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How to Plan for a Smooth Family Business Succession in London
1. Start Early — Much Earlier Than You Think Succession isn’t a single document; it’s a long-term process. In the UK, experts recommend starting planning 5–7 years before transition to prepare both financially and emotionally. According to PwC’s 2023 Family Business...
Three ‘finfluencers’ in court for first appearances
Three financial influencers – known as ‘finfluencers’ – have appeared in court having been charged as part of a global crackdown on illegal promotions led by the Financial Conduct Authority (FCA), one of the UK’s financial regulators. Charles Hunter from Exeter, Kayan...
Proposed contactless changes could help customers
The Financial Conduct Authority (FCA) is consulting on proposals to give card providers the flexibility to decide what contactless limit would be most suitable for their customers, which could bring greater convenience to people making larger purchases. Many card...
Common Tax Planning Mistakes Every Family Business Must Avoid
Running a family business in the UK isn’t just about growing your profits—it’s also about securing your legacy and making smart decisions for future generations. Yet many family businesses stumble into preventable tax mistakes that can cost time, money, and peace of...
Are we seeing the end of the ‘Bank of Mum and Dad’?
Children hoping they will get financial help from their parents as they get older may find they’re disappointed, as more than one in 10 retirees are cutting back on gifting, according to research from wealth manager Quilter. Rising financial pressures, such as the...
Clock is ticking for parents saving for university fees
The university year has just started for the latest undergraduates, but parents putting money aside for later cohorts have the pressure of time against them as they save to pay for future university fees. Nearly half (46%) of parents of under 18s are saving for their...
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