Oyster's Summer Financial Planning Newsletter

9th July 2021

Oyster's Summer 2021 Financial Planning Magazine

 

PENSION BOOST

Welcome to our latest edition. Inside this issue, the unique combination of tax breaks and flexible access available to pensions makes them a compelling choice when saving for retirement. On page 08 we look at one of the key benefits of saving into a pension rather than another type of savings or investment vehicle – the generous tax relief you’re entitled to receive. Making the most of pension saving involves maximising tax relief and allowances which could substantially boost your retirement savings.

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The coronavirus (COVID-19) pandemic has led to a reappraisal of urban living, with increasing numbers fleeing city confines in search of green space. Three million people aged over 50 now plan to relocate in retirement, as a direct result of the pandemic. A year of lockdowns has motivated these over-50s to want to move closer to family and friends, pursue a better quality of life or even move abroad. Turn to page 10.
 
When you’re planning your retirement income, there are multiple factors to consider. But one factor not to overlook is how much of your retirement income you could lose in taxes. On page 09, new data highlights that retired households lose nearly 14% of their income a year to direct taxes.
 
Being online more means criminals have a greater opportunity to approach unsuspecting victims with their scams. Online scams can have a devastating financial and emotional impact on victims. Pension scammers are bombarding the public with scam calls, texts and emails and it can be easy to fall victim to such a scam. Turn to page 12 to find out more. 
 
A full list of the articles featured in this issue appears opposite.
 
Exploring every aspect of your financial world
 
Our aim is to help you to secure your financial future and explore every aspect of your financial world, taking everything into account to create a financial plan that works for you, your family and business. We hope you enjoy this latest issue, and if you require any further information please contact us.
 

10 Years – Feels Like Yesterday    “The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle” a quote from Steve Jobs.    For me the last 10 years since our business Oyster Financial Planning was create

Oyster Celebrates Ten Years

PROTECTING YOUR FAMILY, YOUR BIGGEST ASSET Life is unpredictable and filled with a multitude of potential risks.  The harsh truth is that an unexpected serious illness, a debilitating injury or even a sudden death can drastically affect a family’s financi

Protection for your family

Welcome to our latest March/April 2024 edition.  Your goals are unique to you and important to us. We don’t just look at the numbers; we create a plan tailored to your unique needs and ambitions and focus on what’s important to you and your loved ones. Pl

Oysters Spring Financial Magazine

Oyster’s Guide to Tax Year End Planning  As we approach the end of the tax year on 5 April 2024, it presents an ideal opportunity to assess  the various allowances and reliefs available for your beneift. Allocating time for this review can provide valuabl

Guide to Tax Year End Planning

Welcome to the first issue for 2024. The tax landscape has witnessed considerable changes, making the situation more challenging for taxpayers and investors alike. As we near the end of the 2023/24 tax year on 5 April, every taxpayer should understand the

Oysters New Year Financial Magazine 2024

Taxing times for 2023 A year marked by several tax changes that impacted higher rate taxpayers Strategies to minimise retirement tax Many pensioners may face a lurking tax risk as the State Pension grows Decoding auto-enrolment Good news on the horizon fo

Oysters Winter Financial Magazine

Welcome to our September/October 2023 edition. In this issue, we look at investment bonds and explain how they offer several benefits that some investors may be missing out on, which have become even more beneficial due to recent changes in tax regulation

Oyster's Sept/Oct Financial Magazine

Welcome to our ‘Guide to Protecting Your Financial Future’.    Life is a series of unpredictable moments, and some events may threaten your longterm financial stability. While we cannot foresee the future, we can establish plans to maximise our life exper

Protecting Your Financial Future

Welcome to our July/August 2023 edition. In this issue, a comfortable retirement is a common financial goal, and contributing to a pension is essential to achieving it. Although retirement may appear distant at the moment, there's much to consider. Let us

Summer Financial Magazine 2023

These last few years have been crazy, haven’t they? Financially, first with the Pandemic then coming out of that we have the situation in Ukraine, associated Energy and Food supply and cost issues all feeding into pushing the world’s inflation up sharply,

Economic state of the nation

T A K I N G  A  P R O A C T I V E  A P P R O A C H  T O RETIREMENT PLANNING It’s no secret that the traditional approach to retirement planning is becoming increasingly obsolete. While previous generations may have depended on their employers to provide t

Taking a proactive approach to retirement planning

Oyster's Financial Magazine May/June 2023  Welcome to our latest edition. In this issue, Chancellor Jeremy Hunt’s first proper Budget 2023, on Wednesday 15 March, brought some welcome but unexpected changes to pension tax. Britons can now expect significa

Oysters Financial Magazine May June 2023

On the 6th April 2023 Oyster Financial Planning will have be trading for 9 years! Where has that time gone?   I myself, Michael Osman have been advising for 26 years of which 9 have been at Oyster.   We have certainly seen some changes and consistent grow

Oyster Financial Planning Anniversary

Investing for grandchildren can be used to help fund college tuition, make a down payment on their first car or home, or even start a retirement fund. The earlier you invest, the more time your funds have to grow and compound over time.  This means

