Financial News & Insights | Abram Partnership
Understanding pension drawdown
Taking control of your pension income means considering the tax consequences Pension drawdown enables you to take money from a defined contribution pension while keeping the rest invested. Rather than …
Should you give your home to your grandchildren?
Gifting your home could help your grandchildren, but may carry tax and financial risks For grandparents with substantial property wealth, gifting their home may seem an attractive way to give …
Securing income in retirement
Building financial security for later life Retirement no longer has to mean simply buying an annuity and receiving a fixed income for life. Since pension freedoms were introduced, people have …
How much pension do you need to retire at 50?
Achieving an early, comfortable retirement requires careful planning For many people, retiring at 50 sounds like the ultimate financial goal. Instead of waiting until their 60s, they could have decades …
How pensions could help parents avoid the £100k childcare cliff edge
Half of people are unaware that pension contributions can reduce adjusted net income Pensions are designed to help fund retirement, but they can also play a valuable role in wider …
Bringing your pensions together
A long-awaited way to view your pension savings in one place is finally taking shape For years, savers have been promised a simpler way to track their pension savings. The …
Could looking after grandchildren add to your State Pension?
A little-known National Insurance credit could reward you and give you a financial boost Providing regular childcare for grandchildren could do more than help your family. It could also help …
Upcoming changes raise concerns among savers
More than one in five adults report a decline in pension confidence The upcoming changes to how pensions are treated for Inheritance Tax (IHT) from 6 April 2027 appear to …
The true cost of raising a child in 2026
From childcare and essentials to education and everyday expenses Raising a child is a major financial commitment, with costs beginning long before school age. The latest figures from the Child …
Giving money or valuable possessions to loved ones
54% of over-55s have no record of gifts given in the previous seven years Giving money or valuable possessions to loved ones can be a generous way to provide support, …
Britons face Inheritance Tax confusion
How the gifting rules are leaving some families in the dark Inheritance Tax (IHT) can feel like a financial maze, and new research suggests many families struggle to understand the …
Ten years to go: is your retirement plan on track?
How to prepare your finances and make the most of the decade before retirement With retirement costs rising and people potentially spending several decades in later life, the decade before …