Earlier this month, we were delighted to welcome Samantha to the Eldon team. She will be supporting us with both administration and paraplanning, and we’re thrilled to have her on board. We look forward to supporting her growth as she develops her career in paraplanning with us. Here’s a little bit about Samantha: “I joined …

Market Situation Trump’s ‘Liberation Day’ announcement of universal and country-specific tariffs has increased uncertainty in trading worldwide. As is typical, uncertainty leads to increased market turbulence. This US stance risks creating inflation and/or recession in various markets around the world. It is certainly big news. Markets have quickly adjusted to the prospect of lower company …

In a significant update for UK savers, the Prudential Regulation Authority (PRA) has today proposed an increase to the deposit protection limit under the Financial Services Compensation Scheme (FSCS), raising it from £85,000 to £110,000. The FSCS currently protects 100% of the first £85,000 held by an individual, per UK-regulated financial institution (not per account). Joint …

Financial scams have become much more prominent and sophisticated in recent years. A few examples that are concerning include those purporting to be HMRC, phone companies, and banks. These are all companies that people rely on and trust. With HMRC, we have recently seen an example of a scam letter, and at first glance, the …

Eldon welcomed Charlotte Scott as a new addition to the paraplanner team this month. Below is a short introduction from Charlotte: “I began my career in the financial services industry in 2020 as an Accounts Assistant and in 2022, I transitioned into a Paraplanning role, where I discovered that a customer-focused career path was the …

The deadline of 31st January 2025 for submitting Self Assessment tax returns for the 2023/24 tax year is fast approaching. If you need to submit a tax return, it is important to do so by the deadline to avoid paying late filing penalties. You can check whether or not you need to complete a tax return for …

Eldon’s office will close at 2:00 pm on Tuesday 24th December, reopening on Thursday 2nd January 2025. If you have any urgent questions over this period, please email them to enquiries@eldonfinancial.co.uk and we will make sure that you get a response. We would like to wish everyone a very Merry Christmas and Happy New Year.

Thirteen may be an unlucky number for some but not for Eldon. For the 13th year in a row, we have made the 2024 New Model Adviser Top 100! Citywire’s accolade marks the top 100 advice firms across the UK, recognising outstanding achievements and prominent leaders in the financial planning profession. We are proud to …

On Wednesday 30th October 2024, Chancellor of the Exchequer Rachel Reeves unveiled her long-awaited Autumn Budget. Here is a roundup of the main budget changes affecting personal finances: State Pension The Chancellor confirmed that the annual triple lock increases for State Pensions will be maintained for the remainder of this parliament. This will see a …

On 30th October, Chancellor of the Exchequer Rachel Reeves will deliver the Autumn Statement, the first delivered by a Labour government in 14 years. There has been much speculation in the media as to what may or may not be included in that statement, given tax rises on ‘working people’ have been ruled out. This …