Jan/Feb 2021

Welcome to our first edition of Intelligent Wealth for 2021. As we look forward to a new year, hopefully we will see a world that is steadily returning to normal.

While COVID-19 will continue to impact on our lives in many ways and has created financial pressures and uncertainty for many, getting our financial life in order will be a top priority as we enter 2021.

Rest assured that the entirety of the Fairstone team is continuing to work tirelessly on your behalf to support you and your financial health. If you have any queries or concerns, no matter how small, please do not hesitate to get in touch – we are here to help you.

Even with unprecedented steps being taken to ensure the global roll-out of vaccines, the big question for 2021 is ‘what further market volatility can we expect?’ In this edition, we look at achieving your financial goals through investing and strategies to help you manage volatility.

There are many ways that you can save or invest. Individual Savings Accounts (ISAs) are an incredibly effective means of shielding your money from both Capital Gains Tax and Income Tax. To utilise your ISA allowance, you should do so before the deadline at midnight on Monday 5 April 2021 as the date marks the end of the 2020/2021 tax year.

The Government has spent hundreds of billions of pounds on measures to support businesses and jobs and fight the coronavirus pandemic. But how will it pay for these? We won’t know the extent of how much the final bill will be until long after the crisis is over. While the Chancellor is looking to reduce the tax gap, there are nonetheless still opportunities to review your financial arrangements for saving tax throughout the tax year.

Market insights

Faced with rising operational costs and regulatory pressures, the challenges of growing a business are increasing. As a result, many business owners...
The structuring and use of earn-outs are very much the norm in the sale of any people-based business owing to the more involved and fluid nature of...
Your clients could dictate when is the right time to sell There is a common misconception amongst IFA business owners that a more mature business...
Whether it is building a personal or a business relationship, the one thing that plays out time and time again, is that forming relationships over a...
Pensions are complicated, so how can you be sure you are doing the right thing? We all want to retire but with a potential pension minefield out...