Category: News

Investment market update: December 2019

14.01.2020

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 December and could continue to do so over the coming months. Once again, geopolitical tensions and sluggish economic growth continued to impact investment markets as we headed towards the festive period. But there have been some optimistic signs that there will be opportunities for growth and optimism in...

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Decade of low interest rates: How has it affected your savings?

14.01.2020

As we enter a new decade, you may be looking back on the last ten years. Hopefully, you’ve reached a few goals and taken steps towards them. But, if you have a look at how your savings accounts have performed throughout the 2010s, you could be a little disappointed. Since the 2008 financial crisis, interest rates have been historically low in a bid to encourage spending and get the economy going. If you’ve had debt, whether a loan or a...

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DIY money management could cost you in the long run

14.01.2020

Whilst it can be tempting to save and manage money by taking a DIY approach to finances, it could end up costing you money. Research suggests that eight in ten people overestimate their own financial capability and could be making decisions that aren’t right for them as a result. Failing to seek financial advice when it could prove valuable may not be an issue for you. But it could be a mistake that your children and grandchildren are making....

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How will your State Pension change in 2020/21?

14.01.2020

If you’re claiming the State Pension, the good news is that it’ll increase in the new tax year. It could mean you have a bit extra money to spend on luxuries or that you can reduce how much you’re withdrawing from your Personal Pension. Even if you have other retirement provisions, your State Pension is likely to be an important part of your retirement income. The State Pension for 2020/21 Millions of pensioners will receive a 3.9% pay rise...

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The tapered annual allowance: What you need to know

14.01.2020

Managing pension contributions and tax liability can be tricky. If you’re affected by the tapered allowance, it can be even more challenging. The Secretary of State for Health and Social care has announced there will be a review into the impact of the tapered allowance and its impact on NHS staff. But it’s not just NHS staff that should ensure they understand how it works. What is the tapered annual allowance? When you’re saving into a...

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Investment market update: November 2019

12.12.2019

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 November and could continue to do so over the coming months. The hot topics that have affected the markets in 2019, Brexit, the US-China trade war and concerns of economic slumps, look set to continue as we head into 2020. In fact, the OECD has stated that the global outlook is unstable. The world’s economy...

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8 tips for sticking to your New Year resolutions in 2020

12.12.2019

It’s that time of the year when we start thinking about improvements we can make to our life. However, whilst many people set a New Year’s resolution, few are celebrating reaching their goal in 12 months’ time. In fact, it’s thought that about 80% of New Year’s resolutions have failed before February is over. Whatever your goal, it can be difficult to stick to changes and get into positive habits. So, what can you do to improve your...

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5 tips for helping your children get on the property ladder in 2020

12.12.2019

Aspiring homeowners often face a struggle to secure a deposit. It’s a challenge that may be affecting your children and grandchildren. But there are things you can do to help them get on the property ladder in 2020 and improve their financial security in the future. The good news is that research from Post Office Money suggests first-time buyers are saving a deposit quicker. Yet, it’s still taking an average of 3.6 years to save the lump sum...

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7 signs you’re being approached by pension scammers

12.12.2019

We all like to think that we could spot a scam. But scammers are often sophisticated and it’s easier than you think to fall for their claims. The Financial Conduct Authority (FCA) has recently highlighted some of the most common tactics fraudsters use to try and get their hands on your pension with a quiz. Falling victim to pension scammers can be devastating. Often it will mean losing a lifetime of savings and the financial security you’ve...

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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...

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