How business owners can improve their tax efficiency with pension contributions
If you are a business owner who works within the company, you may empathise with the feeling of being totally consumed by your work. Having built a company from the grassroots stages into a successful enterprise, you are likely to eat, sleep, and breathe your working life. Although this may have been necessary to get […]
5 important takeaways from the Bank of England’s recent interest rate decision
The Bank of England (BoE) raised the base interest rate by another half a point in June 2023. This is its 13th consecutive rise, bringing the bank base rate to 5% – its highest level since April 2008. Read on to understand why interest rates are on the rise and how the latest increase may […]
Guide: How to manage the harmful effects of inflation on your wealth
For the last year, inflation has been high. If you’re worried about the effects of the rising cost of living, this guide could help you. Figures from the Office for National Statistics show, in the 12 months to April 2023, the rate of inflation was 8.7%. This is far above the Bank of England’s target […]
Guide: 10 really fab things the Beatles can teach you about successful financial planning
60 years ago, the Beatles celebrated their first UK number one single – ‘From Me to You’. The Fab Four went on to spend an incredible seven years in the UK top 40. The band has influenced musicians for decades, but what you might have overlooked are some of the financial planning lessons in their […]
4 important lessons the London Marathon could teach you about making a lasting financial plan
On 23 April, more than 40,000 runners took on the world-famous London Marathon. As you can imagine, athletes must be in prime shape, with much training required to conquer the epic 26.2-mile run. Much like the effort needed to train for the London Marathon, you could benefit from putting the same level of preparation into […]
3 investing myths that could prevent your wealth from meeting its potential
Being proactive with your money is the key to expanding your wealth and securing the lifestyle you want in the future. This is especially true when the rate of inflation is high – 10.4% in the year to February 2023, the Office for National Statistics (ONS) reports. As a result, savings account interest rates may […]
The secret of the sequel: what Avatar and John Wick can teach you about your finances
Have you fancied a cinema trip recently, only to discover that almost all the films listed are sequels or revivals? It seems that in today’s world, when a film turns out to be successful, we can almost certainly expect at least one sequel to emerge. Some critics call this trend “lazy”, while others see it […]
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 […]
