We are excited to share that the Essential Wealth team have won ‘Team of the Year’ in the 2019 Professional Paraplanner awards on 13th June. We were shortlisted based on the way we work together when looking after client’s financial affairs. Hannah, Marc and Natasha had a telephone interview whereby they shared how we work,…
Market updates covering May 2019
So May saw the end of May… following the European elections, Theresa May resigned as Prime Minister and over the next few weeks, the Conservative party will be choosing their new leader and Prime Minister. With the Brexit deadline moved to the end of October, this will be the main priority for the new leader….
The Benefits of Financial Planning article
Marc Sullivan, Chartered Financial Planner, recently prepared an article for the 60+ Living Magazine which is a publication widely circulated in Berkshire. Marc covers key areas including retirement planning, financial security and estate planning, and talks about how we help people with these areas of financial advice. You can read the article by clicking this…
Market Update 1st May 2019
As most parts of the UK enjoyed glorious weather for the long Easter weekend, the European Union leaders granted the UK a six-month extension to Brexit. The new deadline is 31st October although Theresa May, who wanted a shorter delay, said the UK would still aim to leave the EU as soon as possible. The…
Natasha passes CII Protection exam
Natasha continues to make great progress with her financial planning exams and has now passed the Chartered Insurance Institute (CII) Protection diploma examination. Natasha is well on track to complete her diploma in Regulated Financial Planning this year.
Tax changes for let properties
We caught up with Catherine Bond of Blue Peak Consulting, one of our Associated Professionals, about the tax changes relating to rental property. Catherine explained: “If you have a rental property, HMRC are further restricting the percentage of your finance costs that are deductible from the rental income. From 6 April 2019, any higher rate relief will be…
Market update 1st April 2019
Despite being granted a short delay before the UK leaves the European Union, Theresa May lost the third meaningful vote on her Withdrawal Agreement in the House of Commons resulting in continued uncertainty around the UK’s exit. We are now due to leave on 12 April which is the d, being the date of the…
Marc Sullivan attains SOLLA accreditation
We are delighted to share that Marc has qualified as an accredited member of the Society of Later Life Advisers (SOLLA). SOLLA helps people and their families finding accredited financial planners who understand the financial needs of people in later life. Accredited advisers have demonstrated that they can provide the required financial advice for individuals…
Key tax allowances for the 2019/20 tax year
Some of the key tax allowances for the 2019/20 tax year, relating to personal financial planning, are: The individual personal allowance rises to £12,500. Higher rate tax threshold increases to £50,000. Annual Capital gains tax allowance increases to £12,000. The Individual Savings Account (ISA) contribution limit remains at £20,000. For Junior ISA’s the allowance is increasing…
Market update for February 2019
Market news for February 2019 UK news continues to focus on Brexit as we approach 29 March, which is the date we are due to leave the European Union. Fortunately, the rest of the world continues largely unaffected. Despite the reportedly failed summit meeting between the United States (US) and North Korea, there is hope in…
