Hannon Financial Planning Ltd

Back from a lovely family holiday in Vilamoura with this lot - sunshine, beach, waterpark, boat trip, as well as lovely food, drinks and what felt like 500 games of Uno / Wizard (highly recommend Wizard - great game for holiday if you want a change from Uno 😂).

Is saving for a holiday part of your financial goals aswell? Like everything, holidays have got more expensive. But really focusing and cutting down on the not so important purchases (overpriced takeaway coffee for example!) can really help you reach that goal 🥰.

Big shout out to Sharon for keeping things going whilst I was away - your turn now for a well deserved rest!

We are delighted to sponsor this lovely young lady in the DWC World Finals - she has danced her little socks off to get there! Good luck Sophia and the rest of the Centre Stage Performing Arts team 💃 🪩.



You may notice a knew look for the Hannon Financial Planning logo - more to follow after the summer holidays! 🥰

Should I top up my State Pension - a question I am often asked. If you are unsure whether or not you are entitled to full state pension you can check by visiting www.gov.uk/check-state-pension.

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension.

Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications: https://ow.ly/QYmz50SmmgV

What's the best thing about having a personal financial plan? It helps you feel more in control. You can look at the big picture, setting yourself up for the life you want to live - now, and in the future. https://ow.ly/bcRB50RH8wk

Thank you so much to the fabulous team at Strathcarron Hospice for organising yet another fantastic ladies lunch - a great way to spend a Sunday afternoon. Entertainment from 103.1 Central FM and Michelle McManus. And finally, one of the most inspirational speakers I have had the pleasure to meet, Laura McGowan, had us in both tears and laughter. You can follow her journey / story on Instagram .cancer.

£37,608 raised on the day - incredible! 🥰

Thinking about saving for your child's future? This is a really good read. But I’m still in shock at the average cost of raising a child from birth to 18 years old is £223K 😮.

Allocating money into different pots can really help create discipline and help you plan for the future. It also sends a positive message to your children about getting into good money habits early in life: https://ow.ly/vIx850RqV2m

Last week's market movements in 7 minuets...https://ow.ly/psNf50RlkNP

📈 A survey last year confirmed the chocolate digestive as the UK’s favourite biscuit. So, last week’s news that a fall in the price of chocolate biscuits had contributed to UK inflation hitting its lowest level in two-and-a-half years would have been welcomed by many.

Yet the March fall in inflation to an annual 3.2%, down from 3.4% in February, was less than expected.

“Where do you see yourself in ten years’ time?”

It used to be a favourite closing question in job interviews – and it could really put you on the spot. But imagining your career in ten years’ time can feel far easier than imagining yourself twenty or thirty years’ from now.

Asking ourselves those searching questions – how do I see my older self and what life am I leading? – could have a direct impact on how we save, and our long-term financial planning: https://ow.ly/NgIa50QZF18

Are you tax-ready for the new tax year? See what has changed and what hasn't to make the most of your allowances and exemptions: https://ow.ly/ubra50RgRVn 😊

And that’s a wrap for tax year end for Hannon Financial Planning - what a busy wee time but we made the deadline a week early!

Our office is now closed until Tuesday. Hope everyone has a lovely Easter weekend with family and friends 🐣

The journey towards financial wellbeing is unique for everyone. A trusted financial adviser is your ally at every stage, helping you navigate the twists and turns of life while building a secure financial future.

Get in touch to learn more: https://ow.ly/yFJ850QKBYL

Incase you haven’t noticed - it’s !

When I joined SJP in 2010 - there were alot of men in grey suits! I love the way it’s changed over the years with more women joining the industry.

It is also great to see more women planning their financial future and I’m lucky to help some lovely ladies achieve their goals.

So this weekend - I will be enjoying a glass or 2 of fizz with some lovely friends, supporting my daughter and her team mates play netball and playing in a netball match myself with some of my fellow Ferry Flyers ladies!

Have a great weekend everyone 🥰

Yesterday, Chancellor Jeremy Hunt announced his Spring Budget.

To the relief of many observers, the Chancellor unveiled a more optimistic fiscal landscape than anticipated, with lower inflation, more vigorous growth, and a forecasted decrease in debt relative to GDP.

So, what does the budget mean for you? https://ow.ly/68hX50QMNse

For many people in the UK, pensions and ISAs remain the most popular and tax-friendly ways to save.

So, as we’re now paying the highest amount of tax in 70 years according to the OECD1*, it’s more important than ever to make the most of the tax savings opportunities: https://ow.ly/ANfN50QLuaI

*Source: 1OECD Revenue Statistics 2023, accessed Feb 2024

Keep a handle on higher taxes with pension and ISA planning With the UK’s tax burden reaching its highest level since the 1950s, and the fastest-falling living standards in a generation, it’s more important than ever to combine your tax-efficient pension and ISA allowances.

Everything you need to know about tax in retirement ⬇️

Are you coming up to retirement and want to make sure you’re paying the right amount of tax? These are the key tax-traps to avoid – to stay on top of your taxes: https://ow.ly/tXSx50QI7V6

Everything you need to know about tax in retirement Coming up to retirement and want to make sure you’re paying the right amount of tax? These are the key tax-traps to avoid – to stay on top of your taxes.

Even the most level-headed investor can find themselves swept up in the inevitable ups and downs of markets.

