Aventur Team

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<h1>Your Guide to Estate Planning</h1>Estate planning involves deciding how to distribute assets after your death. It can be complex, but it's important to have one in place to ensure that your wishes are respected, and your loved ones are taken care of.You can use this article as your guide to estate planning, as it provides an overview of the process.<h2>Why is estate planning important?</h2>There are several reasons why estate planning is important:<ul><li>To ensure that you split your assets according to your wishes. If you die without a will, your assets will be distributed according to government guidelines. These guidelines may not be in line with your wishes.</li><li>To minimise inheritance tax (IHT). Individuals pay IHT on the value of an estate above a certain threshold. Estate planning can help to reduce the amount of inheritance tax that your loved ones have to pay.</li><li>To protect your loved ones from financial hardship. Estate planning can secure the financial future of your young children or dependent relatives after you pass away.</li><li>To choose someone to make decisions on your behalf if you become unable to. If you are unable to make decisions, estate planning ensures that you choose someone you trust to make decisions for you.</li></ul><h2>What does an estate plan include?</h2>Estate planning can involve a variety of different elements, including:<ul><li>Making a will.&nbsp;A will is a legal document that sets out your wishes for the distribution of your assets after your death.</li><li>Setting up a trust.&nbsp;A trust is a legal arrangement that means you can transfer ownership of your assets to a trustee. They will then manage your assets for the benefit of your beneficiaries.</li><li>Appointing a power of attorney.&nbsp;A power of attorney is a legal paper that lets someone make choices for you if you can't.</li><li>Appointing a healthcare proxy.&nbsp;A healthcare proxy lets someone make medical decisions for you if you can't make them yourself.</li><li>Purchasing life insurance.&nbsp;Life insurance can provide your loved ones with a financial payout after your death.</li></ul><h2>How to create an estate plan</h2>To create an estate plan, you should first take the time to consider your wishes. Ask yourself: What do you want to happen to your assets after your death? Who do you want to benefit from your estate? Once you have thought about this, you can start to put together your plan.It is important to seek professional advice when creating an estate plan. A solicitor or professional planner can help you to understanding your options and creating a personalised plan that meets your needs.<h2>Estate planning tips</h2>Here are some more estate planning tips if you're a UK resident:<ul><li>Make a will.&nbsp;Doing this is the most important thing you can do to ensure that you distribute your assets the way you want.</li><li>Consider setting up a trust.&nbsp;A trust can be a useful tool for protecting your assets and minimizing inheritance tax.</li><li>Appoint a power of attorney and a healthcare proxy.&nbsp;This will ensure that someone you trust is able to make decisions on your behalf if you become unable.</li><li>Purchase life insurance.&nbsp;This can provide your loved ones with a financial pay-out after your death.</li><li>Keep your estate plan up to date.&nbsp;You should regularly review your plan to ensure it reflects your current wishes and circumstances.</li></ul><h2>Inheritance tax</h2>The current inheritance tax threshold is £325,000. If your estate is worth more than this, your beneficiaries must pay inheritance tax on the excess amount.There are a number of ways to reduce inheritance tax liability, such as setting up a trust or making charitable gifts. If you are concerned about inheritance tax, read our <a href="https://www.aventur.co.uk/blog/inheritance-tax-what-you-need-to-know">Guide to Inheritance Tax</a>.<h2>Conclusion</h2>Proper estate planning ensures the distribution of your assets according to your wishes. If you don't have a plan, you can make one yourself or get help from a professional to create one. Our team are experienced in creating estate plans for all eventualities, if you'd like some help in creating yours, <a href="https://www.aventur.co.uk/contact">get in touch</a>.<hr>* Some forms of Estate Planning are not regulated by the FCA.

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Your Essential Guide to Estate Planning

Financial Planner

Samuel Back

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<h1>Our Guide to the Lifetime Allowance Changes</h1><h2>Understanding the new Pension Changes</h2>The big news in Jeremy Hunt’s 2023 spring Budget was the unexpected abolition of the Lifetime Allowance (LTA) charge. The complete abolition was certainly not one that I had on my budget bingo scorecard!&nbsp;Until the budget, the LTA stood at £1,073,100, an all-round relatively unstable figure that had been increased, decreased and frozen before it was eventually scrapped.<h2>What was the LTA and why was it scrapped?</h2>By way of a reminder, the aim of the LTA was to limit the amount of tax-privileged benefits that can be accumulated by an individual across all of their pensions. This change will come into affect on the 6th April 2024.It was calculated and tested when benefits are drawn (or at age 75 if earlier) which is a ‘benefit crystallisation event’.These benefit crystallisation events would use up all or part of the LTA and once the limit had been reached, the payment of any additional benefits will give rise to a tax charge.&nbsp;The rate was 25% for income payments subject to a marginal rate of tax, and 55% for lump sum capital payments.With the LTA charge being abolished, pension savers need no longer worry about the overall value of their pension in this context.&nbsp;Labour has previously said it will reinstate the lifetime allowance, although there is no publicised plan as to how exactly they would go about this.&nbsp;We of course are now likely in an election year, it is hard to imagine the electoral winner completely scrapping these detailed new rules, although further tweaks are always a possibility (and going off the LTA since 2006, very likely!).<h2>What are the new pension allowances?</h2>So, what does this mean for individuals? Are we now… unlimited? Well, unfortunately not!There are effectively now three new allowances to consider:<ol><li>Lump Sum Allowance (LSA)</li><li>Lump Sum and Death Benefits Allowance (LSDBA)</li><li>Overseas Transfer Allowance (OTA)</li></ol><h3>Lump Sum Allowance (LSA)</h3>The standard lump sum allowance (the 25% element you can take tax-free) will now be capped at £268,275 with no provisions in legislation to increase this. As the mathematicians reading may have noticed, this is 25% of the old LTA so there is effectively no change in the amount of tax-free cash that can be taken.&nbsp;Those with LTA protection will be given an LSA based on their protected LTA, although treatment of transitional protections will be another separate blog post so watch this space!<h3>Lump Sum and Death Benefits Allowance (LSDBA)</h3>The standard lump sum allowance (a cap on the tax-free death benefits available from a pension) will now be capped at £1,073,100 with no provisions in legislation to increase this. As with the LSA, those with protection will have their LSDBA set in line with their LTA protection.&nbsp;The implementation of the LSDBA does not mean an increase in tax payable on pension benefits on death where the pension benefits have not yet been crystallised compared to the rules under the LTA.&nbsp;This is because prior to 6 April 2023, a 55% LTA tax charge would have applied to the value of any excess uncrystallised funds lump sum death benefit over an individual’s available LTA. Now that the LTA tax charge has been removed, any excess uncrystallised funds lump sum death benefits will be subject to Income Tax at the beneficiaries’ marginal rate (up to 45%).<h2>What does this change mean for you?</h2>It will have a detrimental impact for any individuals who die before age 75, have crystallised funds in excess of their LSDBA where they have already drawn some of their pension benefits.&nbsp;Under the old LTA rules, the value of crystallised pension benefits in drawdown, or flexi-access drawdown, or as a dependant’s annuity, are not tested against the LTA on death and can be passed on to completely tax free.&nbsp;From 24/25 tax year onwards, should an individual pass away before age 75, the value of their pension benefits on death will be tested against the LSDBA and any excess will be taxed at the beneficiaries’ marginal rate of income tax.&nbsp;<h2>What might change in the future?</h2><h3>Overseas Transfer Allowance (OTA)</h3>This one will impact a lot less of us than the LSA/LSDBA, but worth noting.&nbsp;Largely noticed by those of us who have specialised in pensions for some time, the BCE 8 test is now being substituted with the OTA.&nbsp;The OTA is linked with an LSDBA and the existing overseas transfer charge (OTC). Any transfer to a QROPS exempt from the current OTC will undergo test against the OTA, and any surplus beyond the allowance will incur the overseas transfer charge, currently set at 25%.<h2>Conclusion</h2>The above is a welcome change to many with large pension funds or plans to accumulate them, but as with any legislative change – there are several nuances that are important to be aware of and bespoke advice on your specific circumstances is important in ensuring that you take advantages of the opportunities available.&nbsp;To speak to one of our team about the LTA and how you can navigate the changes, <a href="https://www.aventur.co.uk/contact">send us a message</a>.<hr>Sourceshttps://www.gov.uk/government/publications/lifetime-allowance-guidance-newsletter-march-2023/lifetime-allowance-guidance-newsletter-march-2023

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Our Guide to the Lifetime Allowance Changes

