We are pleased to welcome Callum Robinson as a new member of the Client Manager team. He will be coming on board as a Trainee Client Manager, to help deal with the ever-increasing workload at Foresight. Callum has previously worked in the Hospitality Industry as a Manager and therefore has a great understanding of customer…
An exit strategy is something that every owner of a small business looks for. Even a one-person business still needs an exit strategy. The main questions that need to be answered are; how are you going to get your money out of the business and how much money are you going to get? Having an…
Entrepreneur noun 1. a person who sets up a business or businesses, taking on financial risks in the hope of profit. As George W Bush once allegedly said when discussing the decline of the French economy. “The problem with the French is that they don’t have a word for entrepreneur.” No one gets to the…
When businesses are set up initially, it is often done in a fuzzy haze of optimism, blind faith, and self-belief. However, further down the line, a healthy dose of realism needs to be injected into the heady mix. In this article, we explore what happens if one of the owners dies, and how to protect…
We are pleased to announce that Foresight is once again a Finalist in the Professional Adviser ‘Adviser of the Year Firm’ Awards 2021. These seek to reward excellence and are one of the most prestigious in the financial planning profession, with over 200 advisers, firms, and providers being considered for the 2021 awards. Foresight has…
Past experience has taught us that market environments that feature cheap financing, easy access to investments, the incentive to engage in speculative activity, and a technological or political “spark” tend to lead to bubbles. Bond prices are so elevated that a quarter of all global bonds are trading with negative interest rates. Tesla now has…
There are likely to be many long-term changes as a result of the current pandemic. Many people will be taking a long, hard look at their pre-COVID existences and starting to consider what is really important in life. The idea of selling the family business and sailing off into the sunset might well be a…
The rules have now changed on how ISAs can be passed on to spouses and civil partners upon death. These rules now allow for a Continuing Account of a Deceased Investor (CADI), which improves the rules on Additional Permitted Subscriptions (APS). The process of inheriting these assets is now simpler and more tax-efficient, meaning fewer…
“Asset rich, but cash poor” – it is a problem that many face in retirement. But exactly what does it mean? Assets are wealth that you own, whereas cash is money that can be spent without selling anything first. The last part of that definition is crucial and the reason why many people suffer a decrease in their standard of living when moving…
You have worked hard all your life, built up substantial assets, and simply want to pass these down to your children and grandchildren to give them a helping hand in life once you have gone. It is a common goal we hear when speaking with clients. However, as with many things in life, it is…
