Goodall-Smith Wealth Management is title sponsor of the Scratch Dongola and Amy Goodall-Smith has been entering the regatta (and winning!) since she was a child.

In rowing, balance isn’t a luxury – it’s everything. An elegant stroke relies on precision, timing, and perfect sync. Wealth, it turns out, is much the same. There’s an art to knowing when to pull hard, when to coast, and how to ensure those alongside you – your family, your business, your future – are all moving in the right direction.

At Goodall-Smith Wealth Management, we often meet clients facing a familiar dilemma: how to enjoy the money they’ve worked hard to earn while still protecting it for the next generation. It’s a fine balance. Enjoy too much now, and there may be little left to pass on. Save too much for later, and you risk missing the point.

The good news? With the right planning, you don’t have to choose.

This year, the financial landscape is shifting. Changes to agricultural and business reliefs, along with proposed pension reforms, are prompting many families to revisit their legacy plans.

For years, pensions have been a powerful tool for passing on wealth tax-efficiently, often sitting outside the estate for Inheritance Tax (IHT). But from April 2027, that may change. The government has signalled its intention to include pensions within the taxable estate.

With IHT thresholds frozen and property values rising, more estates are drifting into taxable territory.

But where there’s complexity, there’s also opportunity.

Simple steps – structuring assets wisely, updating your will, using gifting allowances, or exploring tax-efficient investments – can make a real difference. These strategies help you support your children or grandchildren today while preserving your legacy for tomorrow.

As with rowing, financial balance takes more than strength – it requires rhythm, vision, and a steady course.

This summer, we’re offering a no-obligation Financial Health Check. Let’s ensure your finances are still aligned with your goals.

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 is dependent on individual circumstances.

Will writing involves the referral to a service that is separate and distinct to those offered by St. James’s Place. Wills are not regulated by the Financial Conduct Authority.

Goodall-Smith Wealth Management Ltd
0118 4665 005
goodallsmith@sjpp.co.uk
www.goodallsmith.co.uk
2a High Street, Twyford, RG10 9AE

Goodall-Smith Wealth Management Ltd 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) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products. The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives.

SJP Approved 27/06/2025