Caroline Wishart-Young

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<h1 style="margin-left:0;">How to Prepare for the End of the Tax Year</h1>Are you self-employed or a business owner and not sure if your end of year tax planning strategy is any good? &nbsp;We have compiled a list of the main tax planning opportunities for both, which may prove helpful when preparing for the end of the tax year. &nbsp;<h2 style="margin-left:0;">For the Self Employed</h2>As an individual, whether you submit your own tax return or have an accountant who does it for you, planning for the end of tax year is all about making the most of what is available to you. &nbsp;<h2 style="margin-left:0;">Pensions</h2><a href="https://www.ftadviser.com/pensions/2023/10/10/worry-self-employed-are-being-left-behind-as-third-have-no-pension/#:~:text=A%20third%20of%20self%2Demployed,have%20no%20pension%20at%20all">The Financial Times</a> reported last October that ‘a third of self-employed people have no retirement nest egg and are being left behind’. Unlike employed individuals whose employers legally must enrol them in a pension scheme if eligible, self-employed workers do not – which means a missed opportunity when it comes to saving for retirement and tax planning. You can contribute into a <a href="about:blank">pension</a> up to either 100% of your earned income or up to the annual allowance of £60,000, whichever is less. When contributing to a pension personally, you receive ‘relief at source’. This means the pension provider can claim tax relief from the Government at the basic rate of 20% and add it to your pension pot. This may not necessarily reduce your income tax bill at the end of the year, but when you are given what is essentially a ‘bonus’ from HMRC for saving for your retirement, it seems silly not to take it into consideration. If you’re a higher rate or additional rate taxpayer, the additional tax relief can be claimed through your Self-Assessment Tax Return or by contacting HMRC directly. This can also be back dated over four tax years. The up-side to claiming the additional relief? It doesn’t need to go back into the pension! It will either be paid out as a tax rebate, be a reduction in your tax liability, or you’ll see a change in your tax code.<h2 style="margin-left:0;"> Individual Savings Account (ISA)</h2> Whether your preference is a cash ISA, or you’re happy to take a little more risk with a Stocks and Shares ISA, utilising this tax wrapper up to its annual allowance of £20,000 a year is a good way to help save for your impending tax bill in January. With both interest from a cash ISA and income or capital gains from a Stocks and Shares ISA growing free of tax, it is a useful product to consider when tax planning. Contributions can be made in regular monthly amounts or lump sums in both ISA types and there are no withdrawal charges or exit fees either, which means accessing the funds when you need them is straight forward. The only time restraint would be for a Stocks and Shares ISA, is when the provider would need to sell down the funds to make the cash available to withdraw. To top it off you do not need to declare any interest, income or capital gains from an ISA on your tax return! Applying for an ISA is simple, and the majority of providers allow you to do it online, if your preference is a Cash ISA make sure to do your research on the best interest rate available. If you like the sound of a Stocks and Shares ISA it may be worth speaking to a financial adviser if you are not sure about managing the investments yourself.<h2 style="margin-left:0;"> Marriage Allowance</h2> Each person has an annual Personal Allowance, which is currently fixed at £12,570 along with the tax rates until the 5th of April 2028. <a href="https://www.gov.uk/marriage-allowance">The Marriage Allowance</a> lets a person transfer £1,260 of their Personal allowance to a spouse or civil partner, which can reduce their tax by up to £252 in a tax year. For this to be worth doing, the lower earner would normally have to have an income below the Personal Allowance, and it may mean by transferring part of their personal allowance to their spouse/civil partner, that they would now be subject to tax but as a couple you could pay less. This would benefit you if:<ul><li>You’re married or in a civil partnership</li><li>You do not pay income tax or your income is below the Personal Allowance of £12,570.</li><li>Your spouse/partner pays Income Tax at the basic rate.</li></ul> Claims can be made online, and they can be backdated to include any tax year since the 5th of April 2019 that you could have been eligible for Marriage Allowance. Tax bills will be reduced depending on the Personal Allowance rate for the years you would like to be backdated. &nbsp;<h2 style="margin-left:0;">If you're a Business Owner</h2> There are many benefits to being a director of a limited company and being more tax efficient is certainly one of them.<h2 style="margin-left:0;"> Employer Contributions</h2> As a limited company your profits are subject to <a href="https://www.gov.uk/government/publications/rates-and-allowances-corporation-tax/rates-and-allowances-corporation-tax">Corporation Tax</a>, depending on the level of your profits you could be paying 19% for profits less than £50,000 and up to 25% for profits greater than £250,000. There are ways to get relief from Corporation Tax, one of these ways is by <a href="https://www.unbiased.co.uk/discover/tax-business/running-a-business/contributing-to-your-pension-via-a-limited-company-explained">contributing into a pension scheme as an Employer</a>. Not only does it help save for retirement, but it is also a tax efficient way of using the profits from your business since employer contributions are classed as an ‘allowable expense’. Where an individual can contribute either 100% of their earned income or up to the annual allowance of £60,000, whichever is less, as an employer they can contribute the maximum allowance of £60,000 in a tax year even if the directors earned income is less than this. They could also potentially contribute more than this using ‘carry forward’. <a href="https://www.hl.co.uk/pensions/contributions/carry-forward-rule">Carry Forward</a> allows you to fulfil unused pension allowances which have not been used in the last 3 previous tax years including the current tax year, giving a potential pension contribution of £180,000 including tax relief.<h2 style="margin-left:0;"> Managing Income</h2> Another benefit to being a business owner is being able to minimise your tax liability by paying yourself in <a href="https://www.gov.uk/tax-on-dividends">Salary and Dividends</a>. A common strategy among company directors is to pay themselves salary up to their Personal Allowance of £12,570 and then take the rest of their desired income in dividends. There are benefits related to taking a salary which include entitlement to state pension and pension contributions, dividends are not classed as earned income so taking them on their own would not be beneficial to you. Compared to income tax, dividend tax is considerably less, and you also have an annual dividend allowance of £1,000 for the 2023/24 tax year, this reduces to £500 for the 2024/25 tax year.&nbsp;<h3>Income Tax Vs Dividend Tax Rates</h3><figure class="table"><table><tbody><tr><td style="border:1.0pt solid windowtext;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">&nbsp;</td><td style="border-bottom-style:solid;border-color:windowtext;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">Income Tax</td><td style="border-bottom-style:solid;border-color:windowtext;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.3pt;">Dividend Tax</td></tr><tr><td style="border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">Basic Rate</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">20%</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.3pt;">8.75%</td></tr><tr><td style="border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">Higher Rate</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">40%</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.3pt;">33.75%</td></tr><tr><td style="border-bottom-style:solid;border-color:windowtext;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">Additional Rate</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.25pt;">45%</td><td style="border-bottom:1.0pt solid windowtext;border-left-style:none;border-right:1.0pt solid windowtext;border-top-style:none;padding:0cm 5.4pt;vertical-align:top;width:150.3pt;">39.35%</td></tr></tbody></table></figure>&nbsp; For example, if taking a £30,000 a year income (not taking into consideration National Insurance Contributions), was to be paid purely as salary, the income tax liability would be approximately £3,486. However, if you took £12,570 salary, where no income tax would be payable, and then took the remaining £17,430 as dividends, using your £1,000 dividend allowance would mean the tax liability would be roughly £1,437.63. So achieving a saving of just over £2,000.&nbsp;It is worth noting that there are a few disadvantages to taking part of your income as dividends instead of salary which includes the fact that dividends do not reduce Corporation Tax liability as they are paid out of post-tax profits and dividend income can fluctuate year on year as they are dependent on the company’s profits. It is always best to speak with an accountant or tax adviser to ensure that you are taking income as tax efficiently as possible.<h2> Research &amp; Development&nbsp;</h2> Your company may be eligible for <a href="file:///C:/Users/mcqui/Downloads/•%09https:/www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief">Research &amp; Development (R&amp;D) Tax Reliefs</a> which will help reduce your Corporation Tax liability. To be able to qualify for this relief your company needs to be part of a project where the work being carried out is aimed at making an advance in science or technology and relate to your company’s trade, either your current trade or one that you will be starting based on the results of the Research &amp; Development.&nbsp; It could be that you are developing a new process, product/service or you may be working to improve an existing one. There are two types of R&amp;D relief:<ol><li>Small and medium Sized enterprise (SME) R&amp;D tax relief – aimed at companies with less than 500 staff and a turnover of under 100 million euros or a balance sheet under 86 million euros.</li><li>R&amp;D expenditure credit (RDEC) – Large companies, over 500 staff can claim this relief for working on R&amp;D projects.</li></ol> You can claim either of the above reliefs in your Company Tax Return. However you may need to submit a claim notification form to HMRC in advance of making the claim in your Tax Return, and you must submit an additional information form to support your claim.&nbsp; Information can be found on the Government website about what information you need to submit as well as when, and how to submit. By taking the time to strategise and plan for the end of the tax year, you can reduce both your income and corporation tax bills, build retirement savings in an efficient way, and set money aside for the tax you do have to pay.&nbsp;For help planning your taxes, don't hesitate to<a href="https://www.aventur.co.uk/contact"> get in touch with our team</a>.<hr>*This article is for information only and should not be seen as advice or a recommendation to take action. Note that the value of investments can go down as well as up and you are not guaranteed to get all your capital back.** Aventur is authorised and regulated by the financial conduct authority. &nbsp;The financial conduct authority does not regulate tax planning and some forms of business financial planning.*** Aventur cannot be held responsible for content on 3rd party websites.

