Waverton Wealth

24/01/2023

Today’s is Paraplanner Claire Logue, who has been part of the Waverton Wealth team since 2014.
Claire loves working alongside the advisors, finding the very best solutions for our clients.
Outside of work, she has two sons who keep her very busy!

10/01/2023

This week our is Director Alan J Reid.
Having worked in the Wealth Management industry for almost 40 years, Alan is experienced in dealing with clients who require a personal and dedicated service tailored specifically for them. His core values are honesty, sincerity, trust and reliability, resulting in many clients being referred.
Alan and his wife Norma have three grown-up children, and he enjoys playing golf and tennis and watching rugby.

09/01/2023

The number of workers with small pension pots of under £1,000 has surged dramatically in recent years, as auto-enrolment has allowed millions of people to benefit from workplace pensions for the first time.
However, with the average employee now changing jobs 11 times[2] in their working life, people are increasingly building up many small pots and are often losing track, misplacing paperwork or forgetting about previous schemes they are invested in.
The Pensions Policy Institute (PPI) predicts the number of small pots will triple by 2035 to 27 million[3]. Although the government’s Pension Dashboard will allow people to see all of their pensions in one place when it comes into effect in a few years’ time, it will not solve the problem of savers paying fees to multiple providers across all their pensions. Read more in our latest blog https://www.wavertonwealth.co.uk/tracking-down-savings-from-a-previous-employer

05/01/2023

Following pension reforms from age 55 – rising to age 57 from 2028 unless your plan has a protected pension age, you can start using the money you’ve saved in your pension. But there’s a lot to think about when you withdraw money from a pension. There are some exceptions that entitle you to access your pension earlier, but you may have to pay high fees. Whatever age you decide to withdraw your pension, there
are a few things you’ll need to consider. To find out what they are, read the full blog here: https://www.wavertonwealth.co.uk/accessing-your-pension

27/12/2022

This week’s is Scott.
Having worked at Waverton Wealth for 12 years, Scott is one of our paraplanners' and has 25 years of experience in financial services.
He prepares client reports, undertakes research and provides support for two of the firm’s directors, working closely with them to create bespoke solutions that meet all clients’ financial planning needs.
Outside work Scott is passionate about music and movies.

22/12/2022

Many of us are unsure about what to expect when it comes to planning for the future. Study after study has indicated that many of us aren’t sure whether we will be able to retire comfortably. It really does seem that it’s increasingly difficult for some to feel confident about retirement. New research has highlighted an interesting insight into the hopes, fears and aspirations of people approaching and in retirement. How much your retirement will cost depends on your lifestyle, so it differs for everyone. That said, it may be more expensive than you’d expect. Inflation concerns have been rising since last summer and rising prices pose a problem for retired people. Read more in our latest blog https://www.wavertonwealth.co.uk/planning-for-the-future

20/12/2022

19/12/2022

Increasingly more and more pension savers are asking where their funds are invested. Many people are no longer just concerned about getting the best returns; they also want their money to be used in a way that helps society and the planet. A survey finds that a third of pension schemes have already set targets to reduce their exposure to climate-related risk. 61% of schemes have considered setting a target to reduce their exposure to climate risks, but four in ten schemes have yet to consider climate risk targets, and 28% say they will not be setting a target.
Of the 33% of schemes that have set or are in the process of setting a target, half have included an emissions-based target, with the majority (70%) of these being a ‘net zero’ target. Read more in our latest blog https://www.wavertonwealth.co.uk/rising-to-the-defining-challenge-of-our-age

13/12/2022

This week’s is Administration Manager, Diane.
With 26 years working in the IFA sector or Financial Services, providing Administration and PQ support to advisors, Diane joined Waverton Wealth in 2021 and is now Admin Team Leader.
Outside work, Diane is a Cub Scout Leader and Also an Assessor for the Duke of Edinburgh Awards programme, and likes to keep fit with her collie!

12/12/2022

There are many factors that can influence when someone decides to retire. For some, it may be based on health reasons, while others may want to take advantage of government benefits or simply enjoy a more relaxed lifestyle. However, one of the most common factors that determines when people choose to retire is their age. So, what is the most popular age to retire early? Sixty is the most popular age to retire early, according to new research, which reveals the key steps people have taken to embrace early retirement and examines the costs and benefits of doing so. Read more in our latest blog https://www.wavertonwealth.co.uk/leaving-work-behind

09/12/2022

Saving enough for retirement is challenging for many people, but an era of changing demographic trends, such as increased longevity and delayed marriage, can make this journey even more difficult.
New research into the attitudes of the over-50s towards their pension has uncovered that nearly half (49%) regret not saving into their pension earlier, and almost two-thirds (64%) wish they had contributed more to their retirement savings at an earlier stage. Read more in our latest blog https://www.wavertonwealth.co.uk/accumulating-a-nest-egg

08/12/2022

If you’ve been diligently saving into a pension throughout your working life, you should be entitled to feel confident about your retirement. But unfortunately, the best savers sometimes find themselves inadvertently breaching their pension Lifetime Allowance (LTA) and being charged an additional tax that erodes their savings.
Read more in our latest blog https://www.wavertonwealth.co.uk/pension-lifetime-allowance-2