KNOWLEDGE & RESOURCES

Recent

Should I wait to access my pension?

At a glance: If you can afford to leave your pension untouched for the near future, your money will remain invested and could grow into a larger savings pile – although there’s always an element of risk with investment. You can continue paying into a pension after retirement to further boost your savings and benefit […]

> Read More

Do you have to sell your home to pay for care?

At a glance It’s not always necessary to sell your home to fund long-term care. If you choose to receive in-home care, or if a spouse or dependent relative remains living in your home, you will not be forced to sell. Be wary of the lifetime-mortgage ‘trap’ – these equity-release schemes often state that you […]

> Read More

Who pays for social care?

At a glance: Your local authority is responsible for social care and will work out if you qualify for financial support. They will provide a means test to calculate whether you have to pay some or all of the cost of a care home or in-home care yourself. If you have assets of £23,250 or […]

> Read More

Give your ISA the best chance of success

At a glance: Stocks & Shares ISAs are a very tax-efficient – and potentially lucrative – way of saving for the long term (at least five to 10 years). Each person’s ISA allowance (the amount you can pay in without being taxed on the profits) is £20,000 for this tax year (2021/22). The earlier in […]

> Read More

Keeping business exits on course

Exiting a business can be a challenging experience for business owners, even at the best of times. While COVID-19 has changed many things in our lives, all the measures of a business valuation remain the same. If you’re looking to sell, remember it’s how you react to crises that is important to buyers. Exiting a […]

> Read More

Long-term care: what are the options?

At a glance The first step is to understand your or your loved one’s care requirements – and a care needs assessment by social services can help with this. Care can then be either in the home (usually costing upwards of £10,000 a year) or in a care home (usually costing more than £30,000 a […]

> Read More
Load More

GET IN TOUCH

Book a Meeting

Please call 01670 505333 or send us a message using the form and our team will be very pleased to help you.

TMP Wealth Management together with St. James’s Place Wealth Management plc are the data controllers of any personal data you provide to us. For further information on our uses of your personal data, please see the our Privacy Policy or the St. James’s Place Privacy Policy.