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How to Prepare for the End of the Tax Year

<h1>Our Spring Budget 2024 key points</h1>Our Spring Budget 2024 predictions were all about how the government would navigate the competing challenges of inflation, cost-of-living pressures, and a sluggish economy.So, let's see how those predictions stacked up against the actual announcements:<h2>Income Tax</h2>No changes to personal tax rates or allowances, as Income tax cuts were off the table this year.This means Main personal allowance and 40% thresholds will remain at same levels and will do so until 2027/28.<h2>National Insurance</h2>Further cuts to NICs beyond those announced in the Autumn Statement were expected – and they were confirmed.Employees class 1 NIC reduced from 10% to 8% with effect from 6th April 2024, and there was a cut in NIC class 4 for self employed to 6% with effect from 6th April 2024.The self-employed have had to pay flat rate Class 2 NIC for many years, which have conferred entitlement to State pension, as well as profit-related Class 4 NIC.As announced in the Autumn Statement, from 6 April 2024, Class 2 NIC will not be required to secure benefits for anyone earning above £6,725, saving £179.40 a year for those earning over £12,570.Anyone earning less than that can still pay Class 2 voluntarily in order to maintain a full contribution record; the Spring Budget included an announcement that the Government will consult later this year on how to achieve abolition of Class 2 for those affected.<h2>VAT Changes</h2>An increase in the VAT registration threshold to benefit small businesses was rumoured to be a possibility.The good news for small businesses arrived! The VAT registration threshold was indeed raised to £90,000 and £88,000 – the first threshold increase since 2017, and both will come into effect on 1st April 2024.It was announced during the Budget that these thresholds would be frozen, but there was no indication as to how long that might be for.<h2>Investment into UK Enterprise</h2>It was rumoured in the Autumn Statement that ISA investors could be encouraged to invest in UK listed shares.In the Spring Budget, the Chancellor announced a consultation on a new ‘British ISA’, which would give an additional annual allowance of £5,000 to be invested in British companies.However, no date has yet been set for the introduction of this product.<h2>Inheritance Tax (IHT)</h2>The rates for IHT nil rate band remains unchanged at £325,000 until the end of 2027/28, meaning the threshold has been the same since April 2009.Even though more people may be subject to the tax, the £175,000 ‘residential nil rate band enhancement’ on death transfers may reduce impact where it applies.Married couples may now be able to leave up to £1 million free of IHT to their direct descendants (£325,000 plus £175,000 from each parent), but the rules are complicated. Read our IHT Guide to see how current guidelines may affect you, or get in touch with our team for a more in-depth exploration of your situation.<h2>Child Benefit Reform</h2>The government seemed to heed the words of Martin Lewis and delivered a change in Child Benefit thresholds, which will be a welcome change for many.The threshold for the High-Income Child Benefit Charge was confirmed to be increased from £50,000 to £60,000 for 2024/25.A joint income review expected in the predictions wasn’t announced, however this is now expected to be reviewed in 2026.<h2>Cigarette and Alcohol Duty</h2>As expected, the 5p cut in fuel duty was indeed held steady.<h2>National living wage</h2>It was announced that from 1st April 2024, the National Living Wage will apply to those aged 21 and over rather than 23, and will rise to £11.44 per hour.<h2>Capital Gains Tax (CGT)</h2>The maximum rate of CGT on residential property was cut to 24%, exceeding predictions of it remaining unchanged.For this budget, the Chancellor seemed to prioritise tax breaks through reduced NICs and a higher VAT registration threshold, but held off on income tax cuts.This could suggest a plan to focus on stimulating business activity and immediate cost relief for workers, rather than long-term changes to income tax brackets. However, the announcement of a reduction in the CGT rate for higher-rate taxpayers on residential property was a surprising twist.This budget walked a tightrope between providing tax relief and managing a challenging economic climate. With the next election looming, it will be interesting to see how these measures play out in the coming months. If you have any queries relating to your finances, you can <a href="https://www.aventur.co.uk/contact">get in touch with us</a>.

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Spring Budget 2024 Key Points

<h1>Spring Budget 2024 Predictions</h1>With the 2024 Spring Budget being the last one before a general election, it will be interesting to see how the government balances ongoing inflation battles with a cost-of-living crisis, and a relatively sluggish economy.&nbsp;The cost-of-living crisis has put people’s finances in the public eye and is sure to be front and centre of the headlines at this election.&nbsp;Looking at the polls, we can see Labour are well out in front and the Tories will need to weigh up the amount of fiscal headroom they have (and cynically how much fiscal headroom they may want to leave behind!).&nbsp;Although faced with a sluggish economy and still not completely out of hot water with inflation, there are some positives for Chancellor Jeremy Hunt.&nbsp;For example, public sector net borrowing fell to £7.8 billion in December 2023 which is certainly a large number. However, it is still around half of the previous year and is the lowest since 2019.&nbsp;With the above in mind, what can we expect to see in the 2024 Spring Budget? Here are our predictions and what we’d like to see happen in March:<h2>&nbsp;</h2><h2>Income Tax Cut</h2>There has been speculation that any headroom at all would be used on a Basic Rate tax cut. Hinting that the rate of income tax at the marginal rate could be reduced to 18%.&nbsp;With the NIC cut in January, could we see even a 1% or 2% cut to the Basic Rate? It would certainly prove to be a popular decision.&nbsp;&nbsp;Perhaps now would be a good time to reverse some of the ‘silent tax hikes’ that we have seen with the frozen thresholds. It’s important to remember though that tax rates are different in Scotland.<h2>&nbsp;</h2><h2>VAT Changes</h2>If the government does opt for expansionary fiscal policy, another rumoured change could be to raise the VAT registration threshold.&nbsp;Whilst this could be good news for small businesses, it is important to consider how it would affect prices for everyday shoppers.<h2>&nbsp;</h2><h2>Investment into UK Enterprise</h2>Brexit unlocked new possibilities for encouraging investment in UK companies. And there is now greater flexibility regarding how incentives are applied to UK companies compared to foreign shares.&nbsp;It was rumoured in the Autumn Statement that ISA investors could be encouraged to invest in UK listed shares. So, it will be interesting to see if there are any further details released in next month’s budget.<h2>&nbsp;</h2><h2>Inheritance Tax (IHT)</h2>A potential end to inheritance tax is a possibility, although it has been downplayed by the Government.&nbsp;&nbsp;Only 4% of estates have been subject to the tax but it has proven to be unpopular. A change to IHT could prove to be a welcome tax break, costing the Government relatively little in lost revenue.&nbsp;Read our&nbsp;<a href="https://www.aventur.co.uk/blog/inheritance-tax-what-you-need-to-know">IHT Guide</a> to see how current guidelines may affect you.<h2>&nbsp;</h2><h2>Child Benefit Payment Reform</h2>After a lot of recent media attention, the current threshold for child benefit being based on a single person earning over £50k is likely to be reviewed.&nbsp;&nbsp;Currently, a couple with a combined income of £49k each is eligible for child benefit. However, if one partner earns £70k and the other earns £28k, they will not receive support. Therefore, we could see some changes and equalisation.&nbsp;&nbsp;Martin Lewis in particular has been campaigning for this change, so it is possible we will see some sort of movement on this issue.<h2>&nbsp;</h2><h2>Cigarette and Alcohol Duty</h2>Cigarettes and alcohol are always easy wins for tax from the government. However, it has previously been hinted that alcohol duty may not increase in this budget. &nbsp;This may be different in Scotland.&nbsp;<h2>Conclusion</h2>Ultimately, we all want tax cuts that put more money in our pockets. This could boost spending, savings, and potentially even influence interest rates. And a strong economy benefits everyone, so we hope the Chancellor considers this.&nbsp;Whatever the Chancellor has in store for the budget, we’ll be ready to review and dissect what any changes may mean for you and your finances. If you have any queries relating to your finances, you can&nbsp;<a href="https://www.aventur.co.uk/contact">get in touch with us</a>.

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Spring Budget 2024 Predictions

