Financial Planning
Pension Tasks to Tackle Right Now
With rising life expectancies, higher retirement ages, and fewer workplace pension schemes, the onus is on individuals to boost their pension savings. Unfortunately, however, too many people treat their pension as an afterthought and don’t save enough for a happy retirement. In this article, we’ll teach you the most pressing pension tasks to tackle now. […]
Posted in Financial Planning, Pensions, Retirement Planning
Manage Your Wealth and Save Time as a High Earner
Wealth management can be difficult if you earn upwards of six figures. Your finances are much more complex than most people, and it can take a lot of time to make sense of it all. This article will explain how to save time and manage your wealth more effectively. From reducing tax liabilities to looking […]
Posted in Financial Planning
Riding Out Volatile Markets With Your Investments
Investing is a long game and you should build your portfolio to grow over decades rather than months. However, even the most hardened investors find themselves panicking at the sight of market volatility, so how do you ride it out? This article will provide five strategies to help you navigate volatile markets. By giving you […]
Posted in Financial Planning, Investments
Savings vs Investments: Where To Keep Your Money
Choosing between savings and investments is a common issue and one that requires a bit of nuance. Not every solution suits every person, and both have their own set of pros and cons. From appealing interest rates to which approach will serve you best, what wealth managers think, and more, this article will explore the […]
Posted in Financial Planning, Investments
Breaking Down The Wealth Management Process
Wealth management (or financial advice) isn’t just for the wealthy, and almost everybody can benefit from professional guidance. Helping you navigate uncertainty and set yourself and your loved ones up for the future, wealth management can provide you with peace of mind. But what does the wealth management process look like, and how can it […]
Posted in Financial Planning
Understanding the Role of Financial Advisers in Estate Planning Services
While estate planning services may not be the easiest topic to discuss at the breakfast table, they should be part of your long-term financial plans. This is where the role of a financial adviser is critical, providing opinion, guidance, and advice from a neutral position. As with many financial strategies, it is as much about […]
Posted in Financial Planning, IHT Planning
Finance and Politics: How Might a Change in Government Affect Your Finances?
Nothing is ever certain in the world of finance and politics, but as we approach the 4 July general election, opinion polls suggest a change in government may be imminent. This has prompted many people to approach their financial adviser for guidance – reevaluating their finances and investment strategies. We will now examine the ways […]
Posted in Financial Planning
What Are the Tax Implications of a Director’s Loan Account?
While there are encouraging signs that the UK economy is recovering, there may still be some challenges ahead in the next few months. In these difficult times, many directors will look towards their director’s loan accounts as a form of emergency income as and when required. This is one of the benefits of a limited […]
Posted in Financial Planning
Tax Freedom Day: Working 169 Days to Pay Taxes
You may not have heard of Tax Freedom Day, but one thing is sure: after reading about it, you will recognise the importance of tax planning. In summary, Tax Freedom Day is an annual calculation carried out by the Adam Smith Institute demonstrating how many days a year we need to work to pay our […]
Posted in Financial Planning
Empowering Future Generations with Financial Education
Only recently, the UK government announced plans to ensure financial education becomes part of the school curriculum. In reality, elements of financial education have crept into other topics, such as maths, but this topic should stand alone. Even though the authorities are taking the lead concerning schooling, there is still a significant role for parents […]
Posted in Financial Planning