sm129 - Flipbook - Page 2
JULY / AUGUST 2026
Inside this issue
In today’s working life, frequent job changes have left
millions of UK workers with scattered workplace pensions,
often forgotten or difficult to track. With an estimated
Contents
05
3.3 million lost pension pots worth over £31 billion, many
people lack a clear view of their retirement savings. On
page 08, we examine how consolidating pensions can
improve visibility, simplify administration and help align
investments with goals, while also reviewing charges and
performance. However, valuable benefits may be lost, so
careful review and professional advice are essential before
transferring funds.
Life is constantly changing, and major milestones or
unexpected events can have a significant impact on your
financial wellbeing. A proactive financial review helps
ensure your plans remain aligned with your goals, rather
than reacting only when problems arise. Career changes,
family milestones, property decisions and retirement all
present key moments to reassess your finances. Regular
reviews can help adjust savings, pensions and protection,
keeping your strategy on track and supporting financial
stability and confidence over the long term. Read the
article on page 10.
Income is often a household’s most valuable asset, yet
many people overlook protecting it. This article on page
11 explains how income protection insurance can provide
financial support if illness or injury prevent you from
working. By replacing a portion of lost earnings, it can
help cover essential expenses, maintain financial stability
and reduce stress during recovery. Understanding
how income protection works, its benefits and key
considerations can help ensure you and your family are
better prepared for life’s unexpected challenges and
financial uncertainties.
03
08
Why more families are losing
wealth to Inheritance Tax and
how to avoid it
Over £31.1 billion of pension
assets held in lost pots
Data shows families are paying unnecessary tax without planning ahead
04
Building financial security
across three generations
Ensure your financial plans support not
only your future but also the generations
that follow
05
Why bringing your pensions together could
simplify your retirement
10
Life events that trigger
a financial review
Understanding your options to make
informed decisions
11
Protecting your income when
life takes an unexpected turn
For many families, the most important conversations
Earning returns on your returns
A solution that can play an important role in
are often the ones left unsaid. Discussing issues such as
How compound growth can turn small
safeguarding your financial wellbeing
loss of capacity, Powers of Attorney, end-of-life wishes
savings into a significant amount
and future responsibilities can feel uncomfortable, yet
06
12
avoiding them can create uncertainty and stress when
difficult decisions arise. This article on page 06 explains
understand your values, preferences and priorities. Open
When planning
becomes an act of love
conversations can provide clarity, reduce confusion and
Preparing for tomorrow starts with a con-
ensure that important decisions reflect what matters
versation today
why planning ahead is an act of care, helping loved ones
A new era for Individual
Savings Account planning
Are you making the most of your options in
a changing tax landscape?
most to you.
A complete list of the articles featured in this issue
appears opposite. t
Guiding you through
every stage of life
Life changes, and your financial plans should
evolve with it. Our personalised advice helps
you pursue your goals with confidence while
safeguarding your family's future. Speak to us
today to find out more.
02
Information is based on our current understanding of taxation legislation
and regulations. Any levels and bases of, and reliefs from, taxation are
subject to change.
The value of investments may go down as well as up, and you may get
back less than you invested.
The content of the articles featured in this publication is for your general information and use only and is not intended
to address your particular requirements. Articles should not be relied upon in their entirety and shall not be deemed
to be, or constitute, advice. Although every effort has been made to provide accurate and timely information, there
can be no guarantee that it is accurate as of the date it is received or will remain accurate in the future. No individual
or company should act upon such information without receiving appropriate professional advice after a thorough
examination of their particular situation. We cannot accept responsibility for any loss arising from acts or omissions
taken in respect of any articles. Thresholds, percentage rates and tax legislation may change in subsequent Finance
Acts. Levels, bases, and reliefs from taxation are subject to change, and their value depends on the investor’s
individual circumstances. The value of your investments can go down as well as up, and you may get back less
than you invested. Past performance is not a reliable indicator of future results. The Financial Conduct Authority
does not regulate tax advice, Inheritance Tax planning, trusts, estate planning, Will writing or Cashflow Modelling.
