Insights: January 2025

Your essential wealth management news

29 Jan 2025

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Welcome to the latest edition of Insights, your quarterly round-up of financial planning and investment management analysis and news. In this edition, we discuss planning ahead following the Autumn Budget. Our experts consider making plans instead of changes, a potential option for inheritance tax planning, and four asset classes that could impact your portfolio. We hope you find this useful. If any of this content prompts ideas or questions, please contact your usual Evelyn Partners adviser.

Make plans, not changes: why caution is needed ahead of proposed new inheritance tax rules

With a range of potential changes to pensions, inheritance tax, business relief and agricultural relief, it could be tempting to jump in and make changes to your financial plan. In this article, find out why you should proceed with caution over the coming months.

Working with a financial planner can help you to gain clarity over the options you have and give you the time you need to consider the benefits, and drawbacks, of different strategies.

Joanne Brown, Financial Planner

Making gifts from surplus income. Is this an option for your estate plan?

Here, we discuss how this little-used inheritance tax mitigation strategy could lead to big savings following the proposed changes to the inheritance tax treatment of pensions. You’ll find out what constitutes excess income, HMRC’s rules on this option, who the exemption could be useful for and the key benefits of making gifts in this way.

Four interesting asset classes in 2025

When looking ahead to the rest of 2025, we can see that there are some asset classes that could play an important part in your overall investment portfolio. Read to find out which ones we have chosen, along with the reasons why we believe they could be a good choice, while also highlighting potential risks.