By Rachel Efetha, Chartered Financial Planner with Anstee & Co. There are predictions that unfortunately, redundancies will increase over the coming months as businesses need to cut costs or fail. People deal with redundancy in different ways. You will normally be entitled to statutory redundancy pay if you have worked for your employer for [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. I have £15,000, should I invest in a Pension or an ISA? If you don't have other needs for this money such as paying off a debt and if you can afford to 'tie' the money up until you reach the age of 57 [...]
By Rachel Efetha, Chartered Financial Planner. Recently, I visited two sets of completely unrelated new clients who are both in very similar positions. Both the husbands are tradesmen and both the wives run the office for them under a limited company. Both got in touch as their businesses were ticking along nicely and they felt [...]
By Rachel Efetha. Chartered Financial Planner. Chancellor Rachel Reeves has signalled a clear ambition to drive investment into the UK economy—and ISAs may soon be part of that plan. While no formal changes have been announced, a consultation is expected, and possible reforms are already being discussed. So, what could this mean for you? [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. Multi-Asset, Managed Portfolio, Discretionary – what do all these investment fund options mean? Imagine you would like a new suit. What options have you got? You can pop into John Lewis and buy one off the hanger. It will be a genuinely nice suit [...]
By Rachel Efetha, Chartered Financial Planner. Pensions are much like cars when you think about it. You get a brand-new shiny car, the interior has that new car smell, there’s not a scratch on the paintwork and you make sure you park as far away as you can at the supermarket, so no one [...]
By Rachel Efetha, Chartered Financial Planner. For parents earning between £100,000 and £125,140, the financial impact of crossing key thresholds can be significant. Beyond the 60% effective tax rate caused by the gradual loss of the personal allowance, parents of young children may face additional challenges. The government’s expanded childcare schemes, set to take [...]
By Rachel Efetha, Chartered Financial Planner. 🎵 To the tune of "Good King Wenceslas" 🎵 * Verse 1: Start investing wisely now, Build your wealth securely, Pensions, ISAs, stocks, and bonds, Plan your path maturely. Time and patience work their charm, Let compounding guide you, Growth will come with steady calm, Peace [...]
By Rachel Efetha, Chartered Financial Planner. What are Enterprise Investment Schemes? The Enterprise Investment Scheme (EIS) is a UK government initiative designed to encourage investment in small, early-stage companies by offering tax benefits to investors. Here’s a simple explanation of its key benefits: Income Tax Relief: If you invest in an EIS-qualifying company, you [...]
By Rachel Efetha, Chartered Financial Planner. What are Venture Capital Trusts A Venture Capital Trust (VCT) is a type of investment fund in the UK that invests in small, growing businesses. The UK government encourages people to invest in VCTs by offering attractive tax benefits, as these funds provide crucial support to early-stage companies. [...]
