Category: Financial Planning

Are you keeping too much in cash?

Posted on December 2, 2020 by - Financial Planning

Savers holding onto extra cash during the COVID-19 pandemic

Some savers are putting their hard-earned money at risk by holding too much on deposit. Savers holding onto extra cash during the coronavirus (COVID-19) pandemic need to consider their long-term investment options, as new data shows the savings ratio for some people has increased during the pandemic.

Winter Economy Plan highlights

Posted on November 4, 2020 by - Financial Planning

What you need to know about the Chancellor’s announcement

At the end of September, Chancellor Rishi Sunak announced a new Winter Economy Plan, with new measures to support businesses and individuals through the economic impact of the coronavirus pandemic, as well as extensions of current measures. 

Planning for succession

Posted on October 28, 2020 by - Financial Planning

How you will ‘slice up your wealth pie?’ 

There is no easy way to say it – anticipating one’s death is an uncomfortable topic. Yet it is often worth pushing past the initial discomfort to pursue the potential rewards of effective wealth transfer planning. There are three places your assets can go at your death: to your family and friends, to charity or to the government in the form of taxes.

Supporting younger generations

Posted on September 30, 2020 by - Financial Planning

Giving grandchildren financial security is an important goal for many

If you are a grandparent, it’s natural to want to help out the family. And if you’re able to give a financial boost – whether it’s a loan or a gift – to the younger generation, it can be enormously rewarding for you too.

Navigating the financial impact of COVID-19

Posted on September 23, 2020 by - Financial Planning

How people’s physical health and financial well-being are being affected

Needless to say, coronavirus (COVID-19) has had, and will continue to have, a major impact on our lives. It is not just impacting on people’s physical health but also their financial well-being. Research highlights how the finances of the UK’s households have been affected by the coronavirus outbreak[1].

Planning to leave a family legacy?

Posted on September 9, 2020 by - Financial Planning

Impact of coronavirus (COVID-19) on Will making

We are living in extraordinary times right now, in the grip of a global coronavirus (COVID-19) pandemic. Many people are concerned to ensure that their affairs are in order and that they have made a Will, which is one of the most important legal documents you can create in life.

Building a strategy that meets your financial needs

Posted on August 12, 2020 by - Financial Planning

Preparing ourselves for life to be really strange for some time

The only constant in life is change, which is why individual financial life planning should not be a one-off exercise. Reviewing your finances regularly is essential if you want to stay on track to meet your financial goals. Making sure your finances are in the best possible shape will also make sure you stay on course to achieving everything you want.

Preserving your wealth

Posted on August 5, 2020 by - Financial Planning

Once you have acquired your wealth, the last thing you want to do is lose it through poor asset protection

Whether you have earned your wealth, inherited it or made shrewd investments, you will want to ensure that as little of it as possible ends up in the hands of the taxman and that it can be enjoyed by you, your family and your intended beneficiaries. 

Looking to the future

Posted on August 3, 2020 by - Financial Planning

Successful life planning also requires a significant degree of financial planning

We spend our lives planning our next holiday, for a family, buying a property, funding a child’s education and for the day we retire. So then why is it that some people seem to have the ability to live the life of dreams and pass on their wealth to the next generation when others are faced with huge tax bills, the prospect of selling their home or worried about healthcare costs?