Practice Update
Moving into Q2
The turn of March into April marks the final few days before the current tax year-end, and the start of a new quarter in a new location for the Keyplan Wealth team.
Still based in the New Forest, we’ve now relocated to our Brockenhurst office, where we look forward to welcoming new local clients and continuing to support our existing partnerships across the UK.
Tax year-end
The last month has been particularly busy, with many of our clients getting in touch to ensure they have taken advantage of all allowances and exemptions before the 5 April deadline.
Tax planning has become more challenging and more involved this year, particularly with all the upcoming changes to pensions in 2027. These changes are prompting many clients to reassess their contributions as part of their wider tax planning.
What we’ve been celebrating
We are pleased to announce that Felicity has now passed her R05 exam in protection, adding further valuable expertise to the team.
On a personal note, my son Theo’s second birthday at the end of January was an exciting milestone for me and the family.
And from a business perspective, the Practice continues to grow, with a number of new clients joining us over the course of 2025 and into 2026, and further growth expected over the coming year.
Geopolitical turbulence
It would be remiss of me not to mention the recent turmoil in the Middle East. Any conflict brings the risk of casualties, and my thoughts are with those affected both domestically and overseas.
From a market perspective, uncertainty can be concerning, but markets have reacted in a fairly muted way over the course of this week. Continued volatility throughout the course of this year is to be somewhat expected given heightened geopolitical tensions.
If you have any questions regarding how this may impact your own portfolio, then please do let me know.
The year ahead
Looking ahead, the start of the new tax year brings further opportunities to add to your tax-free savings, as well as resetting your tax strategy for the new tax year.
April is due to be another busy month, and I’m looking forward to the summer as the better weather seems to have landed here in the New Forest.
As always, please reach out if you have any concerns or queries around the effects of recent events and changes on your portfolio.
Although the content of the article was correct at the time of writing, the accuracy of the information should not be relied upon, as it may have been subject to subsequent tax, legislative or event changes.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.