Understanding our emotional responses to money can lead to better financial decision making: https://ow.ly/1h1J50QGEL4

How understanding your emotions can make you a better investor Why is money such an emotional topic? It can push our buttons like nothing else – we can feel elated by an upsurge in the markets, and panicked by a downturn. But emotions and rational decision making rarely go hand in hand. So recognising your own emotional response to investing will mean better ...

It’s . Here is our lovely Meg - a happy dog who is always on the hunt for food 😂🐶

As we approach the end of the Tax Year, it's crucial to start thinking about your tax planning for the forthcoming year-end. Whether you're a business owner or an individual, strategic tax planning can make a significant impact on your financial well-being.

Contact me today for advice and to help you to navigate the complexities of the tax landscape and set the stage for a financially successful year ahead!

Taxation rules can change at any time and are dependent on individual circumstances.



Hannon Financial Planning Ltd is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) The St. James's Place Partnership' and the titles `Partner' and `Partner Practice' are marketing terms used to describe St. James's Place representatives.
SJP Approved 16/11/2023 / 02/02/2024

"UK inflation moved sideways in January." Hetal Mehta, Head of Economic Research at St. James's Place shares her comments on the latest inflation figures announced yesterday as UK inflation remains unchanged at 4%.

Getting your head around all the jargon used in financial services can get in the way of feeling confident about your money. A full list of all the terminology used by the financial services industry would be pretty long – and it’s not necessary to know every single term in order to feel more in control. But it’s helpful to be familiar with some of the most widely used terms: https://ow.ly/4wte50QqQWB

What an incredible amount for such a great cause 🌟

We are delighted to announce that in 2023 the St. James’s Place Charitable Foundation has raised £9.5million, which brings the amount raised since the foundation was set up in 1992, to £130 million.

The Foundation supports small and medium sized charities across the UK and overseas working with disadvantaged children, hospices, mental health charities and cancer support charities. Thank you to our community who work tirelessly all year round to raise these funds, which are matched £1 for £1 by SJP.

It was so nice doing some voluntary work with Strathcarron Hospice and seeing all the amazing work they do. Such a lovely, friendly team 🥰

Volunteers are invaluable to your local Hospice. Without their help, expertise, kindness and generosity of time, we simply couldn't deliver all of our services.

Julie and Sharon from Hannon Financial Planning have been supporting our work for a number of years and this summer spent a full day volunteering with us.

Their Corporate Volunteering Day was two fold: in the morning they delivered a Pensions Training Session to some of our staff and volunteers - sharing their professional expertise and insight. Then in the afternoon, they spent some time with our Fundraising Team helping to source raffle prizes for our upcoming events.

This was incredible learning opportunity for our staff while also helping to raise the profile of Julie and Sharon's business. The benefits of volunteering are mutual. The pair were also brilliant at sourcing raffle prizes 😍 .

We're always keen to hear from people and businesses who would like to offer their time and expertise to help their local Hospice.

If your business offers a volunteering day independently or via online systems e.g. Neighbourly and you'd like to explore more about what you can do with Strathcarron, please get in touch with our Volunteer Service Co-ordinator, Eileen Ashford on Tel. No. 01324 826222 Ext 271 or e-mail [email protected].

We'd love to hear from you and have a chat!

Happy New Year! I hope you and your families had a great time over the festive period!

I don’t really follow the “new year, new me” mantra but it is nice to set some goals. One of mine is to be better on social media. Our last quarter was one of the busiest I’ve experienced so it definitely took a back seat.

You may have already set some resolutions / goals but starting the year right with some healthy money habits can be something to add.

January is the perfect time to kickstart better financial wellbeing for you and your loved ones. Here are our key resolutions to fuel your journey towards financial wellbeing: https://ow.ly/FbGa50QnOtK

Teaching children about money from an early age sets them up for a lifetime of financial confidence. 💪 Here are a few tips:

Start early: Introduce the concept of money and savings in a fun and age-appropriate way.
Allowance: Give them an allowance to manage, helping them learn budgeting and saving.
Money talks: Encourage open conversations about spending, saving, and wise financial choices.

Trick or treat 👻

UK inflation falls sharply to 6.8% as cost of living pressures ease. Julie 😊

UK inflation falls to 6.8% in July Rate of price increases drops to lowest since February last year

It's our first birthday! And what a quick year it has been. Thank you to all our clients, family and friends for their support 🥰. Julie

A good insight into mortgages from our friends at Dillon Mortgages 😊

At Dillon Mortgages we pride ourselves on our service standards, our many years of experience and our vast knowledge of the mortgage and protection world.🌎

We want to use this forum to share some of that knowledge with a wider community in the hope of helping others understand more about this market.💭

This blog will be kept up to date with many different topics about mortgages, protection, later life lending and more.💻

We hope that you find this content useful and we will always be on hand to answer any questions that you have after reading.👋🏼

Blog: www.dillonmortgages.wordpress.com

📞0808 275 9977
📧 [email protected]

Your 7-minute update on last week's market news: https://ow.ly/vXqw50PpGKQ

Stock Take 📈: Inflation fell to just 3% in June. This compared to 3.8% in May. It is now just 1% above the Federal Reserve's 2% target.

Wealth Check 💰: There are advantages and disadvantages to selling to Private Equity investors, so it's important to consider all considerations.

In The Picture 📸: Market Expectations for central bank policy rates %