Smart Money Newsletter

Welcome to the May/June 2024 edition of the Smart Money Newsletter.

As we embark on the new tax year, we consider why reviewing your pension savings strategy presents and opportune moment, setting a solid foundation, for future financial stability. Early attention to your private pension at the onset of the fiscal year is not just about cultivating beneficial saving habits; it’s also about ensuring you take advantage of the benefits and allowances available to you.

Other topics in this issue include:

• Navigating inheritance tax
• Changes to individual savings accounts in 2024
• Costs of later-life care
• New pension tax framework