<h1>How to Invest: Our 10 step Guide</h1>When working with clients who haven’t used a holistic financial planning service like Aventur before, we often get feedback that it was a completely different experience (and usually more enjoyable) to what they were expecting when reaching out to us for help.One of the most common misconceptions that we encounter is that we are stock picking ‘wizzes!&nbsp;We are qualified investing experts and we do our research. However, we can’t give you 10 stocks that will make you a guaranteed 50% return over the next year.And we can’t tell you whether Bitcoin is going up, down, left, or right. (Ps. if anyone actually can do the above, please do get in touch as we want you managing our portfolios!)So, if we can’t make you rich quick, what can we do when you ask us for advice on your investment portfolio?Our job is to understand where you are now. Learn exactly where you want to get to, and put a plan together to help you get there. You can read some of the benefits of financial planning in our&nbsp;<a href="https://www.aventur.co.uk/learn/guide-financial-planning">comprehensive guide</a>.For clients with long-term goals, this will usually involve some element of investing.Read our 10 step guide below, and learn how Aventur will help you invest to reach your financial goals!<h2>Getting to Know You</h2>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Firstly we’ll have a quick call with you to introduce ourselves, and understand a little bit about what you’re looking for.This isn't usually too intensive – just enough to make sure that we are able to do the preparation needed for you at our first meeting.This also gives you an opportunity to gather a few bits of information we need as “homework” ahead of the first meeting.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The first meeting will generally be an opportunity for us to get to know you, and for you to ask questions about us and what we do.Ultimately, not every adviser is right for every client and vice versa – we are all about long-term relationships; so, it needs to be a good fit.If it seems like we're a good fit, we’ll then need to know more about you. We will need to get a little nosey as this will involve your finances, but we’ll also ask about your family, and what you want to achieve in life!We’ll ask questions like: what does that dream retirement look like for you? How much do you want to spend each year on cruises? What do you want the budget to be for the Porsche you are buying yourself as a retirement gift?<h2>Follow Up and Planning</h2>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shortly after our meeting, we will send you our follow up.This isn’t advice at this stage but is a summary of what was discussed with a few of our initial thoughts on what you might do and a proposed action plan.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Often alongside our follow up, we will also need your help by signing any letters of authority to allow us to liaise with your current providers.&nbsp;We will also need you to engage us formally by signing our client agreement, which outlines key information and tells us that you want us to get to work!<h2>Analysing Your Portfolio</h2>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Once we have received the relevant paperwork, we’ll get busy contacting your current providers.We are independent advisers, and the benefit of this means that we can look at how your finances are currently set up and see if there is a better option.We don’t have set products to sell you, so to be able to identify potential improvements to make to your investment strategy and plan, we need to analyse exactly what you have, what service you’re getting, what returns you are getting and what you are paying.This process can take a little while to complete, as there are several parties involved – so you can expect to see weekly updates on where we are with this.<h2>Your Risk Profile</h2>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whilst we are doing that, we will also usually need you to do a little more homework. It's important that your investment strategy is personal to you, and you're comfortable with the level of risk.We have created our own industry leading risk analysis and forecasting tool; so we'll send you a link to a short questionnaire to fill in.<h2>Your Personalised Plan</h2>7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Once we have your risk questionnaire and all the information we need from your current providers, it’s time for us to make our recommendation.This will outline what you have currently have. Whether it’s cash savings or investments, including how much it is costing you and how it is performing.We’ll then provide you with a recommendation on what course of action would help you to achieve your goals. This may be to increase contributions, change funds or, if necessary, move your investment completely.We’ll always provide reasoning behind our recommendation, and you can be assured we have done our research.&nbsp;We’ll provide a side-by-side comparison of cost and performance for you to compare, as well as our costs to carry out the recommendation for you.At Aventur we use a discretionary fund manager to run our model portfolios. This means you’ll have the peace of mind that your investments are being taken care of on your behalf, without the need to sign multiple forms when changes are made.<h2>Understanding and Approval</h2>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Once you’ve had our recommendation report and had some time to digest it, we will need to catch up to make sure that you understand it and are happy with it.We’re passionate about keeping things clear and understandable, and make sure our reports are easy to read. However, we appreciate that the amount of information means that you’ll have questions. This is why we’ll arrange another call to go through the advice and answer any that you may have.If you’re happy with the advice and wish to go ahead, we’ll provide you with the documents needed to get the ball rolling.As a certified B Corp, many of our processes are paperless, so you’ll be able to digitally sign your documents, allowing us to work more quickly and cost-efficiently.<h2>Taking Action</h2>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Once we have agreed a way forward and you have sent the documentation back, it's back to work again for us and our amazing administration team to make it happen!Part of our service is to give you peace of mind in delegating responsibility for your finances to professionals. Which is why we’ll send you updates at each stage of the process and ensure that the advice is carried out as quickly as possible.10.&nbsp;&nbsp;Once our recommendation has been carried out, you’ll receive conformation from us and from the provider confirming any actions that have taken place.So there you have it; how to invest with Aventur! At the end of this process, you'll have a portfolio put together by professionals, and a personalised plan to achieve your goals.&nbsp;<h2>Our Ongoing Service</h2>As your Financial Planners, we also provide an ongoing service. This means we're here to help you at any point, and once a year we will provide you with an annual review of your plan.We will usually plan to reassess your risk level in 12 months. This will also be to see if anything has changed that could impact the advice we provided previously.If you're interested in learning what we can do for you and your finances,&nbsp;<a href="https://www.aventur.co.uk/contact/">get in touch</a> with our team.&nbsp;<hr>*Capital at Risk. The value of investments can go down as well as up and you may not get back the full amount you invested.

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How to Invest: Our 10 step Guide

<h1>Financial Advice vs. Financial Planning</h1>People often use the terms "financial advice" and "financial planning" interchangably in the world of personal finance. But understanding the subtle differences between them can be the key to unlocking a more secure future.&nbsp;So, let's explore the crucial differences and benefits of both!<h2>Financial Advice: A Targeted Solution</h2>Imagine financial advice as a skilled mechanic diagnosing a specific issue with your car. You bring in your vehicle with a sputtering engine, and the mechanic pinpoints the faulty spark plugs. And then recommends a suitable replacement. This solves the current problem, but doesn't fully assess your car's health or future needs.Similarly, financial advice focuses on solving specific financial concerns; do you need help choosing the right investment for your short-term goals? A financial adviser can analyse your risk tolerance and suggest suitable options.Or, perhaps you're worried about optimising your tax allowance? An adviser can navigate the complexities of the tax code and recommend strategies to minimise your burden.<h2>Financial Planning: The Bigger Picture</h2>So, what about financial planning?Well, think of your car as more than just a machine; it is an important tool that takes you where you need to go. Similarly, a financial plan sees your finances as the driving force behind your future goals.&nbsp;Financial planning is like having an experienced architect draft a blueprint for your finances. They'll consider every aspect from your current income and expenses to your retirement dreams and estate planning needs.A financial planner will delve deep into your goals, risk tolerance, and financial constraints. They'll analyse your current financial situation, including your income, debts, assets, and liabilities. With this comprehensive understanding, they'll then:<ul><li>Develop a roadmap:&nbsp;This personalised plan outlines strategies to achieve your goals. This could be saving for a down payment on a house, building a nest egg for retirement, or funding your children's education.</li><li>Set a budget:&nbsp;They'll help you set a realistic budget spending plan that aligns with your goals and priorities. This will ensure you're not living beyond your means.</li><li>Recommend investment strategies:&nbsp;Based on your risk tolerance and time horizon, they'll suggest suitable investment vehicles to help your money grow.</li><li>Address risk management:&nbsp;They'll guide you on insurance coverage and other strategies to mitigate financial risks and protect your loved ones.</li><li>Regularly review and adjust:&nbsp;Life is dynamic, and so your financial plan should be able to adapt. Your planner will stay by your side, they'll review your progress and adapt the plan as your circumstances or goals evolve.</li></ul><h2>The Benefits of Financial Guidance</h2>Professional financial help offers more than just numbers; it provides targeted advice and a comprehensive plan. Here's how working with a financial professional can empower you:<ul><li>Peace of mind:&nbsp;Knowing your finances are in good hands can reduce stress and anxiety. This allows you to focus on what truly matters and what you enjoy.</li><li>Reduced risk of financial mistakes:&nbsp;With expert guidance, you're less likely to make costly mistakes. Like choosing unsuitable investments or falling prey to financial scams.</li><li>Increased financial literacy:&nbsp;Working with a professional helps you gain valuable financial knowledge and confidence. This can equip you to make more informed decisions in the future.</li><li>Greater accountability:&nbsp;Having a professional holds you accountable to your financial goals. This can be a powerful motivator keeping you on track for success.</li><li>Long-term financial security:&nbsp;By proactively planning for your future, you're taking control of your financial destiny&nbsp;</li></ul><h2>Finding the right fit: Your Financial Guide</h2>The financial landscape is vast, and navigating it requires the right guide. When choosing a financial advisor or planner, consider their qualifications, experience, and investment philosophy. Make sure they're regulated and authorised by the FCA; as this means they must prioritise your best interests. Don't hesitate to ask questions and interview multiple professionals before making a decision.Remember, investing in your financial well-being is an investment in your future. Whether you want a targeted solution to a specific problem or a comprehensive plan for your financial journey. Professional help can be the compass that steers you towards a brighter and more secure tomorrow.&nbsp;So, take the first step, explore your options, and embark on the path to financial empowerment.&nbsp;As a starting point, why not check out our <a href="https://www.aventur.co.uk/learn/guide-financial-planning">Comprehensive Guide to Financial Planning</a>!

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Financial Advice vs Financial Planning: What's the Difference?

