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4 weeks ago | 
moneymarketing.co.uk | Neil MacLeod |Darius McQuaid
The term ‘golden years’ is commonly associated with the early years of retirement. For many, retirement must wait until they reach state pension age, which is currently 66 and set to rise, but this isn’t the case for everyone. For those who can afford to retire prior to state pension age the real ‘golden years’, from a financial planning perspective, are the years between stopping work and being in receipt of guaranteed pension income.
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Nov 26, 2024 | 
moneymarketing.co.uk | Neil MacLeod |Tom Browne |Ed Dymott
The introduction of pension freedoms provided a generous opportunity to use pension funds to pass wealth down through the generations tax efficiently. We all know that tax rules are subject to change and the announcements in the Autumn Budget last month regarding pensions and inheritance tax (IHT) have left many wondering what impact this will have on intergenerational planning.
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Sep 12, 2024 | 
professionaladviser.com | Neil MacLeod
IHT mitigation remains a driver for the creation of trustsNeil Macleod explores IHT, discretionary trusts and the relevant property regime in his latest article for Professional Adviser... Trusts can be used for a wide variety of purposes but inheritance tax (IHT) mitigation remains one the main reasons a trust is created.
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Jun 7, 2024 | 
moneymarketing.co.uk | Momodou Musa Touray |Robin Powell |Andy Bell |Neil MacLeod
Good morning and welcome to your Morning Briefing for Friday 7 June 2024. To get this in your inbox every morning click here. Is private equity worth it? Private markets are traditionally illiquid, harder to access and less transparent than public markets. But despite these characteristics, private equity as an asset class has experienced significant growth over the past 30 years, becoming a £8trn juggernaut.
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May 24, 2024 | 
moneymarketing.co.uk | Neil MacLeod |Emmelia Powell |Andy Curran
Loan trusts are one of the most flexible trusts when it comes to inheritance tax (IHT) planning. The settlor can retain access to their capital while allowing investment growth to build up outside their estate for intended beneficiaries. Loan trusts can be useful for those reluctant to make significant gifts of capital, but also for large estates looking to cap or slow down the rate at which their estate value is increasing.
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Dec 19, 2023 | 
roystontownfc.co.uk | Neil MacLeod
Royston Town FC can today confirm the departure of joint manager Steve Castle after ten years in charge. Steve arrived at Garden Walk in December 2013, with the club in the Southern League Division One Central. He immediately set about instilling a winning mentality, ultimately guiding the Crows to promotion and a place in the Southern League Premier Division. The club would like to express our sincere gratitude to Steve for his dedication and hard work as manager for the past ten seasons.
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Sep 28, 2023 | 
mssociety.org.uk | Neil MacLeod
In a previous blog, Neil MacLeod, from Invergordon in the Scottish Highlands, talked about how riding his bike helps with the pain caused by his MS. Here, he talks about how cycling also benefits his mental health. Several years ago, I was seeing a psychiatrist because I was feeling so low. Just down, down, down. Nothing was going right for me, and my MS was really affecting me badly. Then I got into cycling. It’s 100% improved my mental health. Every morning I’ll go for a cycle.
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Sep 18, 2023 | 
citywire.com | Jack Gilbert |Zachariah Sharif |Neil MacLeod |Charles Walmsley
Tax 08 Sep, 2023 By Jack Gilbert, Zachariah Sharif SJP firm’s school fees tax strategy falls foul of HMRC – experts Tax 29 Aug, 2023 By Jack Gilbert Shadow chancellor Rachel Reeves said she would not target expensive properties or assets through a wealth levy. Tax 14 Aug, 2023 By Neil MacLeod This week’s tax poser from Neil MacLeod sees a client wondering if there’s any benefit to putting his £200,000 inheritance into a new bond.
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Aug 14, 2023 | 
citywire.com | Jack Gilbert |Neil MacLeod |Zachariah Sharif
Andrew has recently inherited £200,000 and is looking for investment advice. He is aged 75 and retired. He divorced a number of years ago and has two sons in their late 40s. He receives income of approximately £45,000 p.a which comes mainly from his drawdown pension and state pension but he also receives dividend income from an OEIC portfolio which means he is on the cusp of being a higher rate taxpayer.
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Aug 4, 2023 | 
moneymarketing.co.uk | Neil MacLeod |Andrew Tully |Andy Bell
The introduction of the trust register has led to additional administration for trustees. From 1 September 2022, all UK express trusts have had to register (unless exempt) and “relevant persons” such as product providers and advisers have also had to check proof of registration before entering into a new business relationship with the trustees.
