Stephen Dixon - Financial Advisor at Littlewick

13/08/2024

Lovely round of golf at Puttenham Golf Club last Friday with the The "FORE" Business Forum group. Didn't play my best but I'll blame the heat!

07/08/2024

https://www.msn.com/en-gb/money/other/how-to-avoid-paying-too-much-tax-on-your-pensions/ar-BB1kNsZV?ocid=msedgntp&pc=LCTS&cvid=14b61a7dfd854ff0b78052619fa3f81d&ei=44

Great article from the telegraph about the complexities of retirement and how to take out your money in the most efficient way.

It says look at ISAs and tax free cash first before you start taking the taxed part of your pension but maybe a blended approach is better...

No-one wants to pay more tax than they need to at any stage of life, but it’s particularly important to make sure you’re not overpaying in retirement when drawing down on your savings. The key to reducing how much tax you pay is by looking at the order in which you take your pension and other sa...

25/07/2024

https://www.msn.com/en-gb/money/other/millions-missing-extra-pension-cash-from-hmrc-by-failing-to-claim/ar-BB1qBr8N?ocid=msedgntp&pc=LCTS&cvid=0e6cbb2c75b744289bf0a88661d8cd96&ei=13

Interesting article in the daily express today about tax relief on pension contributions. Although I find it hard to believe that as much as 75% of higher rate tax payers are not claiming back the extra!

Simply put...

If you are a basic rate tax payer then there is nothing to do as you get the 20% tax relief automatically.

If you are a higher rate tax payer then you need to do some extra work to get the extra relief. If your employer does salary sacrifice then its likely you don't need to do anything but if not then you might have to.

I had a client recently who did not know about this and had not been claiming the extra relief for years. We managed to get it back dated for the last 4 years but anything before that was lost.

It pays to know.

75% eligible to claim failed to do so, leaving £1.3 billion unclaimed.Experts say it's relatively pain-free and shouldn't take too long to claim

17/07/2024

Pension contributions vs growth! which affect your pension pot more?

In this example the employee starts off age 20 on £20,000. Their salary goes up by 2% each year. They put 5% in their pension and their employer puts in 3%. Growth is 5%.

What does the chart tell you?

02/07/2024

I get a lot of people asking questions like...

How much do I need in my pension?
How much will I be able to draw out my pension each year when I retire?
How long will my pension last?
Have i got enough in my pension?

It is different for everyone but this basic cash flow forecast helps answer those questions...

The orange bars are the pension starting to pay out at 67 and the red is the pension deficit that starts at 74.

26/06/2024

Recently we have been asking clients if they would mind reviewing us on Google to try and increase our online exposure.
The lovely words I have had personally have really brought it home how much we help people and they appreciate it.

"Stephen Dixon at Littlewick has been advising me on savings, life insurance & pensions. His advice has been proactive, clear and concise and he has provided an excellent transparent service. Highly recommended!"

"Very direct, easy and painless. Stephen Dixon took me through all the paces and explained everything in detail. Explained all options and made this whole process as easy as it could be. 100% would recommend."

"The whole investing was completely new territory for us. Stephen Dixon made it simple enough for us to understand and no question was ever a silly question. He made time for us and really understood our needs. He has helped us get our finances in order, which is a great peace of mind. Fantastic service and knowledge. We would highly recommend him."

02/01/2024

Littlewick Wealth Management Ltd is an Appointed Representative of and represents only St. James's Place Wealth Management Plc (which is authorised and regulated by the Financial Conduct Authority).

SJP Approved 27/11/2025