Financial Planning
What Are The Main Factors Which Will Impact House Prices In 2024?
The fact there is no real consensus on forecast house price movements in 2024 reflects the uncertain outlook for the UK. The Office for Budget Responsibility (OBR) believes UK house prices will fall by 4.7% in 2024. Interestingly, Savill’s is forecasting a fall of 3% across the UK and 4% in London, broadly in line […]
Posted in Financial Planning, Investments, Mortgage
What Can We Expect From Global Stock Markets In 2024?
As we have seen recently, predicting days or weeks in advance has been challenging for global stock markets, never mind 12 months into the future. As we approach the end of the year, often a time for reflection, it’s also a time to look to 2024 and at least be aware of expectations for global […]
Posted in Financial Planning, Investments
How are interest rates used to control the economy?
It is common knowledge that the Bank of England and other central banks use interest rates to control their economies. While not the only strategy central banks operate, it has been the go-to option for hundreds of years, a relatively blunt but effective instrument. In reality, using interest rates to control economies is a fine […]
Posted in Financial Planning
Understanding Credit Scores: Your Path To Better Credit
Many of us understand the concept of credit scores in the broader context, but very often, the devil is in the details. In this article, we will look at how the credit scoring system works and how you can boost your rating – improving your access to credit in the future. What is a credit […]
Posted in Financial Planning
Impact Of Inflation On Your Finances
Inflation has been in the news over the last couple of years, rising to double digits in the UK before turning down towards (hopefully) more manageable levels. This has prompted many people to consider the impact of inflation on their finances and whether they can protect their assets and investments in the future. In this […]
Posted in Financial Planning
The Emotional Value of a Financial Adviser
The quality and depth of financial advice will always be the primary driver when looking for a new financial adviser. However, the skills and experience required to advise people on their finances are continually developing, reacting to investment trends and client demands. Consequently, the role of a modern-day financial adviser now involves a degree of […]
Posted in Financial Planning
Why is Financial Planning Important?
While long-term financial planning is crucial in managing your finances, it is also important to be flexible and adapt to any changes to your circumstances or investment markets. It is also vital to look at your broader finances and investments as opposed to individual elements. This allows you to make decisions which will enhance and […]
Posted in Financial Planning
Wealth Management: Building and Preserving Your Wealth
While investment and wealth management are often spoken about in the same terms, some subtle differences exist. In effect, investment management is part of your overall wealth management, which is as much about preserving your wealth as building it. This becomes especially important in retirement when you will likely see a significant fall in your […]
Posted in Financial Planning
Maximising Income, Minimising Tax Liabilities
When it comes to budgets, tax rates and tax bands, be careful, the devil is always in the detail! Jeremy Hunt, the Chancellor of the Exchequer, recently stepped up to give his fiscal update and announce changes to the tax system. On the surface, there were some pleasant surprises. However, the attention-grabbing headlines quickly gave […]
Posted in Financial Planning
How to build a tax-efficient set of investments
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. In general, three forces can undermine your investment returns – fees, inflation and taxes. The first can be mitigated, for instance, […]
Posted in Financial Planning