<h1>10 Tips to get Your Finances Back on Track after Christmas</h1>The festive season can be a time for joy and connection, but it can also be a time of significant financial strain. During the busy holiday season, it's common to spend too much on gifts, parties, and trips. This can lead to financial problems after the holidays are over.By planning ahead and looking at what you spend, you can take control and get back on track with your finances. Here are our top 10 tips:<h2>1. Acknowledge Your Spending</h2>First, you need to determine the extent of your overspending. Gather all your receipts, credit card statements, and any other records of your holiday expenses.Then review these carefully to assess the total amount you've spent beyond your budget. This assessment will provide a clear picture of the financial hurdle you need to overcome.<h2>2. Identify Your Overspending Habits</h2>After understanding your spending, you should learn why you overspent. Were you lured by attractive holiday discounts, or did you feel pressured to keep up with others' gift-giving habits?Understanding your motivations will help you develop strategies to avoid similar situations in the future.<h2>3. Create a Realistic Budget</h2>The next step is to set yourself a budget that you can stick to. A well-structured budget is the foundation for financial stability. After the holiday splurge, it's crucial to create a budget that aligns with your current income and expenses.Start by calculating your monthly income and subtracting essential expenses like rent, utilities, groceries, and transportation. You can put anything left over towards non-essential expenses, savings, and debt repayment.For help with budgeting, check out our guide to&nbsp;<a href="https://www.aventur.co.uk/blog/which-budgeting-method-right-for-you">which budgeting method is right for you</a>.<h2>4. Prioritise Your Debts</h2>If you have debts, remember that it's important to pay them off first. This includes any money you owe on your credit card or any overdrafts. By doing so, you can avoid incurring extra fees and interest.Focus on debts with the highest interest rate first to minimise the impact of compounding interest. Consider combining multiple debts into a single loan with a lower interest rate to streamline repayment.<h2>5. Implement Cost-Cutting Measures</h2>To free up additional funds for debt repayment and savings, identify areas where you can cut back on spending.Save money by cooking at home, cancelling unused subscriptions, and negotiating lower rates on phone or internet contracts.<h2>6. Explore Additional Income Opportunities</h2>If your financial situation is particularly challenging, consider exploring additional income opportunities.Taking on a part-time job, freelancing, or monetising your hobbies can provide a much-needed boost to your income.<h2>7. Get A Professional Opinion</h2>If you're struggling to manage your finances on your own, don't hesitate to seek professional assistance.A financial advisor can provide personalised guidance, create a customised plan, and help you make informed financial decisions. If you feel like you'd like to speak to our team, we'd love to hear from you! <a href="https://www.aventur.co.uk/contact">Get in touch with us here</a>.<h2>8. Control Your Spending</h2>Regaining financial stability requires a commitment to long-term financial discipline. It's important to avoid impulse purchases, set realistic spending limits, and prioritise saving.<h2>9. Plan for the Future</h2>To prevent similar financial setbacks in future holiday seasons, start planning and saving early. Set aside a specific amount each month to cover holiday expenses.This will help you avoid dipping into your emergency fund or taking on additional debt.<h2>10. Embrace a Minimalist Lifestyle</h2>Consider adopting a minimalist lifestyle to reduce spending and simplify your life.Decluttering your home and removing unnecessary possessions can free up space and reduce the desire and impulse to buy material possessions.<h2>Conclusion</h2>Overspending during the holidays is common. By planning in advance and exercising discipline with money, you can fix the situation and prevent any future overspending. Remember, financial recovery is a journey, not a destination. Be patient, stay focused on your goals, and you'll achieve financial stability and peace of mind.

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10 Tips to get Your Finances Back on Track after Christmas

<h1>How to Start Investing: A Beginner's Guide</h1>Venturing into the world of investing can be a scary prospect, especially for those taking their first steps. The numerous investment options, complex terms, and potential risks can leave even the most discerning individual feeling overwhelmed.But, investing doesn't have to be a daunting task. With a bit of knowledge and guidance, even novice investors can make informed decisions. You can confidently invest and help secure your financial future by navigating the investment landscape.&nbsp;To find out more, read on in our beginner's guide to investing!<h2>Understanding the Basics of Investing&nbsp;</h2>Before diving into the specifics of investing, it's essential to grasp the fundamental concepts. Investing involves committing funds to assets with the expectation of generating returns over time.Assets can range from stocks and bonds to real estate, mutual funds, and other investment vehicles. When you invest, you buy a part of something and get a share of its profits or increase in value, however this is not guaranteed<h2>Setting Your Investment Goals&nbsp;</h2>Investing is a personal endeavour, and your goals will shape your investment strategy. Whether you're saving for retirement, a down payment on a property, or simply aiming to grow your wealth. Clearly defined goals will guide your investment decisions and help you determine the most suitable asset allocation for your portfolio.<h2>Assessing Your Risk Tolerance&nbsp;</h2>Risk tolerance refers to your ability and confidence to withstand potential losses. Investing inherently involves some degree of risk, as the value of your assets can fluctuate. If you are uncomfortable with the possibility of losing money, you may opt for a more conservative investment strategy. If you're comfortable with taking additional risks, you may want to try a more daring strategy.<h2>Choosing an Investment Account&nbsp;</h2>There are many types of investment accounts to choose from. The one you choose will depend on your individual circumstances and financial goals. Common options include:&nbsp;&nbsp;&nbsp;<ul><li>Stocks and Shares ISAs are tax-efficient accounts that let you invest in various assets like stocks, bonds, and funds. You also get tax benefits on your investment returns.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Individual Savings Accounts (ISAs)&nbsp;are versatile accounts offering tax-free savings for various purposes. This includes cash savings, stocks, and shares, and Help to Buy ISAs for first-time homebuyers.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Self-Invested Personal Pensions (SIPPs) are retirement accounts provide tax-advantaged saving options for long-term financial planning.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Online Investment platforms offer a variety of investment options. These include mutual funds, ETFs, and robo-advisors, catering to a range of risk profiles and investment goals.</li></ul><h2>Diversifying Your Portfolio</h2>Why should you diversify your portfolio? Diversification is a cornerstone of successful investing. It involves spreading your investments across different asset classes, sectors, and geographies to mitigate risk. By diversifying, you help to &nbsp;reduce the impact of any single investment's decline on your overall portfolio.<h2>Investing Strategies for Beginners</h2>As a novice investor, it's important to start with a simple and straightforward investment strategy. Here are a few options to consider:<ul><li>Pound cost averaging: This strategy involves investing a fixed amount of money at regular intervals, regardless of market conditions. It helps you average out the cost per share, reducing the impact of market volatility.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Index investing: Index funds and ETFs track a specific market index, such as the FTSE 100. These provide broad exposure to a diversified range of UK stocks. Index investing can be a low-cost and efficient way to invest.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Robo-advisors: Online platforms provide automated investment advice and portfolio management. Based on your risk tolerance, investment goals, and time horizon. They provide a convenient and affordable choice for beginners who lack the time or knowledge to handle their investments.</li></ul><h2>Understanding Market Cycles&nbsp;</h2>Financial markets are not static. They experience periods of growth, known as bull markets, and periods of decline, known as bear markets. Understanding these natural market cycles is essential. Doing so will help you make informed decisions and avoid impulsive actions during market fluctuations.During bull markets, you might be tempted to chase high returns and make risky investments. However, it's important to remember that bull markets eventually end, and you should avoid taking on excessive risk.Conversely, during bear markets, you may experience fear and uncertainty, leading to you wanting to make panicked decisions. It's crucial to keep calm and avoid selling investments out of fear. Bear markets eventually give way to new bull markets. By staying invested and on track with your strategy, you can benefit from the eventual recovery.<h2>Managing Your Emotions</h2>Investing can be an emotionally charged endeavour. Experienced investors will also feel fear, greed, and uncertainty, especially when the market changes. But, these emotions can cloud judgment and lead to irrational investment decisions.Developing emotional discipline and avoiding making impulsive decisions based on emotions is crucial. This requires a level-headed approach and the ability to separate emotions from investment decisions.One way to manage this is to establish clear investment goals and a well-defined investment plan. Having a plan in place can help you stay focused and avoid making rash decisions based on fear or greed.&nbsp;Understanding that market fluctuations are normal and to be expected is important. If you can manage your emotions and maintain a long-term perspective, you’re more likely to achieve your financial goals.<h2>Staying Informed</h2>To make smart investments, it is important to stay informed about economic trends, company news, and global events. These factors can greatly impact the markets in the ever evolving finance industry. This knowledge empowers you to make informed investment decisions and adapt your strategies accordingly.Regularly reading financial news, following company announcements, and staying abreast of economic developments can provide valuable insights into market conditions and potential investment opportunities.Thinking about factors such as interest rates, inflation, and global economic growth is crucial. These factors have the potential to impact the performance of various types of investments.By being informed, you can make better decisions, reduce risks, and improve your investment strategies for long-term success.<h2>Reviewing and Re-balancing Your Portfolio</h2>As market conditions change and individual circumstances evolve, it's crucial to regularly review your portfolio and adjust as needed. This ensures that you align the portfolio with your current risk tolerance, investment goals, and time horizon.Regular portfolio reviews involve assessing the asset allocation, evaluating the performance of individual investments, and identifying any potential risks or deviations from the desired investment strategy.If necessary, rebalancing the portfolio may involve selling under-performing assets and re-allocating funds to more suitable investments. This helps maintain the desired asset allocation and optimise the portfolio's overall performance.Regular portfolio reviews and re-balancing are essential to ensure that investments remain aligned with your evolving needs and goals.<h2>Long-Term Perspective</h2>Investing for the long term is crucial for achieving significant wealth creation. Even though the market can change rapidly, it is crucial to maintain focus on long-term goals. It is also important to adhere to a disciplined investment strategy to achieve success.Short-term gains often come with increased risk, and for those who focus solely on day-to-day market movements may make impulsive decisions that could jeopardise long-term financial objectives.Instead, adopt a long-term perspective. Focus on building a diversified portfolio that aligns with your risk tolerance and investment horizon. If you are patient and stay invested, you can benefit from market ups and downs. This will help you grow your money over time and reach your financial goals.<h2>Seeking Professional Help</h2>Getting help from a financial advisor is very valuable when investing, even if you can do it yourself. A qualified advisor can develop a personalised investment plan tailored to your specific needs, goals, and risk tolerance. This will ensure your investments align with your financial aspirations.Remember, investing is a journey and not a sprint, and you won't see results over night. Staying disciplined, patient, and focused on your long-term goals is important. With time, consistency, and sound investment decisions, you can achieve your financial objectives and build a secure financial future.<hr>For more resources about investing, visit the below:<ul><li>The Financial Conduct Authority (FCA) has a website with information on investing for beginners:&nbsp;<a href="https://www.fca.org.uk/">https://www.fca.org.uk/</a></li><li>The Money Advice Service has a website with information on investing:&nbsp;<a href="https://www.moneysavingexpert.com/news/tag/money-advice-service/">https://www.moneysavingexpert.com/news/tag/money-advice-service/</a></li></ul>*The value of investments can go down as well as up and you may not get back the full amount you invested. This article is for information purposes only and should not be taken as individual advice. Authorised and regulated by the Financial Conduct Authority.

