Blog - Page 6 of 16 - Solutions Wealth Management
Independent Financial Advisers
5 ways financial planning could help you emotionally prepare for retirement
While financial challenges often come up when those nearing retirement are asked about their concerns, emotional obstacles could be just as important. A financial plan might include looking at areas like your pensions and investments, but it could help you emotionally prepare for retirement as well. Here are five ways a financial plan could improve […]
State Pension: Everything you need to know in 2025/26
For many pensioners, the State Pension provides a foundation to build their retirement income. Whether you’re already claiming the State Pension or it’s still some years away, here’s what you need to know in 2025/26. In the 2025/26 tax year, you can claim the State Pension from the age of 66. However, the age will […]
How to stop following the investment crowd and stick to your strategy
We’re only weeks into 2025, and it’s already been one filled with market volatility and uncertainty. At times like this, being part of a crowd might feel comforting, but following the investment decisions of others could lead to choices that aren’t right for you. Political and economic uncertainty means investors may already have experienced the […]
Behavioural finance: The effect emotions could have on your financial decisions
While you might intend to make your financial decisions based on facts, emotions creeping in from time to time is normal. Recognising when emotions might be influencing your judgement could mean you’re better able to evaluate what’s right for you. Last month, you read about how past experiences could affect your decisions. Now, read on […]
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 […]
3 important variables that could affect your sustainable pension withdrawal rate
Retirement is an exciting milestone, with more free time to dedicate to the things you enjoy. Yet, it can also be a daunting time, especially when it comes to managing your finances. Flexi-access drawdown is a popular way to access your pension savings as it provides flexibility and means you’re in control of your income. […]
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 […]
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. […]
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 […]
Behavioural finance: How established habits and experiences could affect your decisions
When you’re making financial decisions, it can be difficult to look at your options objectively. Indeed, factors like your past experiences and emotions may influence the conclusions you draw. Behavioural finance seeks to understand how people make financial decisions and what factors influence them. Understanding some aspects of this area of study could help you […]