Pinnacle Wealth Management

As we start to think about the year ahead, it’s worth considering how your income impacts the amount of tax you pay. If you’re a higher-rate taxpayer earning between £100,000 and £125,140, the tapering of the Personal Allowance could mean you’re effectively paying a 60% income tax rate—more than you might have planned or budgeted for. To find out more, click here: https://bit.ly/TTINS #financialplanning #taxplanning #wealthmanagement

Where does true wealth lie? When special moments become lasting memories, how do we create the time to enjoy them? Are you on track to achieve the life you want and leave a lasting legacy created on your terms? Redefining Wealth Lifeplan Delivered by Pinnacle #PinnacleLifePlan #LifePlan #financialplanning #redefiningwealth #wealthmanagement

Santa, we’re ready! 🎄 From everyone at Pinnacle, we wish all of our clients, staff and their families a wonderful festive break, however you will be celebrating. And, if you find yourself using the time to catch up with your admin, the Pinnacle offices will be open between Christmas and New Year. (📷 Some of the management team getting into the festive spirit!) #pinnaclewealthmanagement #redefiningwealth #canarywharfbusiness #happyholidays

Christmas party antics! Festive frocks, awards and dancing! #redefiningwealth #workplacehealth #teamevent #teambonding

Are you more like Jack or Tom? Two work colleagues, earning the same salary but with very different approaches to life and money. Jack gets into a £5,000 a year savings habit early and takes advantage of the power of compounding, whereas his friend Tom starts later and as a consequence, misses out considerably. Poor Tom. Just by starting earlier, Jack not only has a bigger savings pot in his 60s but has also contributed for 18 YEARS LESS than Tom. The power of compound investing and staying invested. Figures shown here are based on yearly contributions of £5,000 at a 6% percentage interest rate, compounded annually. Balances shown are approximate based on deposits made at the beginning of each year. These figures are examples only and are not guaranteed. They are not minimum or maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. The value of an investment with St. James's Place may fall as well as rise. You may get back less than the amount invested. Avoid the cost of delay, be more like Jack. Read more at https://bit.ly/costofdn Pinnacle Wealth Management LLP is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 18/11/2024

Handling pressure. Who better to join us for a couple of sessions with the team this week than Calan Williams racing driver. We all have our different methods of managing stress to perform at our best, but we heard how it’s done in the motor racing industry. Insightful and inspiring. Special thanks to Calan and his manager and father Greg for spending the day with us and sharing a few tips with our Advisers and support team. Sam Fitzgibbon Joseph Milsom Farid Shawish Craig Hodgins Greg Williams Jo Berman #CalanWilliams #Motorsport #Sponsorship #PinnacleWealthManagement

Are you more like Jack or Tom? Two work colleagues, earning the same salary but with very different approaches to life and money. Jack gets into a £5,000 a year savings habit early and takes advantage of the power of compounding, whereas his friend Tom starts later and as a consequence, misses out considerably. Poor Tom. Just by starting earlier, Jack not only has a bigger savings pot in his 60s but has also contributed for 18 YEARS LESS than Tom. The power of compound investing and staying invested. Figures shown here are based on yearly contributions of £5,000 at a 6% percentage interest rate, compounded annually. Balances shown are approximate based on deposits made at the beginning of each year. These figures are examples only and are not guaranteed. They are not minimum or maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. The value of an investment with St. James's Place may fall as well as rise. You may get back less than the amount invested. Avoid the cost of delay, be more like Jack. Read more at https://bit.ly/costofdn Pinnacle Wealth Management LLP is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 18/11/2024

Time goes by in a flash, and before you know it you’ve got a few grey hairs and extra few pounds but most importantly, you could have missed out on doubling your savings. Every ten-year delay in starting to save could potentially wipe out approximately half of your fund growth. Here’s an example. If you saved £200 a month, how much would you have by age 68? Starting at: Age 20: £725,000 But at Age 30: £387,000 And, that doesn’t just reflect how much you have paid in, your savings pot benefits from compounding returns. That’s a £338,000 cost of delay if you leave it 20 years. Act now and your older self will thank you for it. Read more at https://bit.ly/costofdn Based on £200 invested each month, increasing by 2.5% a year: return 5% a year, compounded monthly, after charges. These figures are examples only and are not guaranteed. They are not minimum or maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. You could get back less than you invested. The value of an investment with St. James's Place may fall as well as rise. You may get back less than the amount invested. Pinnacle Wealth Management LLP is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 18/11/2024

One of our Adviser assistants, Fiyin Koledoye went back to her old primary school Surrey Square last week. It was an invitation to be part of the school's Aspiration Fortnight, where former pupils and parents come in to talk to and motivate the students. The children heard all about Pinnacle, Fiyin’s role within the business, and most importantly, what wealth management actually means! Here are Fiyin’s top tips for the 7 year olds, but also relevant to us all: 💡 Don’t be afraid to be different 💡 Always be curious! Ask questions 💡 Never give up and always try your hardest The children were left inspired with a new found knowledge of financial planning and the importance of saving. Imagine the compounding returns if we had all started saving and investing at 7 years old? #everydaysaschoolday #financialeducation #backtoschool #careeradvice #financialplanning

For every ten-year delay in starting to save, you could potentially wipe out approximately HALF of your fund growth. It’s hard to believe, isn’t it? If you are telling yourself you’ll start saving for retirement ‘when I can afford to’ or ‘when I’m earning more’ you’re at risk of leaving it too late and losing out considerably. Give your money more time to benefit from compounding returns. Avoid the cost of delaying, your older self will thank you for it. Read more at https://bit.ly/costofdn Based on £200 invested each month increasing by 2.5% a year, return 5% a year, compounded monthly, after charges. These figures are examples only and are not guaranteed. They are not minimum or maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. The value of your investment can go down as well as up. You could get back less than you invested. Pinnacle Wealth Management LLP is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 18/11/2024