What is my State Pension worth?
Confusingly, there is no single answer to this question, but the first consideration is which type of State Pension you qualify for. For younger people, broadly under the age of 50-60 a full State Pension can be built up by paying national insurance, or receiving similar credits (for example through unemployment, or being a parent […]
Best Retirement Adviser and Best Financial Adviser (2018)
Wingate Financial Planning, one of Surrey’s leading firms of Chartered Financial Planners, is delighted to announce we have been shortlisted as one of Money Marketing’s candidates for “Best Retirement Adviser (2018)” and also “Best Financial Adviser (2018)” The next stage in the process is an in depth interview which was completed this month in front […]
Pension planning for partnerships: three main considerations
We have written on these pages before about the tax efficiency of pensions. Pensions make particularly good planning sense for partners of professional services firms, for example, lawyers, accountants, architects and surveyors. That being said, the rules are extremely complicated and are exacerbated by the three factors below, which will vary depending on individual circumstance […]
Who in my family can benefit from my pension if I die?
Will my family be able to take full advantage of the new “Pension Freedoms” ? From my time working for a large pension provider in the UK, in the majority of cases, the answer is no. Since April 2015, following changes to the regulations, pension death benefits have become so much more flexible. One of […]
Life insurance: is it a worthwhile cost?
Life insurance is a way of providing for your family’s financial future upon your death. This all sounds very positive, and something surely everyone with a family would want to do, but how many people actually have life insurance in place? And importantly how many people have the correct level of cover? The Association of […]
Time to catch-up with your pension planning?
For those that have earnings to support it there are now exactly two months left to make use of the current highest annual pension allowance year 2014/15. The annual allowance has been over the last three years as follows: 2014/15 : £40,000 2015/16 : £40,000, though could be more for many people due to transitional […]
The new tax free allowances aren’t quite as they seem and the importance of pension contributions
As the new tax year is fast approaching attention is turning towards the increase in allowances that will be introduced, however, all is not as it seems. Despite the ‘positive’ news some individuals could actually be worse off. The Personal Allowance (which is the amount you earn before starting to pay tax) is increasing from […]
Wingate recognised as ‘Gold’ Investor in People
Wingate Benefit Solutions and Wingate Financial Planning, an employee benefit consultancy and Chartered Financial Planners, have once again been awarded gold accreditation against the Investors in People Standard, demonstrating a continued commitment to high performance through good people management. Investors in People is the international standard for people management, defining what it takes to lead, […]
Double award nomination for Wingate Financial Planning
We’re delighted to hear we are nominated for two awards at the Professional Adviser 2018 awards, presented in February next year. Mohamad Alrayees, head of our Paraplanning and Technical Support team, is up for “Paraplanner of the Year”, and Wingate Financial Planning, Chartered Financial Planners, are nominated for Adviser Firm of the Year – South East […]
Procrastination is the thief of time
I don’t need to save towards my financial future now, there’s plenty of time to do that later! If I use a pension to boost my savings, allowances are very generous and I’ll catch up through funding a plan more heavily when I get around to it. Planning and saving is always something that can […]
