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Setting Up Workplace Pensions
Workplace pensions are mandatory for UK employers that employ at least one person. Also known as auto-enrolment, there are certain legal obligations you need to meet, from minimum contributions to sign-up timeframes and more. This article will tell you all you need to know about setting up a workplace pension, as well as advice on […]
Posted in Pensions
Intergenerational Wealth: Mitigating Tax Liabilities
Planning for the future is the cornerstone of wealth management, but there are lots of mistakes people make when coming up with a financial strategy. This article will seek to address these mistakes and mitigate one of the most common issues of intergenerational wealth planning – tax. What is intergenerational wealth planning? Simply […]
Posted in IHT 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
The Pros and Cons of Pension Consolidation
In recent years we have seen many changes concerning pension regulations which may impact your long-term income. The subject of pension consolidation is interesting, with several pros and cons depending on your scenario. Whether you decide to increase contributions, consolidate part or all of your pensions or make any other changes, it is essential to […]
Posted in Pensions
Difference Between Life Insurance and Life Assurance
Many subjects in the world of finance appear relatively straightforward, although they are often misunderstood. One is the difference between life insurance and life assurance, two terms often interchanged in the wrong context. We will now look further into these types of life cover and the various options available. How do life insurance and […]
Posted in Insurance
How Can The Mortgage Charter Help You?
It is easy to forget that UK base rates were 0.1% between March 2020 and December 2021, allowing many people to refinance their mortgages at historic low rates. Fast forward to August 2023, and the base rate now stands at 5.25%, with mortgage rates having jumped dramatically since December 2021. In conjunction with the cost […]
Posted in Mortgage
Private Landlords are Turning More Positive on the Rental Market
Even though UK base rates continue to rise, with many suggesting a short-term peak of 5.5%, private landlords are turning more positive on the rental market. While the cost of buy-to-let finance is increasing, in line with the general mortgage market, other issues are impacting demand for rental property. Amid a challenging property market, seeing […]
Posted in Mortgage
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
Benefits of Investing for the Longer Term
The phrase “longer-term” is subjective, as you will see if you search the Internet. Some people believe that a longer-term investment is something held for more than a year, others five years, others ten years and more. However, the concept of investing for the long term remains intact no matter the time period. If you […]
Posted in Investments
5 Options when Renewing your Mortgage
Research by UK Finance shows about 800,000 fixed-rate mortgages are due for expiry before the end of 2023 and a further 1.6 million by the end of 2024. Many homeowners will face an increase in comparable fixed-rate terms as UK base rates have risen from just 0.1% in November 2021 to the current rate of […]
Posted in Mortgage