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One of the most common questions we receive from clients is, “How safe is my money?” This is a valid concern, and it’s crucial to understand how your money is invested and the safeguards in place to protect it. At Ifamax Wealth Management, we want to break down the different components of your investments to help you feel confident in how your wealth is managed.

As a business owner, reducing your corporation tax bill while transferring company money into your own hands is an appealing prospect. One of the most effective strategies for achieving this is by making pension contributions. Not only do these contributions benefit you, but if you are contributing for your employees, you can also offset these payments against corporation tax.

Pension advice plays a crucial role in a holistic financial plan. Every individual has unique financial circumstances, so it’s important to tailor pension advice to your needs. With pensions being a long-term investment, understanding the nuances of what’s important to you and how to maximise the potential of your savings is essential.

Tax planning is crucial to running a successful business, and staying ahead of key tax changes is essential. With evolving tax laws, taking proactive steps now can help you minimise liabilities, optimise your business structure, and ensure compliance with HMRC regulations.

The more we earn, the more tax we pay. Often, it feels like only the super-rich can reduce their tax bills. However, there are simple and legitimate ways for individuals and business owners to lower their tax liabilities.

There's no shortage of adverts telling you how much you need for retirement—£250,000, £500,000, or even more. But the reality is that your retirement savings goal depends on several personal factors, including your income needs, age, lifestyle goals, and aspirations.

Running a business takes time and effort, from initial setup to scaling and growth. With so many responsibilities, financial planning and tax-saving strategies often take a backseat. However, smart tax planning can significantly reduce tax liability and free up capital for business growth.

According to the National Statistics Office, self-employed individuals comprise around 13% of total employment. Prospect.org.uk reports they contribute over £300 billion to the UK economy, around 14% of GDP.

As business owners, your time is often consumed by the day-to-day demands of managing your team, pursuing growth opportunities, and building relationships with clients. Unfortunately, this means financial and tax planning takes a back seat.

As a business owner, we know you are busy building, managing, and maintaining your company. That often means your financial planning takes a back seat.

Pension planning is often overlooked, especially as we establish our careers or build our businesses. At every stage of the journey, there is usually little time to focus on planning, yet this sets the foundation for when we can retire and the level of income we can expect to receive.

Learn how to plan for a comfortable and worry-free retirement with practical insights and expert guidance. Explore benchmarks, tax-efficient strategies, and personalised planning tips to secure your future.

Discover the key differences between wealth management and financial planning. Learn how each service caters to different financial needs, from foundational planning to complex asset management, ensuring your financial goals are met.

Unlock your financial potential with expert wealth management services from Ifamax. Our tailored strategies in tax planning, investments, and risk management help secure your long-term financial success.

Choosing the appropriate financial help can be crucial to managing your finances effectively. In the UK, financial advice professionals have three main titles: financial advisers, financial planners, and wealth managers.

Wealth management is often perceived as a service reserved for the rich and famous. However, with the rapid rise in house prices and the increasing complexity of financial planning, more people need a wealth manager.

Retirement planning extends beyond managing assets. It involves establishing long-term relationships with financial advisers who can guide clients through the complexities of retirement.

In 2023, Bank of America analyst Michael Harnett began using the phrase “Magnificent 7” to describe the biggest seven stocks in the US (Apple, Microsoft, Alphabet, Amazon, NVIDIA, Tesla and Meta Platforms).

Reaching retirement is a significant milestone, but navigating the world of pensions and taxes can be tricky. Fortunately, there are strategies that can help you keep more of your hard-earned money for what matters most; enjoying your retirement.

In 2023 UK investors navigated the choppy waters of market volatility fuelled by geopolitical tensions, soaring inflation, and tightening monetary policy, and with this comes the inevitable question: what can we expect from investing in 2024?

Environmental, social, and governance (ESG) investing is a rapidly growing trend in the wealth management industry. ESG investors consider non-financial factors alongside the more  traditional ones when making important  investment decisions. These factors can include a company's environmental impact, its social responsibility practices, and its corporate governance structure.

Inflation can have both positive and negative effects on investments in the UK, it all depends on whether the trend is high inflation or low inflation. We have detailed some of the key impacts that inflation may have on your investments, and when you may want to think of contacting your financial advisor.