Lycetts Insights


As the Lycetts insights below will attest, we provide our clients with more than just insurance solutions. This is because our experienced senior management team understands your needs and look to provide you with expert views on a wide variety of topics. Read our insights online now by clicking the topics below.


Inheritance tax and school fees planning

December 10, 2018

With boarding school fees in excess of £10,000 per term, the cost of a senior school education quickly mounts up.

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LYCETTS IS AWARDED CORPORATE CHARTERED INSURANCE BROKER STATUS

July 25, 2018

Lycetts has been awarded the prestigious corporate Chartered Insurance Broker status by the Chartered Insurance Institute (CII). Chartered status - granted by the Privy Council - is the industry’s gold standard and is awarded to firms which demonstrate commitment to the highest levels of excellence and professionalism among their staff.

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Personal tax update for the 2018/19 Tax Year

April 30, 2018

Other than a significant shift in the complexity of income taxes in Scotland there is little change to the personal taxes the affect savers and investors.

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Inheritance Tax Planning

October 2, 2017

The most recent Government figures reveal that 23,300 estates were liable for Inheritance Tax (IHT) in the 2014-15 year, providing the Inland Revenue with around £4.2 billion of income. This is an increase of 25 per cent from the 2013-14 tax year.

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Emily Young joins Lycetts Financial Services

June 23, 2017

Northumberland-based Emily Young is taking up a new appointment with Lycetts Financial Services, joining our Newcastle office as a financial advisor and will specialise in life and protection insurance.

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Key person insurance

May 22, 2017

According to research by Legal and General, 40 per cent of small businesses would cease trading within a year if they lost a key person. The smaller the business the more impact the loss of an individual will have. There are ways to mitigate such a loss and the most simple is Key Person Insurance (KPI - also known as key man...

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Workplace Pensions

May 4, 2017

All employers will have to provide employees with a workplace pension over the next few years

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March 2017 Budget

March 29, 2017

Detailed below are the main talking points from a financial planning perspective and Lycetts commentary where appropriate:

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To transfer or not? When it comes to Defined Benefit pension schemes, that is the question.

February 2, 2017

Defined Benefit (DB) Pensions are the Rolls Royce of pensions. These gold-plated pensions give a defined level of inflation-proofed income in retirement. However, like a Rolls Royce they are very expensive, which is why most employers no longer offer them to new employees.

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