Category: Financial Planning

Imagine reaching retirement age and discovering that, despite years of saving, you don’t have enough money to get by. Worse still, suppose you’re unable to pay for the right kind of care in your old age.

Aside from regular Christmas presents, this year you may be considering giving money or other assets with a view to Inheritance Tax planning this festive season.

Whatever stage of life you’ve reached and whatever plans you may have for the future, you want your money to earn the best return possible without taking undue risk. That’s why it’s important to invest in a way that’s right for you and that will meet your goals.

Figures for the entire economy conceal a great deal of variation in terms of the impact COVID-19 has had on household finances. Whilst millions of people have undoubtedly suffered considerably, a significant minority have found their financial position strengthened, with income largely unchanged and spending reduced.

Becoming a parent for the first time is exciting, unpredictable, and of course, a little daunting. For some new parents it can also be overwhelming. Suddenly, you are not only responsible for your self, but another person who depends on you for everything. It also forces you to address financial issues you may not have had to focus on in the past.

You don’t automatically receive your state pension, you have to claim it. You have the option to either claim your state pension or delay it by deferring claiming your pension income that you are due.

Having a financial plan in place early on can make it easier to manage your money further down the line.

Change is the only constant in life. It inevitably involves twists and turns, with some that are expected while others may be entirely unplanned. When this happens, it’s important to feel secure with the knowledge that you have the right contingency plan in place.