Aspire

More documents

Recommendations

Info

INTRODUCTION ORDER RESTORED Who doesn’t love the spring? George Osborne perhaps, as his latest announcements were (once again) dubbed an ‘Omnishambles’ Budget in the Press – this time, his U-turns on Personal Independence Payments for the disabled sparked not just the resignation of a senior Cabinet minister, but also a subsequent government climb-down, and loud rumblings from even the Conservative back benches. What a tangled web he weaves! And yet, the red-faced Chancellor did manage to redeem himself with some good news for savers, with the introduction of the Lifetime ISA for the long term. This represents a real opportunity for younger people to save and will enable parents and grandparents to gift money that can help with inter-generational planning. These are the little things that make ‘wealth management’ such an important process. At Willson Grange, we take a holistic view of personal situation at regular intervals, taking your current needs into account and planning for future eventualities. It’s a continual process that adapts to every stage of your life journey, restoring order and smoothing over those inevitable bumps in the road. <strong>Aspire</strong> isn’t just about money. It’s about family. It’s about life ISSUE 6: NO LOOKING BACK Welcome to Spring <strong>Aspire</strong>. What a winter we’ve had! Floods and storms brought despair and destruction in equal measure for so many people across Britain. We hope you didn’t fall victim to the rising waters, or, if you did, that you didn’t sustain too much damage. Perhaps now we can all look forward to some sunshine therapy. But first, we’ve got to ask – how prepared were you for the Spring Budget? If, like us, you were bracing yourself for twists and turns to the pension tax relief saga, you can breathe again. While more revolutionary changes were widely anticipated, the Chancellor felt the time wasn’t right. But don’t feel too relieved… the planned reduction in the Lifetime Allowance to £1 million and the introduction of the Tapered Annual Allowance for those with ‘adjusted income’ over £150,000 will proceed as previously announced. Nothing’s ever simple, but we can explain (see ‘Highs and Lows’, page 9). The new Lifetime ISA, introduced as an additional savings vehicle for house purchase or retirement, is also a good thing, as it will help Britain’s younger savers (‘Young and Fresh’, page 4). And even Jamie Oliver was taken aback by the introduction of the tax on sugary drinks – but not before time. Obesity and its related diseases are huge issues for our times. You can read more on our Health Wealth pages later on in this issue. Stuart Willson, CEO, Willson Grange Limited Chartered Financial Planners 3-4 The Quadrant, Hoylake Wirral CH47 2EE 0151 632 7100 What makes Willson Grange Limited (Chartered Financial Planners) different? 150 years of combined experience tailored to the individual team who provide a first-class service, while always putting you at your ease and advice that are both transparent and fair whose services are separate to and distinct from those offered by Willson Grange or St. James’s Place building trusted and lasting relationships with every client 2 www.wgcfp.co.uk
CONTENTS When you plan, you can… …keep it in the family …control your future 8 Good for your wealth – wealth managers who stay by your side 15 Love and protect – advantages of setting up an Asset Preservation Trust 15 Passing it on – straight forward advice for estate planning …get down to business 4 Finance in focus – taking a clear look at the Spring Budget 6 Mix it up – a cocktail of solutions for your pension needs 7 The constant planner – 5 ground rules for your future 9 Highs and lows – new rulings …live life (& love life) 7 We’re talking about… contribute to a pension 8 End of the road – alternative pension arrangements for senior employees 16 Built to last – the value of using your business premises within a pension wrapper 10 Glorious food (client story) – a peek inside the world of the celebrity chef 12 Tidy home, tidy mind – learn to declutter the KonMari way why the new sugar tax is a wonderful thing 14 The great escape – tax tips for ex-pats Willson Grange Limited represents only St. James’s Place Wealth Management plc (which is on the Group’s wealth management products and services, more of which are available on the Group’s website www.sjp.co.uk/products. The ‘St. James’s Place Partnership’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives. www.wgcfp.co.uk 3
Page 1: ASPIRE PLAN DREAM ACHIEVE SPRING
Page 5 and 6: IN THE KNOW CLEAR PERSPECTIVE Anoth
Page 7 and 8: LOOKING AHEAD THE CONSTANT PLANNER
Page 9 and 10: FINAL SALARY HIGHS AND LOWS High ea
Page 11 and 12: the oil that greases the machine of
Page 13 and 14: CLEAN AND LEAN LOSING YOUR FIZZ On
Page 15 and 16: BLUE-SKIES THINKING birth. You can

Aspire

Create successful ePaper yourself

Delete template?

Save as template?