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How to Start Investing: A Beginner's Guide

<h1>Which budgeting method is right for you?</h1>Budgeting and saving are two of the most important aspects of personal finance. A budget can help you track your income and expenses, identify areas where you can cut back, and reach your financial goals. Saving money can help you build an emergency fund, afford major purchases, and retire comfortably.There are many different budgeting and saving methods out there, so it's important to find one that works for you and your lifestyle. Here are a few of the most popular methods, along with their pros and cons:<h2>50/30/20 budget</h2>The 50/30/20 budgeting method is a simple and effective way to prioritise your spending. With this method, you divide your income into three categories: needs, wants, and savings.<ul><li>Needs:&nbsp;This category includes essential expenses such as housing,&nbsp;food,&nbsp;transportation,&nbsp;and healthcare.</li><li>Wants:&nbsp;This category includes non-essential expenses such as entertainment,&nbsp;dining out,&nbsp;and travel.</li><li>Savings:&nbsp;This category includes money you're saving for short-term and long-term goals. Such as an emergency fund,&nbsp;down payment on a house,&nbsp;or retirement.</li></ul>Pros:<ul><li>Simple and easy to follow</li><li>Helps you prioritise your spending</li><li>Can help you reach your financial goals</li></ul>Cons:<ul><li>May not be flexible enough for everyone</li><li>Can be difficult to stick to if you have a lot of debt or unexpected expenses</li></ul><h2>Pay yourself first method</h2>The pay yourself first method is another simple and effective way to save money. With this method, you set aside a specific amount of money from your salary each month before you pay any other bills. This ensures that you're saving money consistently, even if you have unexpected expenses come up.Pros:<ul><li>Easy to implement</li><li>Forces you to save money,&nbsp;even if you don't have a lot of extra cash</li><li>Can help you reach your financial goals faster</li></ul>Cons:<ul><li>Can be difficult to stick to if you have a lot of debt or unexpected expenses</li><li>May not be flexible enough for everyone</li></ul><h2>Zero-based budget</h2>A zero-based budget is a more detailed budgeting method that accounts for every dollar of your income. With this method, you start by listing all of your expenses, both fixed and variable. Then, you assign each dollar of your income to a specific expense or savings goal.Pros:<ul><li>Very detailed and comprehensive</li><li>Helps you track your spending and identify areas where you can cut back</li><li>Can help you reach your financial goals more quickly</li></ul>Cons:<ul><li>Can be time-consuming to set up and maintain</li><li>May be difficult to stick to if you have a lot of debt or unexpected expenses</li></ul><h2>The Envelope System</h2>The envelope system is a budgeting method that uses cash instead of cards like credit or debit. This method is also known as cash stuffing. With this method, you withdraw a specific amount of cash for each expense category at the beginning of each month. Once you have spent all the cash in a particular envelope, you cannot spend any more in that category.Pros:<ul><li>Very visual and easy to track your spending</li><li>Can help you avoid overspending</li><li>Can help you stay disciplined with your budget</li></ul>Cons:<ul><li>Can be inconvenient to carry around cash</li><li>May be difficult to track your spending if you have a lot of different expenses</li><li>Can be difficult to adjust your budget if your income or expenses change</li></ul><h2>Which budgeting method is best?</h2>The best budgeting method for you is the one that you can stick to. If you're not sure which one to choose, start with the 50/30/20 budget or the pay yourself first method. These are both simple and effective, and they can help you start saving money right away.Once you've been using a budgeting method for a while, you can adjust it to fit your specific needs and goals. For example, if you're trying to save for a down payment on a house, you may want to save more of your income.It's also important to review your budget regularly and make adjustments as needed. Your financial situation can change over time, so your budget should change too.

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Which Budgeting Method is Right for You?

<h1>What is Ethical Investing?</h1>Ethical investing, also known as socially responsible investing (SRI), sustainable investing, or impact investing, is a type of investing that considers the environmental, social, and governance (ESG) factors of companies in addition to their financial performance.&nbsp;Ethical investors want to invest in companies that are making a positive impact on the world and that align with their personal values.<h2>Why is ethical investing important?</h2>Ethical investing is important for a number of reasons.&nbsp;First, it lets investors align their money with their values. For many people, it is important to invest in companies that are making a positive impact on the world. Ethical investing also has the potential to generate good financial returns. Some studies have shown that ethical funds tend to perform at least as well as traditional funds over the long term.<h2>Examples of ethical investments</h2>Examples of ethical investments include:<ul><li>Companies that are leaders in ESG performance:&nbsp;Some companies are leading the way in ESG performance. These companies commit to reducing their environmental impact, improving their social practices, and maintaining good corporate governance. Examples of companies with good ESG ratings include Microsoft, Apple, and Alphabet. &nbsp;</li><li>Companies that are working to address specific social or environmental challenges:&nbsp;Some companies are working to address specific social or environmental challenges. For example, some companies are developing renewable energy technologies, while others are working to improve education and healthcare in developing countries. Examples of companies that are working to address specific social or environmental challenges include Tesla, Enphase Energy, and International Development Finance Corporation. &nbsp;</li><li>Funds that track ethical indexes:&nbsp;There are a number of funds that track ethical indexes. These indexes invest in companies that meet certain ESG criteria. For example, the S&amp;P 500 ESG Index invests in the largest 500 U.S. companies based on market capitalisation, while excluding companies that engage in certain business activities, such as tobacco production and weapons manufacturing.</li></ul>Other ethical indexes may have different criteria, such as focusing on companies that are leaders in renewable energy or social responsibility. When choosing an ethical index fund, it is important to research the criteria used to select the companies in the index to make sure that it aligns with your values.<h2>How to get started with ethical investing</h2>If you want start investing ethically, there are a few things you can do.<ul><li>First, it is important to define your own personal values. What are the issues that are most important to you? Once you have a good understanding of your value, you can research companies that align with them.</li><li>There are a number of resources available to help you research ethical investments. You can find information on the websites of ethical investment firms, rating agencies, and non-profit organisations. You can also talk to a financial advisor who specialises in ethical investing.</li><li>Once you have identified some companies that you are interested in investing in, it is important to do your due diligence. This means researching the company's financial performance, ESG practices, and management team. You should also read the company's annual report and other public filings.</li></ul><h2>Different types of ethical investing</h2>There are a number of different types of ethical investing. Some of the most common types include:<ul><li>ESG investing:&nbsp;ESG investing is a type of investing that considers the environmental, social, and governance factors of companies in addition to their financial performance. ESG investors may invest in companies with good ESG ratings or in funds that track ESG indexes. &nbsp;</li><li>Socially responsible investing (SRI):&nbsp;SRI is a type of investing that focuses on investing in companies that are making a positive social impact. SRI investors may avoid investing in companies that are involved in harmful industries, such as tobacco or alcohol. They may also invest in companies that are working to address specific social challenges, such as poverty or climate change. &nbsp;</li><li>Sustainable investing:&nbsp;Sustainable investing is a type of investing that focuses on investing in companies that are environmentally sustainable. Sustainable investors may avoid investing in companies that have a negative impact on the environment, such as fossil fuel companies. They may also invest in companies that are developing renewable energy technologies or other sustainable products and services. &nbsp;</li><li>Impact investing:&nbsp;Impact investing is a type of investing that seeks to generate both financial returns and social or environmental impact. Impact investors may invest in companies that are working to address specific social or environmental challenges, such as climate change or poverty. They may also invest in funds that track impact investing indexes.</li></ul><h2>How to choose the right ethical investment strategy</h2>The best ethical investment strategy for you will depend on your individual needs and goals. Consider the following factors when choosing an ethical investment strategy:<ul><li>Your values:&nbsp;What are the issues that are most important to you? Do you want to invest in companies that are working to address climate change, promote social justice, or support sustainable development? &nbsp;</li><li>Your risk tolerance:&nbsp;How much risk are you willing to take with your investments? Ethical investments can be just as risky or as risk-averse as traditional investments. &nbsp;</li><li>Your investment goals:&nbsp;What are you hoping to achieve with your investments? Are you saving for retirement, paying for your child's education, or buying a home?</li></ul>Ethical investing is a great way to align your money with your values and make a positive impact on the world. There are many ways to approach ethical investing, so it is important to do your research and choose a strategy that is right for you.Ethical investing is also becoming increasingly popular. As a result, there are more resources and investment options available than ever before.When building your portfolio and choosing an ethical investment strategy, it is important to consider your values, risk tolerance, and investment goals. You should also do your due diligence on the companies and funds that you are considering investing in, or talk to a financial advisor who specialises in ethical investing.*&nbsp;The value of investments can go down as well as up and you may not get back the full amount you invested.

