FEELING THE PINCH
WOMEN MORE VULNERABLE TO COST-OF-LIVING CRISIS Throughout their lives, women face a number of challenges that can place them at a financial disadvantage compared to their male counterparts. This can include inequality of pay at work, taking career breaks or taking part-time positions due to an expectation they will take on greater responsibility for family […]
TIME TO GET YOUR RETIREMENT PLANS IN MOTION?
THREE IN FIVE BRITONS FEEL STRESSED ABOUT LATER LIFE PLANNING It’s only natural, in a world where most people are worried about things that are beyond their control – the rising cost of living, increasing inflation and interest rates that haven’t been seen for years – that you may also feel out of your depth […]
TAXING TIMES
TIME FOR A TAX HEALTH CHECK? With the current tax year having begun on 6 April 2022, the clock is ticking and it is important to utilise all the tax reliefs and allowances available to you before 5 April 2023 in order to minimise any potential liabilities. Personal tax planning should be at the top […]
NO ‘ONE-SIZE-FITS-ALL’ PROTECTION SOLUTION
HELPING YOU FEEL CONFIDENT YOUR FAMILY’S FINANCES ARE SECURE With a New Year comes resolutions. Everyone should make a resolution to review their protection and estate plans. A solid plan will help you feel confident your family’s finances are secure. The uncertainty of the past couple of years has shown how important it is to […]
PHASED RETIREMENT
PRE-RETIREES STARTING THEIR PLANS BUT WILL RISING LIVING COSTS HALT THEIR PLANS? Retiring early is a dream for many people and it is achievable for people who have been able to plan, save into a pension over a long period and taken financial advice to help them plan their finances. However, it can become a […]
DON’T MISS THE ISA DEADLINE
USE YOUR TAX-EFFICIENT ALLOWANCE OR LOSE IT FOREVER! Time is running out to take advantage of this year’s Individual Savings Account (ISA) allowances. You get one ISA allowance per tax year. So use it or lose it soon, when the tax year ends on 5 April. Any unused ISA allowance will not be rolled over […]
CHANCELLOR RETAINS STATE PENSION TRIPLE LOCK
STATE PENSION IS SET FOR A RECORD-BREAKING INCREASE FROM APRIL 2023 If you’re currently receiving or have been looking into the State Pension, then you’ve probably heard of the ‘triple lock’. But what is it? The triple lock was introduced in 2010. Its purpose is to make sure that the State Pension doesn’t lose value […]
MILLENNIALS WILLING TO FORGO INHERITANCE
HARDER TO SUPPORT BIGGER FINANCIAL COMMITMENTS OF OLDER GENERATION PARENTS Many people want to do what they can to ensure they maximise the amount they leave to their family and minimise Inheritance Tax, but working out how much you can afford to give away during your lifetime isn’t easy. With finances being stretched in all […]
INCREASING FINANCIAL SUPPORT FOR MILLENNIALS
COST OF LIVING CRISIS DRIVES EARLY INHERITANCE GIFTING The rising cost of living is cutting into even the most resilient saving pots and salaries, forcing many to re-consider their financial priorities, whatever their generation or income. Those millennials now turning 40 are facing very different challenges to when their parents were the same age; however, […]
SHRINKING SAFETY NETS
MORE PEOPLE SET TO DIP INTO EMERGENCY FUNDS Having money set aside can help to provide protection against any abrupt financial changes. A new report has identified one in four working households with savings (28%) have started dipping into them to meet rising living costs. A further 30% anticipate they will need to do so […]