The Financial Conduct Authority (FCA) and HMRC have issued updates clarifying how tax-free pension lump sums work — and, importantly, when cancellation rights apply. Here’s what UK pension members, including NHS and private professionals, need to know. 1. What Has Changed? In its September 2025 statement, the Financial Conduct Authority (FCA) confirmed that withdrawing a […]
When planning how to protect and pass on your wealth, trusts can play an important role. They allow you to manage assets for family members or future generations while keeping control over how and when those assets are used. At Wealth Genius, we support individuals and professionals through inheritance tax planning in the UK, helping […]
As a doctor or GP, your focus is always on your patients — but protecting your own financial wellbeing and legacy is equally vital. Effective Estate Planning in the UKensures your wealth is managed, transferred, and protected according to your wishes, giving your family security and peace of mind. At Wealth Genius, we guide medical […]
Many people reaching retirement age are considering whether to take their tax free pension lump sum earlier than planned. For some, the goal is to pay off a mortgage. For others, it’s about buying a holiday home or accessing funds for lifestyle needs. With speculation about future tax changes, it’s natural to wonder whether now […]
Supporting Public Sector Pension Members Through Change What is the McCloud Remedy in the UK? Back in 2015, the government introduced major reforms to public sector pensions, creating the new 2015 Pension Scheme. Many NHS members were moved from their legacy schemes such as the 1995 or 2008 section into this reformed scheme, unless they […]