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What is Ethical Investing?

<h1>How to Talk to Your Parents About Money</h1>Are you afraid to ask your parents about money? Money is a sensitive topic for many people, and it can be especially difficult to talk to your parents about it. But it's important to have these conversations. Especially as you get older and start taking on more financial responsibility.Read on to get our tips on how to talk to your parents about money!<h2>Tips on how to talk to your parents about money:</h2><ul><li>Choose the right time and place. Don't try to have this conversation when you're both stressed or tired. Pick a time when you can both relax and focus on the conversation.</li><li>Be honest and open. Don't sugar-coat your situation or try to hide anything. Your parents are more likely to be understanding if you're honest with them.</li><li>Be specific. Don't just mention that you're struggling financially. Tell your parents what your specific financial goals are and how you think they can help you achieve them.</li><li>Be respectful. Remember that your parents may have different opinions than you. Be respectful of their opinions, even if you don't agree with them.</li><li>Be willing to listen. This is just as important as talking. Listen to your parents' concerns and try to see things from their perspective.</li></ul><h2>Specific financial topics you might want to ask your parents about:</h2><ul><li>Your current financial situation. How much money do you make? How much debt do you have? What are your monthly expenses?</li><li>Your financial goals. What do you want to achieve financially? Do you want to buy a house? Save for retirement? Pay off your student loans?</li><li>How your parents can help you. Are they willing to help you pay for college? Give you a loan? Help you create a budget?</li><li>Their own financial situation. How much money do they have saved? Do they have any debt? What are their retirement plans?</li></ul>It's also important to remember that talking to your parents about money must not be a one-time conversation. It's something you should continue to do throughout your life. Especially as your financial situation changes.<h2>Extra tips for talking to your parents about money:</h2><ul><li>Start by asking them questions about their own financial experiences. This will help you understand their point of view. As well as helping them feel at ease discussing their finances with you.</li><li>Be prepared to answer their questions about your finances. They may want to know how much money you make, how much debt you have, and what your financial goals are.</li><li>Be open to compromise. It's unlikely that you and your parents will agree on everything about money. Be willing to compromise and find solutions that work for both of you.</li><li>Don't give up if the first conversation doesn't go well. Try again later or use a different approach.</li></ul>If you're struggling to talk to your parents about money, there are a few resources that can help. You can talk to a financial advisor, a trusted friend or family member, or even a therapist. There are also many books and websites that offer advice on how to talk to your parents about money. If you're ready to set yourself some goals, check out our guide to <a href="https://www.aventur.co.uk/learn/how-to-set-smart-personal-financial-goals">setting SMART financial goals</a>.Talking to your parents about money is a big step, but it's one that can be very rewarding. By following these tips, you can make the conversation go more smoothly and get the support you need!

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How to Talk to Your Parents About Money

<h1>How to Protect Yourself from Financial Scams</h1>Financial scams are a growing problem in the UK. In 2022, UK consumers lost a combined £1.2 billion to fraud, according to the&nbsp;<a href="https://www.ukfinance.org.uk/policy-and-guidance/reports-and-publications/annual-fraud-report-2023">UK Finance Fraud Report</a>. This is a staggering amount of money. So it's important to be aware of the different types of financial scams so that you can protect yourself.<h2>Types of financial scam</h2>Here are some of the most common types of financial scam in the UK:<ul><li>Advance fee:&nbsp;This involves the promise of a large sum of money in return for a small upfront payment. For example, you might be told that you have won a lottery but need to pay a processing fee in order to claim your prize. Once you pay the fee, you will never hear from the scammers again.</li><li>Tech support:&nbsp;This involves the caller pretending to be from a legitimate tech company. Such as Microsoft or Apple. They will tell you that there is a problem with your computer and that you need to pay them to fix it. However, there is no real problem, and you will just be giving your money to the scammers.</li><li>Phishing:&nbsp;This involves the sending of emails or text messages that appear to be from a legitimate company. Such as your bank or credit card company. The emails or text messages will often contain a link that takes you to a fake website that looks real. Once you enter your personal information on the fake website, the scammers will steal it.</li><li>Emergency scams:&nbsp;These types of scam involves the caller pretending to be from a government agency. They will tell you that there is an emergency and that you need to pay them money immediately. However, there is no real emergency, and you will just be giving your money to the scammers.</li><li>Imposter scams:&nbsp;These types of scam involve the caller pretending to be someone you know. such as a friend, family member, or government official. They will often ask you for money or personal information.</li></ul><h2>How to Spot a Financial Scam</h2>There are a few things you can do to spot a financial scam:<ul><li>Be suspicious of any unsolicited emails or text messages.&nbsp;If you receive an email or text from someone you don't know, don't click on any links or open any attachments.</li><li>Be wary of any offers that seem too good to be true.&nbsp;If someone is offering you a large sum of money for a small upfront payment, it's probably a scam.</li><li>Don't give out your personal information to anyone you don't trust.&nbsp;This includes your name, address, phone number, bank account details, and credit card number.</li><li>If you're not sure if something is a scam, contact your bank or credit card company directly.&nbsp;They will be able to advise you.</li></ul><h2>What to Do If You Think You've Been Scammed</h2>If you think you've been scammed, there are a few things you should do:<ul><li>Report it to your bank or credit card company.&nbsp;They will be able to put a stop to any fraudulent transactions and help you get your money back.</li><li>Report it to&nbsp;<a href="https://www.actionfraud.police.uk/reporting-fraud-and-cyber-crime">Action Fraud</a>.&nbsp;Action Fraud is the UK's national fraud and cybercrime reporting centre. They will investigate what has happened and help to bring the criminals to justice.</li><li>Keep a record of everything related to the scam.&nbsp;This includes emails, texts, phone calls, and any other communication. This will help you with your report to Action Fraud and your insurance claim.</li></ul>Don't be afraid of asking for help. If you've been scammed, there are people who can help.By being aware of the different types of financial scams and taking steps to protect yourself, you can help to reduce your chances of becoming a victim.<hr>By following external links, you will be leaving the Aventur website, and we cannot be held responsible for the content.Source:&nbsp;<a href="https://www.ukfinance.org.uk/policy-and-guidance/reports-and-publications/annual-fraud-report-2023">https://www.ukfinance.org.uk/policy-and-guidance/reports-and-publications/annual-fraud-report-2023</a>

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How to Protect Yourself from Financial Scams

<h1>How to teach your children about money: A parent’s guide</h1>As parents, we want to equip our children with essential life skills. One of the most important skills for children to learn is how to handle money. Teaching children about money helps them make good choices, develop good money habits, and build a strong future.In this blog, we'll look at practical and engaging ways to introduce your children to the world of finance while making it fun for the whole family!<h2>Start Early, Start Simple</h2>Teaching your children about money should ideally begin at an early age. Begin with simple concepts like identifying different coins and their values.&nbsp;Encourage them to count money and make simple purchases with your guidance. As they grow, introduce more complex ideas such as budgeting and saving.<h2>Make Money Real</h2>Help your children understand the value of money by relating it to tangible things. Connect pocket money to chores or tasks around the house.&nbsp;For instance, you can assign a certain amount for washing the car or tidying their room. This way, they learn the correlation between effort and earning.<h2>Set Savings Goals</h2>Teach your children the power of saving by encouraging them to set goals. They may want to save for a new toy, a special outing, or even a charity donation.&nbsp;Use a piggy bank or a clear jar to physically represent their savings. Regularly celebrate their progress to keep them motivated.<h2>Introduce Budgeting</h2>As children enter school, it's an ideal time to introduce the concept of budgeting. Give them a small allowance and help them allocate it to different categories such as savings, spending, and charity. Teach them the importance of making choices and trade-offs while staying within their budget.<h2>Practice Smart Spending</h2>Teach your children to become savvy consumers by involving them in family shopping trips. Show them how to compare prices, read labels, and make value-based decisions. Discuss the difference between wants and needs, and encourage them to prioritise their spending accordingly.<h2>Encourage Entrepreneurship</h2>Foster an entrepreneurial spirit in your children by encouraging them to explore small ventures. It could be setting up a lemonade stand, selling handmade crafts, or offering services like pet sitting or gardening.&nbsp;These experiences help them understand the value of hard work, problem-solving, and financial independence.<h2>Lead by Example</h2>Remember, children learn by observing. Model good financial habits by being open and transparent about your own financial decisions. Discuss your budgeting, saving strategies, and responsible spending. Involve them in family discussions about money matters, such as planning for vacations or major purchases.<h2>Conclusion</h2>Teaching your children about money is an invaluable investment in their future. By starting early, making money tangible, setting goals, introducing budgeting, practicing smart spending, encouraging entrepreneurship, and leading by example, you'll equip them with vital skills that they'll remember forever.Remember, the journey to financial literacy is a marathon, not a sprint. Embrace the process, make it enjoyable, and watch your children grow into financially responsible adults.

