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Abacus Wealth Services Get Ready To Raise Funds To Help Save Acorns Hospice

A leading Brierley Hill financial services company is getting behind the campaign to raise funds to secure the future of a Black Country hospice.

Colleagues at Abacus Wealth Services, in Two Woods Lane, have planned a programme of activity to support the bid to keep open Acorns Children’s Hospice in Walsall.

They plan to undertake a range of sporting and other fundraising challenges to contribute to the Save Acorns Black Country Hospice Appeal, which aims to collect £2m.

As an established Black Country business with a heritage of supporting clients in the region, Abacus Wealth Services recognise the impact of the work delivered by Acorns in the local community.

With a shared passion for helping the region, the Abacus management team are shaping plans to generate donations throughout 2021. Abacus Wealth Services have signed up to be a corporate partner for Acorns, designating the charity as their fundraising good cause and generating other chances to provide support including volunteering opportunities.

Daniel Paton, Financial Adviser at Abacus Wealth Services, said the team were pleased to support Acorns in their fundraising appeal. He said: “Everyone at Abacus Wealth Services is pleased to be able to play our part in raising funds for Acorns, who do such magnificent work for families when they need them the most.

“As a Black Country business, we understand the positive impact which the hospice has upon our region so we were delighted to become a partner to help get them to their target.

“We enjoy working towards a goal, so we look forward to completing our own challenges to be part of the bid to preserve Acorns’ excellent services. Being part of their campaign will be rewarding for our colleagues in these difficult times as no matter what, they are always pleased to give something back to the region where we live and work.”

Across its three specialist centres, Acorns Children’s Hospice provides specialist palliative care for children and young people with life limiting and life-threatening conditions along with support for their families.

The Black Country hospice, in Walstead Road, Walsall, is at the centre of a major fundraising appeal. The Save Acorns Black Country Hospice Appeal was launched to raise £2 million to help secure the longer-term future of the local lifeline.

Vicki Rowles, Head of Fundraising at Acorns Children’s Hospice, visited the Abacus team to officially announce their partnership. She said: “With the support of Abacus Wealth Services, we can be there for local families when they need us most.

“It is fantastic to see Abacus Wealth Services designate us as their charity partner to help the children, parents, brothers, sisters, nurses and volunteers at Acorns. Their support will directly benefit the hundreds of local life limited and life threatened children who use our Black Country Hospice.

“We remain hopeful and we are extremely grateful for those people and businesses like Abacus Wealth Services who have supported the appeal to ensure that Acorns in the Black Country is open to provide care and support.”

Since 2001, Abacus Wealth Services has built a reputation for providing individually tailored financial solutions to meet client needs and delivering exemplary customer service. No matter where clients want to go in life, the Abacus team of expert financial advisers have the knowledge and resources to help meet their financial goals.

To find out more about the charity partnership between Abacus Wealth Services and Acorns go to: https://abacuswealthservices.co.uk/acorns-childrens-hospice/

To read more about the Acorns appeal go to: https://www.acorns.org.uk/appeal

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Tax Health Check

Nigel-Round-SQ
With COVID-19 putting immense pressure on public finances, the time is right to review your tax position to prepare for the future, writes Nigel Round, Managing Director of Abacus Wealth Services.

If the events of 2020 have put life into perspective and you are thinking about your financial situation and how you shape your legacy to the next generation, now is the time to get expert help.

The impact of the measures put in place by Chancellor Rishi Sunak to support the economy through the pandemic has led to speculation about which parts of the tax system will change to restore the public purse.

Amid the uncertainty, the media has speculated about different scenarios apparently being considered to balance the books as the Government plans for recovery from the severe shocks caused by the COVID-19 outbreak.

The measures likely to be considered include raising Capital Gains Tax (CGT) and reforming Inheritance Tax (IHT). These will impact on many with investments in, for example, rental properties as well as those planning what happens when their estate is passed to the next generation.

While many people are aware of the need for inheritance planning, few people do anything about their potential liability. So few act, in fact, that the Government receives billions of pounds through IHT revenues each year.

Pension tax relief could come into the spotlight, with some experts suggesting we could even see the Government look at updating Council Tax and introducing a carbon tax.

Cutting through the speculation, Abacus Wealth Services are experts in helping clients at different life stages to manage their finances. We provide a tax health check, reviewing all aspects of your personal situation, to provide options for managing tax efficiently.

Working with you, we look at all aspects of tax to help you understand your situation. The resulting report, put together carefully based on your finances, will help you to make informed decisions about the best way forward.

Looking at different scenarios, as with all Abacus Wealth Services’s work, we put your personal circumstances at the heart of our strategy, ensuring that we see the bigger picture and not just a short-term solution.

Central to our business is the ethos that successful partnerships are built on a foundation of understanding and trust. We provide you with advice on investment planning for generating income, propose potential tax efficient investments and explain how to make the most of annual allowances.

Regardless of your current life stage and priorities, it is important to receive the right advice on your retirement planning requirements.

We understand that, in the current environment, running a successful business or career can take priority over the time spent on planning financial security.

It is no surprise that with the pressures posed by COVID-19, many may have little time to manage their finances effectively. A tax health check is just one of the simple ways you can feel more in control of your future.

As an eventful 2020 heads towards its end, make it your New Year’s resolution to take the time to understand your tax situation for whatever lies ahead.

To get in touch, click here: https://abacuswealthservices.co.uk/contact/

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 depends on individual circumstances.