Spring Budget 2023

How the changes affect pensions and taxes

The Spring Budget 2023 was delivered by Chancellor of the Exchequer, Jeremy Hunt, on March 15. Among key changes announced were those made to pensions, aimed at making it easier for individuals to save for their retirement and encouraging retirees to return to work.

Leaving a tax-efficient legacy

Passing assets to the next generation

If you thought Inheritance Tax was just for extremely wealthy people to worry about, think again. Rising property prices have meant more estates than ever are likely to face an Inheritance Tax bill.

The golden rules of investing

10 fundamentals you need for investing success

Everyone has a different idea of what money means to them. Having a financial plan can help you get where you want to be. The reality is that investors who make the effort to plan for the future are more likely to take the steps necessary to achieve their financial goals.

Roadmap for success

An important step to take on the path to financial stability

Wherever we find ourselves on life’s journey, we all have different reasons for the choices we make in life. And some of the most personal decisions we make will involve money. Early retirement. Buying a property. Saving for a child’s education.

Financial jargon

7 out of 10 adults are puzzled by financial matters lingo

Being informed about financial matters is essential to making sound decisions and staying in control of your money. Unfortunately, many people feel confused by the jargon used in financial discussions and services.

Protecting income

17% of self-employed workers would choose to carry on working through illness or injury

Many adults understand the need for financial resilience and taking out insurance to protect their incomes in case of sickness or accident. However, too many self-employed people do not have any cover to help them should they be unable to work and are increasingly likely to choose to carry on working despite illness or injury.

Financial security and freedom

Rising prices add almost 20% to ‘minimum’ cost of retirement

Despite the slow economic recovery, many retirees trying to maintain a basic standard of living have seen the cost of their lifestyle increase by nearly 20% over the past year, according to a new report[1].

Thinking about divorcing?

Protecting your assets and preparing you for going forward on your own

Divorce involves many loose ends, both emotional and financial. It can generate high levels of uncertainty and financial stress, as it impacts on all areas of your life, from living arrangements to assets and pensions. That’s why financial planning through a divorce is essential to help protect your assets and prepare you for going forward on your own.

Critical illness cover, your questions answered

Protecting against the financial impact that a serious illness can cause

People are increasingly becoming more concerned about the possibility of being affected by a critical illness such as cancer, stroke or heart attack, according to new research findings[1]. This is reflected in the fact that searches for ‘critical illness insurance’ have skyrocketed, with, on average, 6,800 people searching for ‘critical illness cover’ every month, mostly asked on Google.

Show me the money

Britons not researching their investments because it’s ‘time consuming’ and ‘complicated’

A new survey conducted by the Financial Services Compensation Scheme (FSCS) and the Financial Conduct Authority (FCA) reveals that 44% of UK adults who hold investments of between £100 and £50,000 wish they had spent more time researching their investment before making a decision[1]. However, this task is commonly neglected due to its perceived complexity – it ranked much lower than other tasks like choosing a holiday, buying a house and checking social media.