Category: News

The value of financial advice

12.12.2019

When we think about the value of financial advice, it can be hard to quantify it. After all, you often can’t be sure how your fortunes would have fared, or if your circumstances would be different if you hadn’t worked with a financial adviser. But research has shown that it does have real, tangible benefits for clients, as well as being valuable in other areas too. Despite evidence demonstrating that financial advice can be valuable, nearly...

read more

Financial education: Passing your knowledge on to the next generation

12.12.2019

When raising children, there are plenty of skills that need to be passed on. But one that often gets overlooked is money management. Despite it being crucial for security throughout life, just 38% of schoolchildren learn about finances in school. You may view money management as something that children will pick up as they grow up. However, research conducted for Talk Money, Talk Pensions Week highlighted that many adults have gaps in their...

read more

Bank of England base rate: Why does it matter to you?

12.12.2019

When it changes, the Bank of England base rate is something that’s featured heavily in the news. But why is it important and when does it matter to you? The base rate is the interest rate that the Bank of England sets, in turn, it affects the interest rates that banks, building societies and other financial services offer. The base rate changes depending on economic conditions and influences the way consumers behave: Low interest rates mean...

read more

4 reasons to think long-term gifts for children and grandchildren this Christmas

12.12.2019

We all know the challenges of trying to find a Christmas present for someone who already has everything. When it comes to children or grandchildren who are going to get piles of presents under the tree this year, you may not know what to get. Thinking long term and setting some money aside for after the festive period has passed could be the perfect Christmas gift. The average amount that parents spend per child at Christmas is £137.50. With...

read more

Investment market update: October 2019

22.11.2019

Welcome to our latest update on the investment market. We take a quick look at some of the key factors that influenced the stock market in October and could continue to do so over the coming months. The global economy continues to have a gloomy outlook. In October, the World Trade Organisation slashed its global forecast to the lowest in a decade. The organisation now predicts growth of 1.2% this year, compared to the 2.6% estimate it gave in...

read more

Why protection should be part of your financial plans to stay on track

22.11.2019

You may think of financial protection products as something that’s removed from your overall financial plan. But they are an essential part of keeping you on track. Even the best-laid plans can go off course and many outside influences could affect your financial situation. Protection can act as a capital injection at times when you need it most. There is a range of financial protection products that can provide you with security at uncertain...

read more

7 things that could slow down buying a property

22.11.2019

Buying a property can feel like a marathon. If you’re hoping to move in quickly it can seem as though everything moves incredibly slowly, from waiting for a mortgage to be approved to hearing back from solicitors. However, being prepared and knowing what can slow down a potential sale may help you keep everything moving along smoothly. There is no guaranteed time to complete the process of buying a house. According to research, the average...

read more

Financial bias: How caution could be affecting your future

22.11.2019

Research has highlighted how being cautious with pension investment can be as damaging as taking too much risk. In some cases, a cautious approach is appropriate. But, in others, it’ll be the result of subconscious financial bias affecting the decisions we make. Research from Cass Business School found women are more risk-averse than men. It’s a trend that could be affecting how much women have in their pensions and other investments. The...

read more

How much do you expect your pension to grow by in the next five years?

22.11.2019

Research suggests that pension savers could be disappointed in investment returns after uncovering differing expectations between individuals and institutional investors. Understanding how much your pension is expected to grow by between now and when you want to access it is essential for planning your financial future. Schroders questioned both institutional investors and individual investors about their expectations over the next five years. It...

read more

Why talking about money is important

22.11.2019

November marks Talk Money week, an initiative that aims to encourage more people to talk about their finances. In the UK, personal finances can be something of a taboo subject. It’s not something we widely discuss. But whether it’s chatting with your partner or your financial planner, there are a lot of reasons why we should all make an effort to talk about money. 1. Look at your finances from another perspective As the saying goes, two pairs...

read more