On page 03, we explain how your employees could use their allowances to help maximise their wealth by utilising tax-efficient strategies and minimising liabilities. With the end of the tax year fast approaching, this could be your employee’s opportunity to review their annual allowances and assess how best to make the most of them. With some significant changes to tax allowances in the 2024/25 tax year, and further reductions expected in the future, planning ahead could be key.
On page 10, we look at why the beginning of 2025 offers the opportunity for your employees to take stock of their financial health, which could help them set the tone for a prosperous and secure year ahead.
On page 11, we examine how regular financial planning could assist your employees in achieving their retirement goals. While life can present uncertainties, such as health challenges that may be beyond their control, there are steps they could take to help strengthen their financial resilience and prepare for the unexpected.
As an employer, ongoing financial education can be beneficial, if you’d like to learn more about how you can support your employees with their financial wellbeing, we can help.
Email info@second-sight.com or call us on 0330 332 7143.
Secondsight is a trading name of Foster Denovo Limited, which is authorised and regulated by the Financial Conduct Authority.
A pension is a long-term investment not normally accessible until age 55 (57 from April 2028 unless the plan has a protected pension age).
The value of your investments (and any income from them) can go down as well as up, which would have an impact on the level of pension benefits available.
Your pension income could also be affected by the interest rates at the time you take your benefits.
The Financial Conduct Authority doesn’t regulate trust planning and most forms of inheritance tax (IHT) planning.
The financial conduct authority does not regulate tax and trust advice and will writing.
Some IHT planning solutions put your money at risk, and you may get back less than you invested. IHT thresholds depend on individual circumstances and the law. tax and IHT rules may change in the future.
The tax treatment is dependent on individual circumstances and may be subject to change in future.
