Following the announcement by Boris Johnson on 7th September, we have outlined below points for consideration: Social Care Plan A new social care tax is set to be introduced across the UK to fund reforms to the care sector and NHS off the back of the Coronavirus. The intention is to implement a 1.25 percentage …

We are very pleased to announce that both James and Adam have passed their latest exams and have now completed the Advanced Diploma in Financial Planning meaning they are now Chartered Financial Planners! The Advanced Diploma exceeds the minimum qualification level required by authorised advisers, building on core knowledge to develop specialist capabilities in order …

Huge congratulations to our very own Paraplanner James Hunt who has stepped up to be a Financial Planner. James started his career in Financial Services in 2015 when he left University with a degree in International Finance and Banking. After a stint as a paraplanner at another firm, James joined the Eldon Team in May …

As retirees will be aware, their State Pension increases each year. The increase is determined by the ‘Triple Lock’ which means it will increase by the higher of: Consumer Price Index (CPI) – measured in September Average Wage Increase – measured in July 2.5% This means as a minimum, the State Pension should increase by …

Last week the Financial Conduct Authority (FCA), our regulator, announced that it has fined LBGI, the insurance division of Lloyds Banking Group, £90.7 million for failure to ensure that their home insurance renewal communications were clear, fair and not misleading. Between 2009 and 2017, LBGI (made up of Lloyds Bank General Insurance Limited, St Andrew’s …

Cryptocurrency is a digital or virtual currency. Some of you may recognise the product ‘BitCoin’ as this is one of the most popular cryptocurrencies on the market. There are several other cryptocurrencies available. Investment in cryptocurrencies is extremely high risk. Our regulators, the Financial Conduct Authority (FCA), have recently ruled the product as unsuitable for …

HMRC has provided a welcome update in relation to life policies and the requirement to register on the Trust Registration Service (TRS). Placing life policies into trust can be beneficial in estate and inheritance planning and can also ensure faster distribution of funds to beneficiaries following death. Trusts of life policies are, subject to certain …

The Office for Tax Simplification (OTS) has published a document setting out the scope for a review into amending the end of the tax year date, which is 5th April at present. The 31st March is being considered for the proposed new date, which is both the end of a calendar quarter and the nearest …

As of 19th May, the Government has announced plans to reform the farming policy within England, due to take place between now and 2027. The focus of such reform appears, as things stand, to balance the retiring of an older generation of farmers with the welcoming of the upcoming generation and, with it, an ideal …

The biophilia hypothesis is the belief that humans are genetically predisposed to be attracted to nature. It states that all humans inherently love the natural world. This idea that we are drawn to, and indeed need, nature was first put forward by a man named Edward O. Wilson in his book “Biophilia” published in 1984. It’s ostensibly a lasting …