by SJB US | Mar 24, 2025 | Advice, Financial Planning, Pensions, SJB US
As the end of the tax year approaches, it’s time to think about pension contributions. For the 2024/25 tax year, the annual allowance, the maximum you can contribute to your pension without incurring a tax charge is £60,000. ​ However, this limit isn’t the...
by SJB US | Feb 12, 2025 | Pensions, UK
The government’s latest pension reforms aim to unlock billions for economic growth, allowing pension schemes to invest more freely in higher-yield assets. On paper, it sounds like a win-win: higher returns for pensioners and a boost for UK businesses, but we have all...
by SJB US | Nov 5, 2024 | Financial Planning, Pensions, Regulations, SJB US, UK
The UK’s Autumn Budget 2024, delivered by Chancellor Rachel Reeves, marked a historic moment as the first budget by a female Chancellor and the first Labour budget in over a decade. Here’s a comprehensive breakdown of the key announcements. Economic Stability and...
by SJB US | Nov 4, 2024 | Advice, Financial Planning, Inheritance, Pensions, Regulations, SJB US, Tax, UK
The UK’s Autumn Budget 2024 has introduced transformative changes to pension rules, significantly impacting both domestic and overseas pension holders. In a historic move, the government has announced that pensions will now fall under Inheritance Tax (IHT) regulations...
by SJB US | Oct 7, 2024 | Advice, Financial Planning, Pensions, Rob Hoey
A Backdoor Roth IRA is a strategy that allows high-income earners to enjoy the benefits of a Roth IRA, even if they exceed the income limits for direct contributions. This approach has gained popularity among savvy investors who want to take advantage of the tax-free...
by SJB US | Sep 23, 2024 | Advice, Daniel Lattimer, Pensions
When you think about retirement, understanding your life expectancy in weeks rather than years can offer a more precise view of what it takes to prepare financially. Here’s how you can strategically plan your savings, whether you are 35, 45, or 55 years old. ...
