Letts Wealth Management Ltd

📢 We're Moving Soon!



Exciting news! We'll soon be moving to our new office. The good news is we're staying on the Turkey Mill Estate, so we'll only be a short distance from our current location.



While our address will be changing, you can still expect the same friendly team and service. We'll share our new address and confirm the moving date closer to the time.



We look forward to welcoming you to our new office soon!

From April 2027, the way pensions are treated for Inheritance Tax purposes is set to change.

Most unused pension funds and pension death benefits will be included when calculating the value of an estate for Inheritance Tax. This means some estates that currently fall below the threshold could find themselves facing an IHT liability, while others could see an existing bill increase.

The changes could be particularly relevant for people with larger pension pots, valuable property, or those who have deliberately preserved their pension to pass wealth on to future generations.

There is still time to prepare. Understanding the value of your estate, including your pensions, savings, investments and property, can help you see whether the changes could affect your existing plans.

The important thing is not to make rushed decisions, but to make sure your retirement and estate planning still reflects what you want to achieve.

And just like that, the ‘ber’ months are here! 🍂

September always feels like a bit of a reset. Summer is coming to an end, routines are returning and suddenly the end of the year doesn’t feel quite so far away.

It can also be a good time to check in on the plans you made at the beginning of the year.

Perhaps you wanted to save more, get on top of your finances, start planning for a big life event or simply feel a little more organised with your money.

Whatever your goals looked like back in January, there are still four months of the year left to make progress.

And if your plans have changed along the way? That’s okay too. A good financial plan should change as life does.

Here’s to a positive final four months of 2026. 🍂

🧠 Jargon Buster: Unit Trust Feeder

It might sound technical, but the idea is actually quite simple.

A Unit Trust Feeder is an investment that can automatically move money into your ISA each tax year, making use of your annual ISA allowance without you having to remember to do it yourself.

Why is that helpful?

📈 It can help you make the most of your ISA allowance each year.
⏱️ It keeps your investments working efficiently with less administration.
📅 It can make investing feel simpler by automating part of the process.

It's just one example of how financial planning can help make the most of the allowances available to you.

As always, the right approach will depend on your individual circumstances, but understanding the jargon is a great place to start.

When people hear the words financial planning, they often think it's all about pounds and pence.

In reality, it's about something much bigger.

It's about having the freedom to make life's important decisions with confidence.

Whether that's buying your first home, starting a family, changing careers, travelling more or retiring on your own terms, a financial plan is there to support the life you want to live.

Because the real value of financial planning isn't measured by the numbers alone – it's measured by the opportunities it creates.

Some quotes stand the test of time because they capture a simple truth.

Whether you're saving for your first home, planning for retirement or working towards another life goal, having a clear plan can help turn good intentions into meaningful progress.

After all, achieving your goals isn't just about knowing where you want to go – it's about having a roadmap to help you get there.

What's one financial goal you're working towards this year?

💼 When was the last time you thought about your pension?

For many of us, it's something that's tucked away in the background. We know it's there, but we rarely stop to think about it.

The truth is, your pension is one of the biggest investments you may ever have.

That's why it's worth reviewing it from time to time.

✔ Are you contributing enough for your future goals?
✔ Have you changed jobs and left pensions behind?
✔ Does your pension still reflect your circumstances and retirement plans?

Life changes, and your financial plan should change with it.

Taking a little time to understand where you are today can help you feel more confident about tomorrow.

💡 Money Tip

A pay rise is always worth celebrating.

But before upgrading everything around you, think about putting some of that extra income towards your future instead.

Whether it's increasing your savings, topping up your pension or working towards another financial goal, small changes today can make a big difference over time.

Enjoy your success, but don't let every pay rise disappear into higher spending.

Risk tolerance is simply how comfortable you are with the possibility that the value of your investments could go up and down over time.

Everyone's risk tolerance is different. It can depend on things like your financial goals, your timescale and how you feel about market fluctuations.

For example, someone saving for retirement in 30 years' time may have a different approach to someone who needs access to their money in the near future.

Understanding your risk tolerance is an important part of building a financial plan that's right for you. It's about finding a balance that aligns with your goals and gives you confidence in your long-term plan.

After all, the best financial plan isn't necessarily the one that takes the most risk – it's the one that's right for you.

💡 Did you know?

When it comes to saving for the future, time can be just as valuable as the amount you save.

Starting earlier gives your money longer to grow, which means even small, regular contributions can make a difference over the long term.

You don't need to have a large lump sum to get started. Building good habits early can be just as important.

After all, it's not always about how much you save… it's about giving your money time to work for you.