Financial wellbeing: 4 steps to creating a financial wellbeing plan
While growing wealth is often an important part of a financial plan, understanding how you can use your money to reach goals and improve your wellbeing is crucial. It could help you get the most out of your wealth and lead to a more fulfilling life. This guide offers practical steps that could help you […]
Your guide to pension consolidation: The pros and cons you need to know
Do you have multiple pensions? It could make it difficult to manage your pension savings during your working life and when you retire. In some cases, consolidating them could be beneficial. This guide explains what you need to know about transferring your pension savings, so you have fewer pots to manage. It could help you […]
All the winners and losers from the 2023 spring Budget
Just six months ago, Kwasi Kwarteng stood up in the House of Commons and delivered his controversial “mini-Budget”. The announcements ultimately brought down the short-lived Truss administration, with current chancellor, Jeremy Hunt, announcing a series of policy measures in November 2022 aimed at calming the markets. Having taken “difficult decisions to deliver stability and sound […]
Your spring Budget update – the key news from the chancellor’s statement
On Wednesday 15 March 2023, chancellor Jeremy Hunt presented his spring Budget. Focusing on the government’s aims to halve inflation, reduce public debt, and boost economic growth, Hunt delivered his first official Budget alongside the latest economic and fiscal outlook from the Office for Budget Responsibility (OBR). “Despite continuing global instability, the OBR report today […]
Is “inheritance” a dirty word? 3 reasons you should be discussing your estate with your adult children
If you are approaching your later years, you could spend a lot of time thinking about what the future holds. This stage in your life is the perfect opportunity to renew your goals. You may wish to help your loved ones onto the property ladder, spend time looking after grandchildren, or tick amazing travel experiences […]
What Budweiser can teach you about thinking on your feet as a business owner
As 2022 drew to a close, for many, the event at the top of their priority list wasn’t Christmas. It was the World Cup. Ending in a climactic game between France and Argentina on 18 December, Argentina’s Lionel Messi took his national side to a penalty victory against a French team featuring his PSG teammate, […]
4 seaworthy lessons Around the World in Eighty Days could teach you about managing your wealth
While we usually look to the future when setting plans for the rest of our lives, sometimes it can help to look backwards. Indeed, centuries-old stories can teach us valuable life lessons, from Shakespeare’s tragedies warning us of our fatal flaws, to Greek myths teaching us about love, war, and everything in between. Such can […]
Guide: 10 new year resolutions that could boost your financial wellbeing
At the start of a new year, it’s common to reflect on what you want to achieve over the next 12 months and to set out some goals. It’s the perfect time to think about how you could improve your financial wellbeing too. Around a third of Brits setting a new year resolution want to […]
The lifetime allowance – don’t be afraid. 5 key details you need to know
The lifetime allowance is a cap on the money that can be held in a UK pension without incurring additional taxes. If you have a pension worth more than the lifetime allowance, you may have to pay a tax on the excess amount when you start taking your pension benefits. A common misconception is you’ll be charged […]
The 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023
The 2022/23 tax year ends on Wednesday 5 April. After this date, many allowances reset, and it could be your last chance to use some of them. Allowances can help your money go further by reducing your tax liability. Reviewing your finances before the deadline could help you identify some allowances that could be right […]
