Smart Money Newsletter

Welcome to the September/October 2023 edition of the Smart Money Newsletter.

In this issue, we focus on investment bonds and explain how they offer several benefits that some investors may be missing out on since recent changes to tax regulations. We also look at why Inheritance Tax can be emotionally challenging for individuals and families, often requiring the sale of cherished family assets to settle the tax bill. That’s why starting estate planning early and implementing it in stages is advisable.

Other topics in this issue include:

• Why it’s crucial to carefully consider the financial aspects of divorce to ensure that you can sustain the lifestyle you desire post-separation
• Why you now have more flexibility in accessing your pension funds, allowing you to take as much or as little as you want
• How wealth planning involves comprehensively evaluating your current and future financial state regularly to formulate and evolve a plan to help meet your financial goals