The Bottom Line

By Morgan Williams & Co.

How to pass on assets to vulnerable family members

When creating an estate plan, there might be people you want to pass wealth to but they’re not in a position to manage their finances. Using a trust could provide a way to leave a vulnerable loved one assets and feel confident they’ll be effectively managed. Trusts aren’t used as commonly as other ways to...
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Fiscal drag: How threshold and allowance freezes affect you

Despite intense speculation that the Labour government would slash tax allowances and exemptions, many are set to remain the same in the 2025/26 tax year. While that might seem like something to celebrate, fiscal drag could mean your tax liability increases in real terms. To maintain allowances and exemptions in real terms, the government would...
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5 useful allowances and exemptions that will reset at the end of the tax year

Using allowances and exemptions could reduce your overall tax bill and help you get more out of your money. On 5 April 2025, the current tax year will end, and many tax-efficient allowances and exemptions will reset. So, here are five that you may want to consider using before the 2025/26 tax year starts. 1....
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Plans changed? Updating your financial plan could offer reassurance

Even the best-laid financial plan might need to change at times. If you find yourself in that position, you might benefit from reassurance that you can still reach your goals and will be financially secure. There’s a whole host of reasons why you might want to adjust your financial plan. In some cases, it might...
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Investment market update: December 2024

Political instability in Europe and further afield affected investment markets in December. Read on to find out what other factors may have influenced your investment returns at the end of 2024. Remember to focus on your long-term goals when assessing the performance of your investments. The value of your assets rising and falling is part...
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Guide: 5 key financial planning steps to consider during a divorce

Going through a divorce can be incredibly emotionally challenging, but it may also represent the beginning of a new phase of your life. When starting a new chapter, it’s important to consider your financial plan, review your goals, and prepare for any challenges you might face in the future. This could be especially true during...
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7 incredible events you can look forward to in 2025

As 2025 approaches, you might be looking for ways to fill your calendar with fun experiences for you and your friends or family. Luckily, there’s an exciting array of events happening across the UK next year. From popular sporting events like the British Grand Prix to the anniversary events for iconic locations such as The...
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Investment market update: November 2024

On 5 November 2024, US citizens voted for their next president, and the election had a knock-on effect on investment markets and business prospects around the world. Republican Party nominee Donald Trump will serve a second term as president of the US. Trump has previously spoken about imposing harsh import tariffs, including a tariff of...
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Financial fears could be holding back millions of retirement dreams

Research suggests the fear of running out of money later in life could be holding back millions of retirees. While spending too much too soon is a risk for some retirees, it could also mean you miss out on the lifestyle or experiences you’ve been looking forward to. According to a report in MoneyAge, 30%...
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