Financial planning: summer bulletin 2023
As we sail further into the second half of 2023, it’s time to pause, reflect and closely scrutinise the financial landscape that has been evolving over the year so far.
Recent weeks have brought the first glimmers of hope that the tide is turning. Although it is still early, emerging data suggests a potential slowdown in inflation, and provides a glint of optimism in the face of the relentless interest rate hikes we have witnessed over the last 19 months. Despite this, the consensus remains that we should brace for more rises on the horizon.
The release of draft clauses in the latest Finance Bill further focuses on the ever-shifting legislative environment, particularly in the realm of pensions. We recognise the gravity of these perpetual changes and the implications they could hold for your financial wellbeing.
Our summer bulletin dives into these themes, providing key insights from the first half of 2023, and practical guidance to steer you towards informed financial decisions. This issue includes navigating the transforming pension scene, funding your retirement effectively and transferring wealth efficiently.
With many opportunities, and some potential risks, it’s becoming increasingly important to step back and reassess your financial strategies. Our team is always available to help you adapt to these changes and adjust your financial strategies accordingly.