Category: News

Equity release: As property values soar, could your home help fund your later life?

25.05.2021
Across the UK, private property is worth more than £6 trillion, according to an Equity Release Council (ERC) report. Property prices have soared in the last decade, but homes often don’t play a role in later-life planning as the wealth is locked away. Equity release is one option more retirees are considering. In 2020, homeowners accessed more than £3.89 billion of property wealth through equity release. It can be a useful way to fund plans in...
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Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis

25.05.2021
The pandemic has placed pressure on families across the UK. So, it’s not surprising that more people are seeking financial advice and thinking about their long-term security. While financial advice can be incredibly useful in a crisis, an ongoing relationship with a financial planner can be just as valuable. After a year of lockdowns and social distancing, 53% of UK adults say the financial crisis caused by Covid-19 has prompted them to seek...
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How does a company become publicly traded? Everything you need to know about IPOs

25.05.2021
Perhaps you already invest in the stock market in some way, and find out about companies selling shares for the first time via the news. But what actually happens during an IPO (initial public offering), and which parts are important for investors to pay attention to? Read on to find out. IPOs present the first opportunity for investors to invest in a company An IPO is one of the methods that companies use when their stock becomes available to...
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Why you need to review your will if you’re gifting to loved ones now

25.05.2021
Are you thinking about gifting during your lifetime? Traditionally, you’d pass on wealth to family and friends through an inheritance, but many people are finding that doesn’t fit in with their plans. Instead, they’re passing on some assets now, but they do need to think about how it will affect the legacy they leave behind. There are many reasons why you may be thinking about gifting during your lifetime. The act may allow you to see the...
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5 financial steps new parents should take to protect their family

25.05.2021
In the first nine months of 2020, there were 464,437 new babies welcomed across the UK, according to the Office for National Statistics. That’s more than one baby every minute! If you’re among these new parents, or know someone that is, you’ll know that there’s a lot to do – including taking some financial steps to protect your family. 1. Review your budget With a new baby, your day-to-day outgoings will change, so it’s worth reviewing...
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Should you defer your State Pension? It could reduce your tax liability

25.05.2021
There’s often a lot of talk about the State Pension Age rising and the impact it could have on retirement plans. But, in certain circumstances, delaying your State Pension payments could pay off. The State Pension Age is currently 65, but is gradually increasing and will reach 67 by 2028. You can use the government’s State Pension Age checker to see when you’ll be able to claim the State Pension. Remember, the State Pension Age is under...
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5 reasons why Generation X need to engage with their pension to achieve security in retirement

25.05.2021
We all hope to achieve financial security in retirement, allowing us to focus on the things we enjoy. While retirement might be associated with indulging hobbies and aspirations, Generation X (born between the mid-1960s and early 1980s) need to plan ahead if they’re to enjoy the same level of security as their parents. For Generation X, retirement is drawing nearer, but there is still time to review plans and take steps that could lead to a more...
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How inflation can reduce your pension and what you can do about it

25.05.2021
When you think of risks to your retirement, do you include inflation? It can have a huge impact on your income throughout retirement. Yet, it’s often overlooked when creating a retirement plan. Inflation refers to the rising cost of living. Day-to-day, it’s not something that you notice. However, over a longer timeframe, such as your retirement, the price of goods and services creeping up has an impact. It can mean your income and assets...
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Investment market update: March 2021

13.04.2021
During March there were reasons to be optimistic. In fact, the Organisation for Economic Co-operation and Development (OECD) raised global growth forecasts following Covid-19 vaccination and stimulus package news around the world. It’s now expected the global economy will expand 5.6% this year. Despite the pandemic dominating headlines, a survey from the Bank of America suggests Covid-19 is no longer the biggest risk worrying investors. Instead,...
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Is a 4-day working week around the corner?

The last year has seen huge changes to the way we work, with remote working on the rise. Could the next change be a four-day working week? A four-day working week is something a handful of companies have been offering employees in recent years, providing workers with more flexibility. Although it has yet to take off on a national level, Spain could be about to lead the way in a workplace revolution. The Spanish government has agreed to launch a...
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