Happy New Year to you all from The Wright Financial Company!

The Wright Financial Company would like to wish you all a very Happy New Year.

In February of this year, I wrote to you to give my take on what was happening in the markets around the world. I am writing to you again today to tell you that I am still firmly standing by my statements I made at that time. I want to update you and hopefully promote calm and patience amongst all of my clients.

Several hundred doctors could collectively save £11m if they apply for lifetime allowance protection. A Freedom of Information request submitted by Quilter found 413 members of the NHS Pension Scheme who have retired and paid lifetime allowance tax charges could have benefited if they applied for protections.

Did you know that you could avoid inheritance tax and maximise the pay-out for your loved ones by writing your life insurance in trust?  When taking out life insurance, you’ll want to set it up in such a way that the beneficiaries of your policy do not have to pay tax and that the policy pays out quickly without having to go through probate. Putting your policy into trust is a great way to do this. New policies can be put into trust at onset and existing Life policies can be put into trust at any time during the term of the policy.

A belated happy new year to all of my clients.

Receiving professional financial advice between 2001 and 2006 resulted in a total boost to wealth (in pensions and financial assets) of £47,706 in 2014/16 • The benefits of financial advice are potentially greater for those we term “just getting by” than for those we consider “affluent” • Fostering an ongoing relationship with a financial advisor leads to better financial outcomes