Steve Taylor - Financial Adviser - PFP Wealth Group Ltd

Another fabulous 3 days at the Southport Flower Show. Lovely to catch up with existing clients and speak to lots of new people about their financial planning needs.
We saw the full array of weather, but nothing dampened people’s enjoyment.

Another great 2 days at . Lovely to catch up with some of our wonderful existing clients and spoke to lots of people that we may be able to help in the future with their pensions, investments and IHT.
Sun shone brightly on day 2 so currently nursing a red forehead (despite the factor 30!). Big thanks to Harlan Bunney for his support over the 2 days.

Useful calculator to give you an insight into your retirement.

Retirement planning calculator | PFP Wealth Group Ltd Knowing how much you need to save to fund the lifestyle you want when you retire is key. That’s where our handy retirement planning calculator comes in.It’ll help you figure out if you’re putting e...

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://www.pfpwealth.co.uk/article/detail/sjpp/navigating-the-spring-budget-opportunities-for-tax-efficiency-and-financial-planning.html

📢 Join experts from our Technical Connection Division, as they share an insightful update, following the Chancellor’s Spring Budget 💼.

📅 Thursday 7 March 2024
💡 Tax and Financial Planning Essentials Following the Spring Budget 2024
⏰ Time: 12:30 – 13:30
📍 Location: Zoom Webinar

Providing updates on the latest changes to our tax landscape and exploring some of the key announcements from the Spring Budget. Discover how to access available allowances, exemptions, and reliefs helping you to invest tax efficiently. 📈

It’s time to take charge and achieve your financial goals! 💰

Register Here: https://sjp-co-uk.zoom.us/webinar/register/5617065314536/WN_VJJbZG7nSQKC6GzcWTTMWA

The value of your investment can go down as well as up. You could get back less than you invested.

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



PFP Wealth Group 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 31/01/2024

📣 Heads up! Changes are on the horizon for Capital Gains Tax.

From 6 April, the allowance is set to reduce to £3000, potentially impacting your tax liability on property or valuable assets sold post this date. ⚖️

If you're contemplating the sale of an asset or property, now might be the time to act and leverage the current tax-free allowance. 🏡💰

Let's navigate this adjustment together to ensure you make the most of your financial decisions. Time is ticking! ⏰. Contact me today!

https://www.pfpwealth.co.uk/article/detail/sjpp/getting-on-top-of-capital-gains-tax.html

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



PFP Wealth Group 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

The S&P 500, a US stock index, broke the 5,000 mark for the first time on Thursday last week. Find out more: https://www.pfpwealth.co.uk/article/detail/sjpp/weekwatch-12-02-2024.html

Last week saw a familiar pattern for those that have been following markets over the last year. Interest rates remained high, and large technology companies increased in value. https://www.pfpwealth.co.uk/article/detail/sjpp/weekwatch-05-02-2024.html

If you’re earning between £100,000 and £125,140, the tapering of the personal allowance means you could end up paying 60% tax.

Find out how you can beat the tax trap: https://lnkd.in/eyjkqw9H

Inheritance Tax (IHT) can be tricky to understand, but its impact can mean a reduction in the amount of money that ends up in the pockets of your loved ones.

Here are 10 ways you can reduce Inheritance Tax.

Are you Self-Employed? Are you currently saving for Retirement?

In the UK, there are around 4.5 million self-employed people, accounting for 15% of the UK workforce. Yet just 31% of self-employed people are saving into a pension. Is this you?

Things to consider:

What happens when I get to pension age?

What does my retirement look like?

What are the tax advantages of contributing to a pension?

Source: https://www.ipse.co.uk/policy/research/the-self-employed-landscape/how-to-solve-the-self-employed-pensions-crisis.html

After the risk-off mood in October, world markets have staged a strong recovery so far this month, as investors increased their bets that the major central banks have ended their lengthy run of interest rate hikes.

Last week was packed with events that could have put a big dent in investors’ confidence. As it turned out, they cheered the news. https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-20-11-2023.html

Inflation refers to the increase in the price of goods and services over time. It means that your money may be able to buy less in the future than it can today. Inflation can also have an impact on the real value of your cash savings over the long term. In fact, if inflation continues at a rate of 4% over the course of two decades, the purchasing power of your savings could decrease by more than 50%.

If you plan on saving over the long term, which typically means for five years or more, then choosing to invest could be the best way to shield your money from the damaging effects of inflation whilst also securing your future financial wellbeing. However, it’s important to note that investing also comes with risk. You can speak to an adviser to discuss an investment strategy that matches your risk appetite and investment objectives. The key to beating inflation is by investing in assets which produce a higher rate of return than inflation.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select, and the value can therefore go down as well as up. You may get back less than you invested.

