Financial Planning
Throughout February there was one key global headline that had an impact on stocks, the coronavirus. What began in China a couple of months ago has spread across the world, including Europe, by the end of February. The International Air Transport Association has already warned that the virus could cost the industry nearly $30 trillion. […]
If you find yourself with a lump sum – perhaps through an inheritance, a bonus or because an investment has matured – you may be wondering what you should do with it. One of the common questions that we’re asked is ‘should I pay off my mortgage with a lump sum, or should I invest […]
Last month saw the launch of the latest new polymer banknote in the UK. The new £20 note was released in late February and becomes the third new banknote to enter circulation in the last four years. Considering that the £20 note is the most common note in this country, the introduction of a new […]
Back in 2017, more than 35,000 term life insurance policies paid out an average of more than £78,000. Nearly every claim was paid (98%) and tens of thousands of families/beneficiaries were supported following an unexpected bereavement, to the tune of £2.79 billion. However, HM Revenue and Customs figures from the same tax year (2016/17) show […]
When you picture your retirement, what do you imagine? For some, it may be relaxing on holiday or spending more time with loved ones. But more retirees are choosing this time to launch a business. Whilst retirement may have once been exclusively been associated with putting your feet up and unwinding. Today, it’s a milestone […]
One of the reasons why pensions are an excellent way to save for retirement is the tax relief you benefit from. Yet, figures suggest that pension savers could be missing out on millions of pounds that could boost their pension fund. What is pension tax relief? To encourage workers to save for retirement, the government […]