AC Wealth

Christmas is almost upon us again and it’s time to gather together with family and loved ones, but it could also be a time for financial reflection says Jen Paice. Read more in our latest article featured in The Herald Scotland https://lnkd.in/en3ih33d #finances #christmas

In a recent article with The Scotsman, Niall Duffy contributed his thoughts around the latest changes in the Autumn Budget. https://lnkd.in/eA472xZt #budget

As the dust starts to settle on what must have been one of the most speculated-about UK Budgets of recent times, Chartered Financial Planner Ross Leckridge and Corporate Benefits Director Peter Mutch give their initial thoughts on what the changes could mean for clients. Ross said: “There’s a lot to digest in this Budget and it was certainly a relief to see that the Government didn’t remove or reduce tax-free cash on pensions, as had been rumoured. We’re still to see the full details of what’s been announced, however there are three main things which will have an impact on people with investments and savings: bringing pensions into IHT, the increase to Capital Gains Tax [CGT] rates and the limits and reductions to Business Relief, Agricultural Property Relief and Alternative Investment Market shares. While the increase to CGT rates is lower than had been expected, bringing pensions into IHT as of April 2027 is a significant shake-up to people’s financial plans, especially given the fact that over the past few years the trend has been to spend all non-pension assets first before drawing down from your pension fund. “We would expect to see an upsurge in people looking for advice in this area over the next couple of years. Retirement and financial plans made over recent months and years may need to be re-drawn. Those already in retirement and drawing down from their other assets will be especially keen to seek advice on if and how to adjust their strategy to take account of these changes.” Turning to the impact on employers, Peter added:   “The announcement in today’s Autumn Statement that employer NI will increase by 1.2% to 15% from April 2025, makes an extremely strong case for using salary sacrifice for pension funding. Salary sacrifice schemes have always been attractive for many employers and employees but there's now no logical reason why any employer wouldn't want to use this as a way to reduce the NI paid to the government.” #UKBudget #financialplanning #corporatebenefits

Financial Adviser Janice Dallas, based in our Glasgow office, featured in the Daily Mail's This Is Money channel, responding to a reader's question about #lifetimeISAs 👇 https://lnkd.in/eehhp9FG

With a week to go before the new government's first Budget, Chartered Financial Planner Ross Leckridge takes a look at the options facing the Chancellor in an article for the Daily Business. https://lnkd.in/g7Fakb8z #autumnstatement #UKbudget #financialplanning

Jen Paice and her fellow panellists at #HomeGame4 are exploring the complexities and challenges of competing technologies for the financial planning industry, including AI. #fintech #financialplanning the lang cat FNZ Group WealthSpace ZeroKey Inc.

Chartered Financial Planner Ross Leckridge and TOWIE star Gemma Collins both agree that it's vital not to neglect your pension 👇 https://lnkd.in/eY6BK88D #pensions #financialplanning

Getting to grips with your pension in your 20s and 30s will pay dividends when the time finally comes to hang up your office pass. Our Chartered Financial Planner Ross Leckridge explores the issues faced by younger workers struggling to put money aside for their retirement. https://lnkd.in/eP5gnJGq #pensions #financialplanning

Exploring remortgage options for self-employed business owners - our Head of Mortgage Operations Darren Polson writes in what MORTGAGE 👇

Mapping out scenarios with an experienced financial planner can help parents safeguard their longer term financial goals amid rising school fees, writes Jen Paice in The Herald Scotland: https://lnkd.in/eT-i8x7K #schoolfees #financialplanning