Financial Planning
The amount of Income Tax paid to HMRC has doubled since the turn of the millennium. With tax bands now frozen until 2026, more workers are likely to find themselves in the higher- or additional-rate tax band. It means it’s more important than ever to make use of allowances to make your money go further. […]
While protection for scam victims is improving, the startling truth is that most scammers are not caught, and victims lose their money. It can have a devastating impact on your financial security now and in the future. According to new statistics from Quilter, just 1 in 700 incidents of fraud resulted in a conviction in […]
Over your child’s life, you may have built up a nest egg to give them a helping hand as they become independent. If they’re planning to go to university, you may be thinking about using these savings so they don’t need to take out a student loan, but is that the best use of the […]
The age you can access defined contribution (DC) pensions is rising. Research suggests that many people are unaware of this, but it could affect your retirement plans. At the moment, you can access money saved into a DC pension scheme from the age of 55. However, from 2028, this will rise to 57. If you’d […]
When you think about your future, how far ahead do you plan? Perhaps you’ve thought about what your life will look like in 10 years, but have you considered your later years? While retirement planning is common, it’s often the early years of retirement that people focus on. However, your needs and lifestyle wishes can […]
The pandemic recovery continues to pick up pace in economies around the world. However, there are still reasons to be cautious and signs suggest the pace of growth is beginning to slow in some regions. According to the OECD (Organisation for Economic Co-operation and Development), the recovery is picking up for leading economies as vaccination […]