WB Wealth Ltd

27/04/2023

St. James’s Place plc (‘SJP’) today issues an update on new business inflows and funds under management for the three months ended 31 March 2023: https://lnkd.in/dRGaw3ye

St. James’s Place plc (‘SJP’) today issues an update on new business inflows and funds under management for the three months ended 31 March 2023:…

24/04/2023

Despite economic uncertainty, pension funds saw relatively strong growth in 2021. The world’s 100 biggest pension funds are worth over $17 trillion in total, an increase of 8.5% over the previous year.

This graphic uses data from the Thinking Ahead Institute to rank the world’s biggest pension funds, and where they are located.

Source: https://www.visualcapitalist.com/worlds-100-biggest-pension-funds/

The world’s 100 largest pension funds are worth over $17 trillion in total. Which ones are the biggest, and where are they located?

20/04/2023

Is an offset mortgage right for you? Find out how offset mortgages work, who they’re best for, and the financial benefits they can offer.

Offset mortgages can seem confusing but those who take them out can potentially benefit from great savings.

Having an offset mortgage can provide flexible benefits when it comes to interest.

Taking advice about whether an offset mortgage is right for you can give you the confidence to know whether you're making the right decision.

Seek expert advice from an adviser who can discuss how offset mortgages work and decide the best option for you.

The home on which the mortgage is secured may be repossessed if repayments are not kept up to date on the mortgage.

The levels and bases of taxation, and reliefs from taxation, can change at any time and are dependent on individual circumstances.

Read more: https://www.sjp.co.uk/news/what-are-offset-mortgages

Is an offset mortgage right for you? Find out how offset mortgages work, who they’re best for, and the financial benefits they can offer.

12/04/2023

If you or a loved one need long-term care in later life, how will this be paid for? Will you have to sell your house? What help is out there?

It’s never too early to think about how long you will pay for long-term care in later life, either for you or a loved one.

Long-term care can be costly to fund but you may not have to put your house on the market to pay for it.

Careful planning and advice allows you to explore options that could mean you avoid selling your house to pay for care.

Read more: https://www.sjp.co.uk/news/do-you-have-to-sell-your-home-to-pay-for-care

11/04/2023

Even with recent volatility and inflation, long-term investments can help protect and even grow wealth over the long-term.

Please be aware past performance is not indicative of future performance. Please note it is not possible to invest directly into the Indices shown and the figures do not take into account any charges applicable to the appropriate investment wrapper or any relevant tax charges.

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.

04/04/2023

Use our online calculators to help you assess your current or future financial position.

By entering some simple details, you can quickly see where you might benefit from talking to a financial adviser about your plans. They’re quick and easy to use: https://wbwealth.co.uk/advice-and-services/calculators

03/04/2023

Reminder!!! ⌛ ⏰

There are only 2 days left before the end of the Tax Year

What’s a tax health check and why’s it important?

17/03/2023

The Chancellor delivered his Spring Budget to Parliament today. With the removal of Lifetime Allowance charges next tax year and changes to annual limits on tax-relieved pension savings being some of the highlights from the announcement, we look in more detail at how they and the other updates may impact your financial plans: http://ow.ly/x5uo50NjkWB

The changes and what they mean for financial planning strategy

15/03/2023

LTA abolished, AA rises to £60,000 and both MPAA and MTAA increased to £10,000!!!!

Chancellor Jeremy Hunt has scrapped the lifetime allowance (LTA), increased the annual allowance (AA) and reformed the Money Purchase Annual Allowance (MPAA) as part of the 2023 Spring Budget.

The chancellor said the LTA charge would be removed from April 2023 before the LTA is abolished entirely from April 2024; the AA would rise from £40,000 to £60,000 and the MPAA would more than double from £4,000 to £10,000 from April 2023.

The government said the minimum tapered annual allowance (MTAA) would also increase from £4,000 to £10,000 from 6 April 2023.

Follow for more updates

02/02/2023

Planning for Tax Year End ⌛

Tuesday 21 February 2023 at 12.30pm – 1.30pm

Join our guest speaker Tony Wickenden, a taxation expert for St. James’s Place as he reviews the end of a tumultuous tax year.

Tony will examine the (much changed) tax context in which your financial planning takes place and outline the opportunities that can arise from informed advice and insightful planning, both for investors and business owners.

Register Here: https://sjp-co-uk.zoom.us/webinar/register/WN_AC8nvaAvSymgoSsWRDU5qA

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.

We are 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.

04/11/2022

When the economy is in decline, the BoE can lower the base rate to slash savings returns and make borrowing more attractive. The more people borrow, the more financing is used to help people expand their business, buy that car, or even fund a holiday. All this create economic growth.

However, like during the COVID-19 pandemic, the base rate can hover above zero in a low growth environment and leave the BoE with little manoeuvrability for another cut.

This is where quantitative easing has been used.

https://moneyfacts.co.uk/guides/money-guides/quantitative-easing-explained-and-how-to-respond-to-changes/

25/10/2022

St. James’s Place has been dogged by the perception that it charges higher fees than rivals, but any dissatisfaction is yet to show up in the level of new business the FTSE 100 wealth manager continues to record. Here is the full article.