Essentially Wealth Q1 Winter 2025 Quilter

Secure your financial wellbeing with smart planning in 2025

A new year is an ideal time to organise your finances. Financial wellbeing involves having a healthy relationship with your money while feeling secure and in control of your finances. It allows you to maximise your resources while being prepared for the unexpected. Here we take a closer look at some key steps you can take to secure your financial future, protect loved ones, and boost your wellbeing – all valuable resolutions for the year ahead.

Your pension

How is your retirement plan shaping up? Reviewing your pension, including the assets it’s invested in and the level of contributions you’re making, is a great way to ensure you’re on the right path. By taking these steps now, you’ll be better positioned to enjoy the retirement you deserve.

With our guidance, you can create a comprehensive financial plan that provides peace of mind for you and your family.

Keep your beneficiary forms up to date

Regularly updating beneficiary forms for your pension and other assets ensures they reflect your current wishes, helps avoid unnecessary complications, and ensures a smooth transfer of assets.

Secure more for your loved ones

By placing your life insurance policy in trust, you ensure that the payout remains outside your estate, making it exempt from Inheritance Tax (IHT). This straightforward step maximises the financial support your beneficiaries receive, giving you peace of mind and them a greater benefit.