Financial Planning
In 2021, fraudsters stole £1.3 billion from consumers, according to a UK Finance report. The loss can be devastating to victims, both financially and emotionally. As criminals use increasingly sophisticated tactics, it is more important than ever that you’re aware of the red flags. This huge sum is despite the efforts of the banking and […]
The cost of living is rising. Reviewing your finances now is crucial for understanding what effect inflation could have on your lifestyle and long-term plans. Inflation was at an almost 40-year high. In the 12 months to August 2022, it was 9.9%. There are several factors contributing to rising inflation, including the conflict in Ukraine, […]
When you start thinking about how you’ll create an income in retirement, it’s probably your pension that comes to mind. Yet, if your estate could be liable for Inheritance Tax (IHT), it could make sense to use other assets first. IHT is paid after you pass away if the value of all your assets exceeds […]
If you’re planning your retirement and aren’t sure where to start, you may have come across “rules” to follow. While these could provide a useful baseline, some of them are outdated and, as they don’t consider your circumstances, may not be right for you. Here are three outdated pension rules you may have come across, […]
While dealing with the loss of a loved one, organising their affairs can be overwhelming. You may also need to make decisions and provide information to authorities and services. This guide is designed to help you understand what action you may need to take and what you need to consider, from whether Inheritance Tax is […]
The ongoing war in Ukraine, rising interest rates and soaring inflation could be pushing some economies towards recession in the coming months. This uncertainty has caused real volatility in global stock markets. Indeed, 2022 was the worst first half of the year for developed market equities in more than 50 years. As an investor, you […]