Blue Ocean Financial Planning

28/07/2023

Ensuring your family is financially secure for the long term is a common goal. If it’s one of your priorities, intergenerational wealth planning could help you create a plan that suits you and your loved ones.

Intergenerational planning can be complex. Depending on your circumstances, you may need to think about how your family could
change, and you may even want to consider future generations. There are other challenges you might need to take into account too, from how passing on wealth could affect your lifestyle to potential tax charges.

It’s never too soon to start thinking about how you want to pass on wealth or who you want to benefit from your assets. Read on to discover some of the ways you could pass on assets and key issues that may affect your decision. If you’d like to discuss intergenerational wealth planning, please get in touch.

Ensuring your family is financially secure for the long term is a common goal. If it’s one of your priorities, intergenerational wealth planning could help you create a plan that suits you and your loved ones. There’s more than one way to pass on wealth to your family. Each option has advantages

17/03/2023

Your spring Budget update – the key news from the chancellor’s statement.

The budget has introduced big changes to pension rules which will impact many of those saving for retirement as well as individuals already in retirement. Please get in touch to find out if you are able to benefit from the changes in the new tax year or if you have any other questions on how this budget impacts your financial plan.

https://blueoceanfp.co.uk/your-spring-budget-update-the-key-news-from-the-chancellors-statement/?utm_campaign=2590843_Blue%20Ocean%20Spring%20Budget%202023&utm_medium=email&utm_source=The%20Yardstick%20Agency&dm_i=4311,1JJ3V,796A1H,5QI3J,1

19/10/2022

Financial wellbeing is a broad topic, covering all aspects of the relationship between money and our long-term happiness. It covers a wide variety of subjects, including how to manage money better, and how to use money to generate wellbeing.

If you want to improve how you make financial decisions, this guide covers six steps to take:

- Understanding why you are bad with money
- Understand the sources of wellbeing
- Identify your objectives
- Don’t be a financial wellbeing ju**ie
- Connect with your future self
- How to give.

Download your copy of “Financial wellbeing: 6 ways to help you make better financial decisions” to learn more.

Humans are hard-wired to make poor financial decisions. It’s just in our DNA. Financial wellbeing is a broad topic, covering all aspects of the relationship between money and our long-term happiness. It covers a wide variety of subjects, including how to manage money better, and how to use money

13/09/2022

Some of the decisions you make as you retire could affect your income and lifestyle for the rest of your life. Yet, data suggests that many retirees aren’t taking financial advice and it could mean they face hardship in the future.

Click the link to read 7 compelling reasons you should seek financial advice at retirement.

Some of the decisions you make as you retire could affect your income and lifestyle for the rest of your life. Yet, data suggests that many retirees aren’t taking financial advice and it could mean they face hardship in the future. According to the Great British Retirement Survey, only 27% of ret

19/08/2022

If you’re thinking about investing in a property, there are some important things to consider first. This guide explains some of the essential things you need to know, including:

How a buy-to-let mortgage works
What taxes you may need to consider as a landlord
How to reduce tax liability
What to consider when you’re choosing a buy-to-let property
And more…

Download your copy of ‘Your complete guide to buy-to-let’ to learn more. Please get in touch with us if you would like advice or more information.

Buy-to-let properties can provide an additional income stream and help you to support your goals. As a result, becoming a landlord is something you may have thought about. For example, you may want to purchase a buy-to-let property to diversify your assets or provide children with an inheritance.

26/05/2022

Since the start of the year, you’ll have seen regular headlines about the difficulties in the global economy.

Whether it is inflation hitting a 40-year high, stalling growth in western economies, rising interest rates, or the cost of living crisis, a week doesn’t seem to pass without some worrying economic news.

It’s natural that this uncertainty may mean you’re concerned about your own plans and finances. So, we wanted to provide some reassurance and remind you of three things to remember in tricky times. Please click the below link for our latest blog post.

Over the last few months, you can’t have missed the tough economic headlines. You’ve also likely seen the impact of the global economy on your own finances. Whether it’s the rise in the energy price cap and the rate of National Insurance contributions (NICs), the increasing cost of goods and s...

