For individuals 09 was a yr to forget. A world-wide depression, stock Exchange turbulence plus an overall opinion of uneasiness have left a great deal of individuals unsettled about the future.

Hopefully Two Thousand and Ten will be a happier year. However there are steps we can implement to help our .

One thing we can do to put the situation into perspective is to review our financial status. Whether it is your mortgages, borrowing, investments, income or purchasing habits need to be surveyed on a regular basis.
Taking out a review will help you to discover where your finances can be improved and maybe where you should make alterations.

It is important to re-examine your Savings & Investments, to check they are suitable to the level of risk you are happy to take on. It is also worth looking at your credit cards such as Amex, Visa, electricity & gas as well as insurance to see if you could get a more acceptable deal. Even a little saving could make a difference to your regular budget.

Making the most of your yearly tax allowances such as Isa’s, capital gains tax allowances and pension planning are also ways of reducing the level of taxation you might pay.
Whilst income and capital gains tax are significant, the impact of IHT (Inheritance Tax) should too be considered.

Many hold assets over the value of the IHT Nil Rate band. Efficient tax advice can be used to reduce the total amount of IHT their estates might have to pay.

For lots of individuals, the services offered by Financial Advisers assist them to re-examine and put into place changes to their finances and savings.

If you think that you would benefit from independent financial advice please contact us on 01454 321511.

Consilium Asset Management