News

See below news articles that we feel may be of interest to you.

Local financial adviser helps clients cash in on their marriage vows

14 February 2017

Are you struggling to find the perfect gift for your better half this Valentine’s Day? This year, instead of splashing the cash on a dozen red roses or expensive chocolates, why not give your loved one the gift of a reduced tax bill?   A Cramlington-based financial advice firm is encouraging its clients to realise the full worth of their marriage vows and take advantage of HMRC’s marriage allowance.   Managing director at Explore Wealth Management, Stephen Sumner, explained:   “Whenever I meet with a new client, one of the first things I check for them is that the correct level of income tax is being deducted from their monthly income. More often than not I find that married couples are not claiming the marriage allowance.   “The marriage allowance is a lit...  (Read More)

Football club nets new deal with Explore Wealth Management

19 September 2016

Explore Wealth Management, one of the North East’s longest established independent financial advisers, has teamed up with a local football club to help them relocate to new and better facilities. With the help of sponsorship from the Cramlington-based firm, Cramlington Town FC has expanded to a new site at East Hartford, in addition to its original location at Cramlington Sporting Club. The new playing fields include one full size pitch, one nine-a-side pitch and two mini-soccer pitches. Stephen Sumner, managing director of Explore Wealth Management said: “It is a pleasure to support Cramlington Town FC and see the facilities improve. The club is an important part of the community and the new pitches at East Hartford will enable more children and adults to ...  (Read More)
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How to spot a pension scam

08 June 2016

Pension scams are sadly on the rise as new pension flexibility rules have attracted fraudsters who tend to target those in their 60’s with pension pots in excess of £10,000.   If you have any concerns about pensions cams contact us or click on the link below for guidance as to how to spot a pension scam.     https://www.moneyadviceservice.org.uk/en/articles/how-to-spot-a-pension-scam      (Read More)
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Dividend tax changes

02 June 2016

Since April 2016, the way individuals are taxed on dividend income has altered significantly with a new £5,000 per annum tax free income annual allowance.   This may affect you and your investments in terms of what are the most suitable tax wrappers to use for your capital.   See below an article that explains more: -   http://www.thisismoney.co.uk/money/investingguides/article-3505972/Will-dividend-tax-changes-5-000-allowance-save-money.html   If you would like us to explain more, get in touch today.  (Read More)