Winter 2021 Newsletter

The winter edition of our newsletter is out focusing on year-end tax plans, the price of retirement in 2021, the detail of the Social Care Plan and, of course, what to get children for Christmas.


With the widespread take up of the Covid-19 vaccination, and the latest booster campaign offering a third vaccine to all adults, we’ve all been looking forward to a more festive season than last year. The advent of the latest omicron variant unfortunately seems likely to put a damper on some of that optimism. Although planning how to maintain a family Christmas may be top of your list for now, the new year will soon be upon us, traditionally a good time to make sure your finances are in order.

As there is no spring Budget on the cards for 2022, we can plan more confidently without worrying about what might be sprung on us in April. While the Chancellor has committed to taxes going down by the end of the parliament, from April they are most definitely going up, so our feature looks at the best ways to make sure you are in a good position for the new tax year. Late in November, the Treasury finally also took the options for revising capital gains tax and inheritance tax off the table, making year end planning more straightforward.

Other stories for this edition include:

  • The cost of retirement: setting your own standard Following on from our story in the last newsletter about the growing trend for phased retirement, in this issue we consider a recent report that puts a price on minimum, moderate and comfortable living standards in retirement, highlighting the gap you will need to fill from state provision.
  • Social care plans for England: not all they seem As more of the detail emerges on the new social care plans in England, we look closely at the numbers and implications.
  • Christmas gifts that keep on giving If you want to avoid that sinking feeling from the words ‘out of stock online’ and guarantee your gift can’t be spoiled by delayed delivery, you could consider investing on behalf of children or grandchildren this year and setting up a fund for the child’s future.

Read the full newsletter and download below.


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