Ellis Bates Financial Advisers
Our financial advice hub is here to keep you up to date with investment market insights and financial planning top tips
Pension Allowance The maximum amount of contributions on which a member can claim tax relief in any tax year is greater of: the ‘basic amount’ – currently £3600 gross, and…
If you are a high-income earner or wealthy individual, you could be putting too much into your lifetime pension and risk exceeding the pension lifetime allowance. Find Your Local Adviser
How to stay within the limit to avoid a tax charge. If you’ve been diligently saving into a pension throughout your working life, you should be entitled to feel confident…
Attitudes of over 50s towards their pensions 26% – Stated that they only started paying into their pension after they turned 30 years old 49% – Regret not saving into…
Cash flow modelling allows us to bring your financial future to life together. We can help to: Plan and analyse your financial goals Project them forwards over time See how…
Nearly a half of over-50s regret not saving into their pension earlier The days of working for a single employer for your entire career and retiring with a comfortable pension…
Overall Limit ISA 2021/22* £20,000 ISA 2022/23* £20,000 Junior ISA/Child Trust Fund 2021/22 £9,000 Junior ISA/Child Trust Fund 2022/23 £9,000 *Eligible savers can contribute up to £4,000 of the overall…
Minimise the amount of tax you pay on your hard-earned money From July 2014, Individual Savings Accounts can now be used to hold stocks and shares or cash, or any…
The main measures enabling people to retire early or think about retiring early 32% – Having a defined benefit (Final Salary) Pension 29% – Saving little and often 16% –…
There is no fixed path to retirement or finite end point. Everyone has a different journey through life, with their own experiences along the way, and there is no need…
Sixty the most popular age to retire early There are many factors that can influence when someone decides to retire. For some, it may be based on health reasons, while…
Your estate is comprised of everything you own but one thing is for certain – you cannot take it with you when you die. When the inevitable happens, you may…