Investing in the future of Grandchildren

Welcome to our latest edition. In this issue, financial planning can be a daunting and uncomfortable conversation for many, but thankfully attitudes towards talking about money are changing. Wealth succession should be an integral part of your financial p

Oysters Financial Magazine March 2023

Menopause in the workplace  Unique Retirement Planning Challenges Women Face  Women make up nearly half of the UK workforce, but many feel forced to reduce their hours at work, pass up promotions and even leave their jobs due to lack of menopoause support

Menopause in the workplace

Are YOU a parent or grandparent to late teens or early 20’s who are working? If the answer is YES, please read on!  Its time to talk money!    Oyster have always encouraged our clients who have 20 (ish) year old children or grandchildren to speak to them

Its time to talk money

Welcome to our latest edition. With the current tax year having begun on 6 April 2022, the clock is ticking and it is important to utilise all the tax reliefs and allowances available to you before 5 April 2023 in order to minimise any potential liabiliti

Oysters New Year Financial Magazine 2023

Today everything is different.  Not only are we living longer, healthier and more active lives, most of us can now decide when, how, and even if, we retire.  It's never too early to start thinking about retirement planning. Whether you're just starting yo

Retirement Matters

As the cost of living continues to soar, with inflation reaching a 40-year high, the impact on household finances is taking its toll. But it is essential to try to maintain a savings habit even in the current climate. On page 10 we look at the impact brea

Oysters Winter Financial Magazine 22

Welcome to our guide to maximising pension savings.  Many people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost-of-living soaring.  In these circumstances, it can be difficult to think about y

Oysters Guide to Maximising Pension Savings

Three things to put on your family protection ‘to do’ list    Welcome to our Guide to Family Protection. There various complex risks in life that we all face, such as serious illness, an accident or death. What would happen if something were to happen to

Oysters Guide to family financial protection

PUTTING LIFE ON HOLD Delays to homeownership, having children and retirement. 

Oyster Autumn Newsletter - Cost-of-living crisis

Oysters Guide to making the most of your financial future image

Oysters Guide to making the most of your financial future

It’s not surprising that the world of investing can seem complex, especially in the current global economic climate. Investors face an endless supply of market news, many investment choices and often-changing market conditions. There are a number of key p

Oyster's Summer Financial Magazine 2022

10th Charity Golf Day Results image

10th Charity Golf Day Results

A revolution in family law finally removes the need for blame as a basis for divorce. No one enters into marriage expecting it to end in divorce. However, it happens for many couples.    It can be an emotionally charged time but there are things you can d

Divorce. Be financially smart

During our working lives with sleep and work hours we can expend a lot of the 168 hours, add in family time, hobbies, some learning and social time you will probably fill the 168 hours quite easily by balancing all of the above to suit you.    Will this b

168 hours a week even in retirement

Oysters Guide to Estate Preservation - What will your legacy look like?

Oysters Guide to Estate Preservation

Building financial wealth.  Six tried and trusted principles to help you reach your investment goals.

Oysters Guide to Building Financial Wealth

SO45 Charity golf day 10th year.  Can we reach our goal of 100k in our tenth year?

SO45 Charity Golf Day 10th Year

Navigating the cost of living crisis.  How you can keep the cost of bills down while inflation is high

Navigating the cost of living crisis

Fed up with you nine-five? Sixty is the most popular age to retire.   We know you’ll have different priorities for your wealth at different points in your life. Whatever your financial aims, we can help you achieve them.

Oysters May Financial Magazine

Some changes you can predict, while others you simply cannot.  But that doesn't mean you can't have a plan in place to help mitigate the impacts and protect your wealth, should something change in your life, like your career, your health or even your fami

Guide to Financial Protection

A Guide to smoothing out financial market volatility image

A Guide to smoothing out financial market volatility

Invest your way out of inflation - Why now is the time to make sure that you protect your wealth

Oysters Spring Financial Magazine 2022

Save Now Buy Later - Getting on the property ladder

Save Now Buy Later

2021/22 tax year-end planning

2021/22 Tax Year-end planning

Oyster's New Year Financial Magazine 2022

Oyster's New Year Financial Magazine 2022

Michael Osman 25 years as a financial adviser

25 years as a financial adviser

The State Pension image

The State Pension

How can I protect my wealth from inflation - Financial advice

Oyster's Autumn Financial Magazine

Oyster's guide. Your options at retirement, turning pension savings into income for life

Oyster's Guide to your options at retirement

Oyster's Autumn Financial News Magazine Sept/Oct 2021 image

Oyster's Autumn Financial News Magazine Sept/Oct 2021

Oyster's Summer 2021 Financial Planning Magazine

Oyster's Summer Financial Planning Newsletter

Oyster's Spring May/June Financial Magazine image

Oyster's Spring May/June Financial Magazine

Oyster's Financial Newsletter March/April 2021 image

Oyster's Financial Newsletter March/April 2021

Oyster Budget 2021 Summary image

Oyster Budget 2021 Summary

Cheque Presentation to The Waterside Cancer Centre image

Cheque Presentation to The Waterside Cancer Centre

SO45 CHARITY GOLF DAY - Wessex Cancer Trust image

SO45 CHARITY GOLF DAY - Wessex Cancer Trust

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