Financial Planning
How much money do you hold in cash accounts, like a current account or savings account? Figures suggest that millions of people are in a position to invest but are missing out on potential returns because they’re choosing cash. A new Financial Conduct Authority (FCA) campaign is aiming to reduce “investment harm”. This includes helping […]
If you read the financial sections of the newspaper, you may have come across the Theranos scandal recently. The company’s former CEO Elizabeth Holmes is facing accusations that she knowingly defrauded clients and investors. Investors in the Silicon Valley health technology company lost millions of dollars when allegations began to surface. The case of Theranos […]
Dividend Tax rates are set to rise, and it could affect the amount of tax you pay. The chancellor announced a hike in Dividend Tax rates, along with the introduction of a new Health and Social Care levy, to help plug the gap in public finances after the pandemic. The government has said that some […]
Your State Pension may only make up a relatively small portion of your retirement income, but it’s an important part of it, and so it’s crucial you understand your entitlement. The recent news of underpaid State Pensions shows that many people don’t know how much they should receive. More than £1 billion unpaid to pensioners […]
Accessing and paying for care have become big issues. As more people reach old age, more people will inevitably need some level of support as they get older. Now, the government has taken steps to fund social care and limit the cost to individuals. So, how does the new care cap work and who will […]
“Employment is up, investment is growing, public services are improving, the public finances are stabilising, and wages are rising.” This is the backdrop against which Rishi Sunak presented the 2021 Autumn Budget. Promising “a stronger economy for the British people”, the chancellor outlined his taxation and spending proposals. Here’s a summary of the key points […]