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How to teach your children about money: A parent’s guide

<h1>Inheritance Tax: What You Need to Know</h1>Inheritance tax (IHT) is a complex topic, but it's important to understand the basics so that you can plan for your estate and reduce the amount of IHT you have to pay.This article gives an overview of IHT, and provides examples of what individuals may need to pay.<h2>What is inheritance tax?</h2>IHT is a tax on the estate of someone who has died, including all property, possessions, and money. The standard IHT rate is 40%. You only pay IHT on the part of your estate that's above the tax-free threshold, which is currently £325,000.<h2>Who has to pay inheritance tax?</h2>Not everyone has to pay inheritance tax. If the value of your estate is below the £325,000 threshold, then you won't have to pay any IHT.However, if the value of your estate is above the threshold, then you may have to pay IHT on the part of your estate that's above the threshold.<h2>Who is exempt from inheritance tax?</h2>There are a number of people who are exempt from inheritance tax, including:<ul><li>&nbsp;Your spouse or civil partner</li><li>&nbsp;Charities</li><li>&nbsp;Community amateur sports clubs</li><li>&nbsp;Certain trusts</li></ul><h2>What are the allowances?</h2>In addition to the £325,000 nil-rate band, there are a number of other allowances that can reduce the amount you have to pay. These include:<ul><li>&nbsp;The residence nil-rate band: This is an additional £125,000 allowance that can be used against the value of your main residence.</li><li>&nbsp;The agricultural property relief: This is a relief that can be claimed on the value of agricultural property.</li><li>&nbsp;The business property relief: This is a relief that can be claimed on the value of business property.</li><li>&nbsp;The rules around inheritance tax are complex and can change, so it is essential to stay up to date.</li></ul><h2>How is inheritance tax calculated?</h2><a href="https://www.aventur.co.uk/blog/inheritance-tax-what-you-need-to-know">Inheritance tax</a> is calculated by multiplying the value of the estate above the nil-rate band by the IHT rate. For example, if the value of your estate is £700,000 and you are not married or in a civil partnership, then you will have to pay IHT on £200,000 (£700,000 - £325,000 – £175,000).&nbsp;The current IHT rate is 40%, so you will have to pay £80,000 in IHT. This calculation includes the residential nil-rate band allowance.<h2>Ways to reduce inheritance tax</h2>There are a number of ways to reduce the amount of inheritance tax you have to pay. These include:<ul><li>&nbsp;Making gifts to your family and friends before you die.</li><li>&nbsp;Making a will and leaving your estate to your spouse or civil partner.</li><li>&nbsp;Using the residence nil-rate band and the agricultural property relief.</li><li>&nbsp;Setting up a trust.</li></ul><h2>Conclusion</h2>Your estate is a reflection of your life and your values, so it is important to plan for inheritance tax early. Through careful planning you can be prepared and reduce your IHT liability and ensure that your loved ones inherit your assets as intended.If you’re not sure where to start and want to understand your options, get in touch with our team who can help you understand and make the right decisions for your estate.<hr>*The Financial Conduct Authority does not regulate Inheritance Tax Planning or Estate Planning. Information correct at time of publishing.

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Inheritance Tax: What You Need to Know

<h1 style="margin-left:0;">The Truth About Greenwashing: How to Spot It and Avoid It</h1>In recent years, more and more companies have been promoting their products as "green" or "eco-friendly." While this may seem like a positive trend, it's important to be aware of greenwashing – the practice of making false or misleading claims about the environmental benefits of a product or service.Greenwashing can be harmful in several ways. It can mislead consumers into thinking they are making a more sustainable choice, when in reality the product may have little or no positive impact on the environment. It can also undermine the efforts of truly sustainable companies, who are working hard to reduce their environmental impact and carbon footprint.So how can you spot greenwashing, and make more informed choices as a consumer? Here are some tips:<h2 style="margin-left:0;">Look for Specific Claims and Certifications</h2>Be wary of vague or general statements like "eco-friendly" or "sustainable." Look for specific claims about the product's environmental benefits, such as "made from 100% recycled materials" or "reduces water usage by 50%." Additionally, look for third-party certifications such as Energy Star, USDA Organic, or Fair Trade. These certifications are awarded by independent organizations and can provide more assurance that a product is truly sustainable.<h2 style="margin-left:0;">Check the Ingredients or Materials</h2>If a product claims to be environmentally friendly, check the ingredients or materials used to make it. Are they renewable, biodegradable, or non-toxic? If the company doesn't provide this information, it may be a red flag.<h2 style="margin-left:0;">Research the Company's Environmental Record</h2>Do some research on the company's environmental practices. Do they have a sustainability report or environmental policy? Have they been involved in any environmental controversies or lawsuits? If a company is truly committed to sustainability, they will likely have a transparent record and be willing to share their efforts with consumers.<h2 style="margin-left:0;">Look for Independent Reviews or Ratings</h2>Check for independent reviews or ratings of the product or company. Sites like GoodGuide, EcoLogo, or Green Seal provide ratings and information on the environmental impact of products and companies. Additionally, look for reviews from other consumers who have used the product and can provide honest feedback.By following these tips, you can avoid falling victim to greenwashing and make more informed choices as a consumer. Remember, every purchase you make has an impact – so choose wisely!<h2>ESG and Aventur</h2>Aventur offers all clients access to our specifically curated ESG investment portfolio. So, if you want your investments to make a positive impact on the planet <a href="https://www.aventur.co.uk/contact">get in touch</a> today to find out more!

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The Truth About Greenwashing: How to Spot It and Avoid It

<h1>Who are Aventur?</h1> Aventur's mission is to change the future for financial advice by giving you total control of your money, allowing you to be more informed and better provide for both you and your loved ones.Our mission is to transform the outdated, traditional Financial Advisor model and reduce costs through intelligent back-office systems, so that we can charge lower fees to our clients. We have completely changed the way financial advice can be accessed - meaning no more reports in the post or waiting for a meeting! Users can view all their financial information anywhere and at any time, so they can stay in control of their money.Our technology solution empowers users to make financial decisions through a uniquely transparent blend of information, education and sophisticated and automated machine learning. Users can set life goals, and allocate finances such as savings, pensions and investments to achieve them and take control of their financial future.<h2>How did we get started?</h2> The founding team behind the company, Stacey Body and Thomas Young, came together in 2020 and combined over 40 years of financial services experience to form a company to disrupt financial services. They had a clear vision to introduce innovation to a very traditional industry – which had long resisted change.To them, it was simple: expensive fees, long and inefficient processes, a lack of transparency and limited use of technology were holding the industry back. They knew that the IFA market had been particularly slow to adopt technology, and relied on traditional practices that were both inefficient and costly.With an estimated 15,000 financial advisors planning to retire in the next 5-10 years, they also noticed that the UK would soon be facing a serious financial advice gap. With less competition on the market, advisors were sure to increase their fees and make financial advice even more unaffordable than it already is. The outcome? An increasing number of people unable to afford financial advice - most likely to be those that need it most.Our founders couldn't let this happen. After discovering that they shared the same frustrations, and that they shared a dream to provide a solution to these issues experienced by customers, they combined forces to create Aventur! &nbsp;They built the business from the ground up with the intent of doing things differently, and believe that anyone - regardless of their financial position - should have total access to all their financial data, the opportunity to educate themselves around their finances and be able to seek quality and trustworthy financial guidance.Everything we do is built upon this belief. We embrace technology to simplify processes and increase efficiency, giving clients true value for money, control, and confidence. Our mission is to bridge the advice gap and teach investors what they need to know, reduce the cost of servicing clients and help people to access advice at a lower cost than has ever been possible, all while giving them complete control of their finances.<h2>What’s next?</h2> We are both challenging the outdated financial services industry, and demanding a better client experience by increasing transparency, knowledge, and wealth, all while reducing investment risk and most importantly, costs!Our mission is to focus on meeting the growing demand for a more modern, transparent, and affordable financial advice solution, and to address many of the problems in the industry, most of which have been further exacerbated by the recent global crisis.We are also passionate about our social and environmental responsibilities, and believe in putting the environment and wider society at the centre of how we operate, by balancing purpose and profit, which is why we are a certified B Corp organisation and offer clients a dedicated ESG investment portfolio.Ready to take control of your financial future? Join us on our mission to revolutionise financial advice and empower individuals like you. Contact us today to learn more and start your journey towards financial freedom and transparency.

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Your Essential Guide to Estate Planning