Category: News

5 questions to ask when you’re planning for retirement

31.07.2019

Planning your retirement can be a challenge. There are multiple areas to think about and you may not have a clear idea of what you want it to look like. However, whilst putting off planning until the retirement date arrives might seem attractive, it can mean missing out. Taking a proactive approach in the run-up to retirement can provide focus. If you’re at a loss about where to start with retirement planning, bringing the spotlight back to you...

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What is a bear market?

31.07.2019

The world of investing can often seem like it’s filled with jargon and confusing phrases. Among those may be ‘bear market’ and ‘bull market’. When you’re reading the financial papers of newspapers or browsing online, these terms are likely to crop up, but what do they mean? Bull markets: A bull market is typically characterised by optimism and economic growth; financial markets are rising or expected to rise. When the stock market is...

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Just a fifth of investors stuck to their plan during 2018 volatility

31.07.2019

2018 proved a difficult year for investors. Volatility meant many saw the value of their investments fluctuate and it led to the majority tinkering with their long-term financial plans amid concerns. However, it’s a step that may not be right for them and could mean lower returns over the long term. During a year that was characterised by global economic concerns and uncertainty, from Brexit to a trade war between the US and China, investment...

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The basics of Inheritance Tax and why it’s being reviewed

31.07.2019

Inheritance Tax (IHT) is one of the most unpopular types of tax in the UK and often referred to as a ‘death tax’. With the Office of Tax Simplification (OTS) reviewing it and recommending changes, it’s the perfect opportunity to look at why and what the current rules mean for you. IHT is paid on around one in 20 estates in the UK. Whilst that’s relatively few, the bill can be significant and it’s one that your estate could be liable for...

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People risking financial security due to ‘illness denial’

09.07.2019

No one wants to think about becoming seriously ill. However, it’s an approach that could be leaving millions of people open to financial insecurity if something did happen. Research has revealed that Brits are often in ‘illness denial’ believing something won’t happen to them, even if the odds aren’t in their favour. Focussing on the likelihood of being affected by a serious medical condition, research from AIG Life discovered many Brits...

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Five benefits of estate planning

09.07.2019

Planning how you’ll pass your estate to loved ones can be challenging, both practically and emotionally. But taking some steps to understand how you can efficiently achieve your goals, can make them more likely to become a reality. From writing a will to discussing potential inheritance with loved ones, estate planning is a task that many put off. However, it should be considered an essential part of your financial plan that’s just as...

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What influences your risk profile?

09.07.2019

Risk profile is something we mention a lot when looking at investments and other key financial decisions. But what has an impact on your risk profile? Investing naturally comes with some level of risk and values will rise and fall over time. However, the amount of volatility experienced varies hugely. Typically, the greater the level of risk and volatility you take on, the higher the potential returns, but there is a greater chance that values...

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Getting to grips with Power of Attorney

09.07.2019

Naming a Power of Attorney is often one of those tasks we know we should get around to but inevitably put off. The number of people registering a Power of Attorney has been rising, yet figures suggest millions could still be left in a vulnerable position should something happen to them. If you’ve yet to name a Power of Attorney, we take a look at the reasons to consider doing so and how to go about it. Let’s start with the basics: What is a...

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What can you do to minimise objections to your will?

09.07.2019

When you write a will, you expect your wishes to be upheld, but that’s not always the case. It is possible for those left behind to contest a will if they believe it is invalid or doesn’t make reasonable financial provisions for certain relatives or dependents. As the number of contested wills increases, it’s important to understand why this is and what can be done to minimise the risk of it happening. In simple terms, a will contest is a...

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What we can learn from the Woodford fund suspension

09.07.2019

Fund manager Neil Woodford has been making headlines for all the wrong reasons recently after suspending withdrawals from his flagship Equity Income fund. Unsurprisingly, it’s caused concern among investors, whether they held cash in the fund in question or not, but there are some things that can be learnt from it. What happened with the Woodford Equity Income fund? During his time at investment managers Invesco, Neil Woodford built up a stellar...

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