Category archives: General Financial News

40% of life insurance policies in the UK are joint rather than individual  Joint life insurance policies can prove problematic when a relationship breaks down  Dual life cover offers separate, flexible protection for both partners  You’ve opened a joint bank account. You’ve signed up for a joint mortgage. So, a joint life insurance policy might […]

12% of HNWI’s are financially supporting both children and ageing parents  Many dip into pensions or restructure finances to fund family gifts  Balancing generosity with personal financial security is essential for long-term freedom  The ‘Bank of Mum and Dad’ (BOMAD) is well known to many aspiring or recent house buyers – but have you heard […]

IHT revenues are expected to hit £9.1bn in 2025/26, rising to over £14bn by 2030  Higher-rate taxpayers could miss out on £97,000 in extra pension wealth by not claiming full tax relief through self-assessment  Scrapping non-dom tax status may risk public revenues rather than boost them  IHT receipts continue to rise  HMRC figures1 show the […]

Trying to time the market often leads to missed opportunities  A well-diversified portfolio helps wealthier short-term volatility  Staying invested long term is key to building lasting wealth  April’s surprise tariffs announced by Donald Trump on ‘Liberation Day’ unsettled global markets and caused a sharp sell off from panicked investors. Trump announced a 90-day pause of […]

Investment optimism has surged, particularly among under-35s  Over half of 25-34s are now actively investing, with many planning to increase contributions  Long-term strategies can help convert confidence into meaningful financial outcomes  UK investors are showing renewed confidence, with last year marking a notable shift in sentiment – particularly among younger wealth-builders. According to research1, investment […]

UK Q1 dividends fell 4.6% but beat expectations  The headline total paid out to shareholders in Q1 was £14bn  UK holidaymakers are spending significantly more this year  Holiday spending soars  Planning to jet away on a summer holiday? If so, you’re in good company – 83% of UK adults1 are planning holidays this year. Interestingly, […]

Over half of fist-time buyers relied on family financial help in 2024 to get a foot on the ladder  BoMaD support averaged £55,572 per buyer across 173,500 transactions  Falling mortgage rates may reduce reliance on family, but not eliminate it altogether  More than half of first-time buyers relied on family to get on the property […]

Baby boomers hold over half of the UK wealth and should start legacy planning now  Gen X can benefit from early financial advice to simplify future decisions and manage inherited wealth  Millennials are motivated to build wealth and should start planning early to prepare for what’s ahead  The UK’s ‘great wealth transfer’ will see an […]

Nearly a quarter of brand cloning scams succeed, costing investors £2.7m in H2 2024  AI is fuelling more convincing scam tactics that mimic real firms  Verifying legitimacy before investing is more important than ever  Cloning scams are now the top fraud threat to people wanting to invest, a new study shows1. The Investment Association (IA) […]