A recent survey1 suggests investors are becoming more confident despite ongoing challenges on the economic front. While this is certainly encouraging, maintaining a long-term outlook and retaining a strong sense of discipline in investment positioning remains a prerequisite for any successful investor. An air of optimism It’s fair to say 2022 was a turbulent year […]
Category archives: General Financial News
Starting early in the new tax year
A new tax year has begun and with it comes the chance to start your tax planning early, but why rush when there’s almost a year to go? Here are a few reasons: Why not get the new tax year off to the best start – get in touch. 1Vanguard, 2023 The value of investments […]
Spring Budget 2023 – key points
Chancellor Jeremy Hunt delivered the Spring Budget on 15 March declaring it to be “A Budget for Growth.” The fiscal update included a range of new measures, starting with the latest economic projections from the Office for Budget Responsibility (OBR): The Chancellor’s strategy for growth focuses on four pillars ‘Everywhere, Enterprise, Employment and Education.’ Key […]
Family Finances: get talking
New research1 suggests young adults and their parents are becoming increasingly comfortable talking about money matters, which should ensure future generations are much better equipped to tackle their financial affairs. Breaking the taboo Historically, intergenerational discussions about finances have too often been viewed as a no-go area, but the research suggests UK families are beginning […]
‘Magic’ scam warning
The Financial Conduct Authority (FCA) has warned pension holders to beware of scammers’ ‘magic tricks’ as research shows the economic squeeze is encouraging more people to withdraw pension savings. ScamSmart Britain’s financial watchdog recently launched its latest ScamSmart campaign aiming to give consumers the knowledge and tools to avoid scams. Over 700,000 pension plans were […]
Estate planning – take control
Inheritance Tax (IHT) is once again in the spotlight following the Chancellor’s decision to freeze IHT thresholds for a further two years until April 2028. Extending the frozen thresholds, together with rising house prices and soaring inflation mean that more estates are likely to be affected. IHT receipts on an upwards trend The latest IHT […]
Saving for their future
With the current generation of graduates typically leaving university with a mountain of debt, it is perhaps unsurprising that so many parents are now looking to ease the burden by investing on their children’s behalf. University challenge Government statistics show the average debt accumulated by a university student is currently around £45,000. Thankfully, graduates only […]
Improve your wellbeing
With financial concerns at the fore for many people, unfortunately it’s no surprise over half of adults have experienced anxiety as a direct result of rising bills, with a quarter suffering with feelings of depression as escalating costs take their toll, according to a new study1. Nearly half of adults are staying at home more […]
Retirement reboot?
Nowadays there are more choices open to you than ever before. This means there are more things you need to consider and have a plan for, like how to manage your finances to provide the income you’ll need to live on, how you’ll transition into full retirement and what lifestyle you want to enjoy in […]
Money – In the news
On your radar – CTFs His Majesty’s Revenue & Customs (HMRC) has reminded teenagers and people in their twenties to claim their matured Child Trust Fund (CTF) savings. CTFs are long-term savings accounts set up for every child born between 1 September 2002 and 2 January 2011. The government provided an initial deposit of at […]