15/11/2021

Sustainability has become a key topic for governments, businesses and communities around the world. If you want to reduce the impact your lifestyle has on the environment, it can be difficult to know where to start. Our latest guide looks at 10 changes you can make to your life to reduce your carbon footprint, limit waste, and support sustainable projects.

Among the steps the guide covers are:

- Making your home more energy-efficient
- Choosing a renewable energy supplier
- Changing your diet
- Investing sustainably
- Offsetting your emissions.

https://blueoceanfp.co.uk/guide-10-ways-to-lead-a-more-sustainable-life/

Sustainability has become a key topic for governments, businesses and communities around the world. If you want to reduce the impact your lifestyle has on the environment, it can be difficult to know where to start. Our latest guide looks at 10 changes you can make to your life to reduce your carbon

07/09/2021

Have you thought about how you’ll pass wealth on to those who are important to you?

It can be difficult to think about how you’ll pass on wealth to loved ones, but it’s important to set out a plan.

Download Leaving an inheritance vs gifting during your lifetime to discover the steps you should take.

Have you thought about how you’ll pass wealth on to those who are important to you? Traditionally, this has been done through inheritance, but it’s becoming more common to gift during your lifetime. Our latest guide explains why more families are choosing to gift during their lifetime and the pr...

18/08/2021

When you think about your future, how far ahead do you plan? Perhaps you’ve thought about what your life will look like in 10 years, but have you considered your later years?

While retirement planning is common, it’s often the early years of retirement that people focus on. However, your needs and lifestyle wishes can change drastically over a retirement that could last decades. It’s just as important to think about how you’ll spend your later years as those first years when you are still celebrating retirement.

Click the link to download 'The guide to later-life planning and care' to start thinking about your long-term plan. It’s here to help you understand why it’s important and what steps you can take.

https://blueoceanfp.co.uk/guide-the-guide-to-later-life-planning-and-care/

If you have any questions about your long-term plan or care, please contact us.

When you think about your future, how far ahead do you plan? Perhaps you’ve thought about what your life will look like in 10 years, but have you considered your later years? While retirement planning is common, it’s often the early years of retirement that people focus on. However, your needs a...

05/07/2021

We truly believe that having a financial planner will help you improve your mindset around money, by helping you to develop strategies with clear ideas about where you want to be in the future. In addition to this, working with a financial professional will enable you to understand your finances providing peace of mind and confidence that will bring you more enjoyment in life.

Managing your wealth is so closely linked with your overall health. Our latest guide explores some practical steps you can take to improve your overall wellbeing now and in the future.

Among the steps that can help create a better you are:
- Setting out your goals
- Making your mental wellbeing a priority
- Spending time on the things you enjoy
- Getting outdoors
- Creating a financial plan.

Click the link below and download “10 simple but effective ways to create a better you” to discover some of the things you can do to improve your life in the short and long term.

https://blueoceanfp.co.uk/guide-10-simple-but-effective-ways-to-create-a-better-you/

Search the internet and you’ll find a myriad of self-help sites aimed at helping you to improve your life and get the most out of it. Our latest guide explores some practical steps you can take to improve your overall wellbeing now and in the future. Among the steps that can help create a better

20/05/2021

Your retirement choices: how to generate an income in later life. Our latest guide explains the basics you need to know, including:

- Why it’s important to have a retirement plan in place
- Your different options, such as buying an annuity or taking a flexible income
- The pros and cons of the different options available to you.

Please follow the link to download your guide and get in touch if you would like to discuss your retirement plans.

https://blueoceanfp.co.uk/guide-your-retirement-choices-how-to-generate-an-income-in-later-life/

Since Pension Freedoms were introduced in 2015, retirees have had more choice when they access their pension. However, it also means you have more responsibility for generating an income later in life and it’s important to understand what your options are. Our latest guide explains the basics you

29/04/2021

7 Powerful investment lessons from Warren Buffett

The pandemic has led to more people taking control of their finances and investing. If you’re looking for some investing tips, the following pearls of wisdom from Warren Buffett are a great place to start. Known as a businessman and philanthropist, Warren Buffett consistently ranks on lists of th