How to Create a Successful Financial Plan

Westerby NewsOctober 8, 2020

How to Create a Successful Financial Plan 1. Write Down Your Financial Goals When considering a financial plan, you should ask yourself: ‘What do I want to achieve financially in my life?’. It may help to type these out or write them down. Remember that no goal is too small or too big, so if…

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Independent Pension Advice and Retirement Planning

Westerby NewsOctober 9, 2020

Independent Pension Advice and Retirement Planning Westerby Investment Management Limited offer independent financial advice in a wide range of areas including pensions, retirement planning and investments. We take the time to really understand what you want from your retirement and provide solutions and strategies as to how to achieve these goals. We will work with…

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Pensions and Tax – A Brief Summary

Westerby NewsDecember 16, 2020

Some of the most commonly asked questions regarding pensions and tax are outlined below. 1. How does emergency tax work? Normally the first income paid from a pension will have emergency tax applied to it, as the pension provider will need to contact HMRC to get the right tax code for the person taking the…

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Goodbye 2020, you won’t be missed!

Westerby NewsJanuary 7, 2021

We have now said goodbye to a year that will be remembered for a lot of the wrong reasons. Despite entering a third lockdown, the light at the end of the tunnel in terms of returning to a sense of normality is beginning to get closer with the number of vaccinations increasing. However, one thing…

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Minimum Pension Age Changes

Westerby NewsApril 29, 2021

As Independent Financial Advisers, we are constantly reviewing the shifting issues that affect your financial planning needs. One of the most significant matters that has been on the horizon for some time is the change in the minimum pension age. The government has announced that it is to undertake a review on raising the normal…

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Cashflow Modelling and Financial Planning

Westerby NewsOctober 11, 2021

What is Cashflow Modelling? Cashflow modelling is used by your Westerby Consultant to forecast your future finances. It shows you in real time how much money you could have in the future and whether you are on target to achieve your goals. This can be invaluable when considering questions such as ‘do I have enough…

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Six Steps to a sound Financial Plan

Westerby NewsOctober 12, 2021

Six steps to a sound financial plan: Establish short, medium and long term goals in life Identify and list down all of your Assets and Liabilities. Look closely at your current financial situation – are you close to achieving your goals? Put together a plan in order to achieve your different goals – do you…

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ESG – Invest to not only grow, but to do some good

Westerby NewsOctober 18, 2021

Environmental, Social and Governance (ESG) Investing is an area that has grown drastically over the last few years. With predictions of more than 50% of EU passive funds being ESG by 2025, and 2020 seeing more inflows into ESG funds than ever before, ESG is something that is certainly here to stay. What led to…

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Autumn 2021 Budget Summary

Westerby NewsNovember 8, 2021

The Chancellor announced lifetime allowance (LTA) limits for pensions savings will be frozen at £1,073,100 until 5 April 2025. There was no change announced for the annual allowance (AA) rules which means the standard AA remains at £40,000, the Tapered AA between £4,000 and £40,000 and the Money Purchase AA at £4,000. Corporation tax, the…

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Leicester independent financial advice firm acquires clients of Mountsorrel business

Westerby NewsMay 31, 2022

Westerby Investment Management has completed an acquisition of the clients of the independent financial advice company, Blythin & Brown Financial Solutions Ltd (BBFS). BBFS is the financial services arm of Mountsorrel-based general business insurance broker Blythin & Brown Insurance Brokers Ltd. The completion of the acquisition this month (May) means Leicester-based independent financial advice company…

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