{"id":8574,"date":"2022-10-19T13:28:47","date_gmt":"2022-10-19T12:28:47","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=8574"},"modified":"2022-10-19T14:46:21","modified_gmt":"2022-10-19T13:46:21","slug":"money-wealth-in-the-news","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2022\/10\/19\/money-wealth-in-the-news\/","title":{"rendered":"Money\/Wealth &#8211; In the News"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>With the next 30 years set to witness the largest ever intergenerational passing of wealth, the need for inheritance advice has never been greater. Intergenerational planning, however, can also help with more immediate financial needs, particularly when generations work collaboratively to find solutions that support the whole family both now and in the future.<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Healthy\ndividends<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>UK listed\ncompanies paid out \u00a337bn in shareholder dividends between April and June, up 38.6%\nfrom the same period last year, making Q2 the second largest UK dividend payout\non record<sup>1<\/sup>.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Large\none-off special payments were a key driver, but underlying dividends, which\nexclude these volatile specials, jumped by 27% to \u00a332bn, boosted by weaker sterling.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Pausing\npensions could be costly <\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Analysis<sup>2<\/sup>\nhas revealed that reducing or stopping pension contributions, even for a\nrelatively short period of time such as a year, can have a significant impact\non your final pension pot, with savers potentially being thousands of pounds\nless well off in retirement. Almost all (93%) of those surveyed said they are\nfeeling the impact of increasing costs and inflation. Whilst 77% expect to have\nto make cutbacks on spending or saving, an encouragingly low figure of 6% said\nthey would reduce their pension contributions. <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>LINK\nGroup, 2022<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>2<\/sup>Standard Life, 2022\n<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>The value of investments and income from them may go down. You may not\nget back the original amount invested. A pension is a long-term investment. The\nfund value may fluctuate and can go down. Your eventual income may depend on\nthe size of the fund at retirement, future interest rates and tax legislation.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With the next 30 years set to witness the largest ever intergenerational passing of wealth, the need for inheritance advice has never been greater. Intergenerational planning, however, can also help with more immediate financial needs, particularly when generations work collaboratively to find solutions that support the whole family both now and in the future. Healthy [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89,88],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/8574"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=8574"}],"version-history":[{"count":3,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/8574\/revisions"}],"predecessor-version":[{"id":8829,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/8574\/revisions\/8829"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=8574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=8574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=8574"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=8574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}