victory mean for markets? US election: What does Trump's victory mean for markets?

The Chancellor has delivered the first Labour Budget since March 2010, and it brings some clarity and certainty following many weeks of speculation.

Understanding what the Autumn Budget means for you Understanding what the Autumn Budget means for you

📌 Financial advice is a matter of trust and understanding, as much as money.
🔸62% of people have never switched financial adviser, rising to 74% of those aged 55 or over.
🔸A strong relationship is the principal reason why people stay with the same financial adviser.
🔸Over 86% of those who already receive ongoing advice would recommend it to family and friends.

Longstanding financial advice relationships build stronger financial futures, offer support at major life moments and improve quality of life. https://partnership.sjp.co.uk/partner/nealhallett

👩‍👦 Intergenerational wealth management is about how families use their collective wealth to support each other during their lifetimes.

📈 Increasing life expectancy and major social change mean many families need to reconsider how their wealth can work harder for the benefit of the whole family.

Traditionally, wealth has passed from one generation to the next upon death. However, intergenerational wealth management challenges that notion and looks at how families can use their wealth more collaboratively to support each other during their lifetimes.

Why we seek financial advice, and why we stay with it. Together with SJP, we identify the five key reasons why people seek financial advice, and the role it plays throughout our lives.

The advice journey – why we seek financial advice, and why we stay with it The advice journey – why we seek financial advice, and why we stay with it