Author: Phil
Which is better: property magnate or stock investor?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. People have different ideas about how to build wealth. Some imagine themselves building a large property portfolio (e.g. of Buy To […]
Posted in Investments
Rising energy prices – how to reduce your costs
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Just as the UK seems to be emerging from one crisis – COVID-19 – it seems to be walking into another […]
Posted in Financial Planning
How much National Insurance will I pay?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. National Insurance (NI) is often the “hidden tax” that many people do not fully understand – or factor into their tax-mitigation […]
Posted in Financial Planning
A short guide to phased retirement
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Retirement looks different to everyone. Some people look forward to retiring fully from age 57 and living off their investments for […]
Posted in Pensions
How the triple lock suspension affects you
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. You may have noticed in the news that a “suspension” of the state pension triple lock has been announced. The move […]
Posted in Pensions
Should I invest in China?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Everywhere we look, headlines point to China’s immense influence and economic growth. Since the country implemented free market reforms in 1979, […]
Posted in Investments
The value of financial advice laid bare
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. What is a financial adviser worth to you? At the very least, he/she can help you answer initial questions such as: […]
Posted in Financial Planning
Is a housing crash coming?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Despite the pandemic, UK house prices appear to still be on the rise. In June 2021, for instance, prices rose by […]
Posted in Financial Planning
Should I defer my state pension?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice please consult us here at Elmfield Financial Planning in Padiham, Burnley, Lancashire. The age from which you can start accessing your state pension depends largely on your age, but in […]
Posted in Pensions
Why tax planning matters
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice please consult us here at Elmfield Financial Planning in Padiham, Burnley, Lancashire. Taxes have the potential to significantly erode your wealth and investment returns if you do not manage them […]
Posted in Financial Planning