UK equities ended last week on a down note, after figures revealed the UK economy was flat in the third quarter. https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-13-11-2023.html

What are my options in retirement?

There’s more choice and flexibility than ever before when it comes to accessing your retirement savings. You’re more in control, but deciding which option is best for you can be overwhelming.

https://pfpwealth.co.uk/article/detail/sjpp/your_options_for_accessing_your_pension.html

📢 Join esteemed experts from our Technical Connection Division, as they share an insightful update, following the Chancellor’s Autumn Statement 💼.

📅 Save the Date: Thursday 23 November 2023
💡 Tax and Financial Planning Essentials Following the Autumn Statement 2023
⏰ Time: 12:30 – 13:30
📍 Location: Zoom Webinar

https://sjp-co-uk.zoom.us/webinar/register/8316789854259/WN_TkNnbySATWGmWPXeb2ESaw

Providing updates on the latest changes to our tax context and how to access available allowances, exemptions, and reliefs. This session will guide you through the maze of tax-efficient growth strategies, wealth preservation techniques, and the art of passing on your wealth to future generations 📈

It’s time to take charge and achieve your financial goals! 💰

The value of your investment can go down as well as up. You could get back less than you invested.

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



PFP Wealth Group 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 04/10/2023

Global equity markets, particularly those containing small and medium sized companies, rallied strongly last week as optimism that central banks had reached the end of their tightening cycle, gathered momentum.

The question is, what comes next? https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-06-11-2023.html

You may think that we can’t do anything to help, but it’s during the hard times that the value of financial advice really shines through.

Here, we explain the ways that seeking advice can help you not just to survive, but thrive during economic storms.

Read more: https://pfpwealth.co.uk/article/detail/sjpp/keeping-financial-control-during-the-cost-of-living-crisis.html

When you’re considering your future and what to do with your money, it’s important to make sure you will have enough funds to cover your expenses and maintain a comfortable lifestyle after you stop working.

https://pfpwealth.co.uk/article/detail/sjpp/how-late-is-too-late-to-start-saving-for-retirement.html

Last week, global markets faced persistent challenges as ongoing inflationary and political developments continued to cause issues for investors.

Find out more on our WeekWatch: https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-23-10-2023.html

Often during meetings people can struggle to understand how much they might need to enjoy their retirement. Here's 3 simple pictures that should help you understand what a retirement might cost.

The food inflation story took a new turn last week when it was revealed that Burger King faces a lawsuit in the US over allegations that its Whopper burger looks bigger on the menu than it is in reality.

Back in the real world, markets continued to look for signs that the Federal Reserve was winning its battle against inflation. Wall Street edged up over the week as disappointing economic data raised hopes that the Fed would leave interest rates unchanged at its monetary policy meeting later this month. Not for the first time this year, bad news was good news.

Your 7-minute update on last week's market news: https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-04092023.html

Some good company results last week helped US equities before all eyes fell on Jackson Hole, Wyoming.

As well as being a popular skiing destination, Jackson Hole is becoming well known for its Economic Symposium. Leading figures from central banks, and decision-makers across the globe, come to this annual event to discuss issues relating to a particular topic, this year’s being ‘Structural Shifts in the Global Economy’.

Your 7-minute update on last week's market news: https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-29-08-2023.html

Simply put, inflation refers to the increase in the price of goods and services over time and it means that your money may be able to buy less in the future than it can today. When it comes to combating inflation, relying solely on high street banks may not be the most effective strategy: https://pfpwealth.co.uk/article/detail/sjpp/investing-to-beat-inflation.html

Our ambition is to become a leading responsible business, and to leverage our size and scale as a force for good. We're prioritising four key areas for positive action: investing responsibly, supporting our communities, helping to create financial wellbeing and tackling climate change: https://pfpwealth.co.uk/article/detail/sjpp/what-it-means-to-be-a-responsible-business.html

After more than a year of inflation dominating market performance in Western markets, the past week saw the emergence of deflation, raising its unwelcome head. https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-21-08-2023.html

Set up and ready at the Southport flower show. Weather lovely today ☀️. Pop in and say hello if you are at the show.

Jaded by the cost-of-living crisis being the only news these days? Me too. But it's important to know our money is worth less than it used to be. That's why it's time we all got our spending in order.

There was better news for investors in the US, where Government statistics showed inflation in July was 3.2%.

Find out more on our WeekWatch: https://pfpwealth.co.uk/article/detail/sjpp/weekwatch-14-08-2023.html