23rd March 2023

Family finances: It’s good to talk

New research1 suggests young adults and their parents are becoming increasingly comfortable talking about money matters, which should ensure future generations are much better equipped to tackle their financial affairs.  Breaking the taboo  Historically, intergenerational discussions about finances have too often been viewed as a no-go area, but the research suggests UK families are beginning […]

Income protection crucial for renters

The number of households renting privately in the UK increased by 63% in the decade to 20171, reaching an estimated total of 4.5 million. As the rising cost of living continues to cause difficulties for many, the importance of protection becomes increasingly apparent.  Safety net  Tenants in the private rental sector generally have lower financial […]

15th March 2023

Spring Budget 2023

“A Budget for Growth” Chancellor of the Exchequer, Jeremy Hunt, delivered his first Spring Budget on 15 March declaring it was “A Budget for Growth.” The fiscal update included a range of new measures, some of which had been widely trailed prior to Budget day, in order to achieve growth “by removing obstacles that stop […]

FCA issues ‘magic’ scam alert 

The Financial Conduct Authority (FCA) has warned pension holders to beware of scammers’ ‘magic tricks’ as research shows the economic squeeze is encouraging more people to withdraw pension savings.  ScamSmart  Britain’s financial watchdog recently launched its latest ScamSmart campaign aiming to give consumers the knowledge and tools to avoid scams. Over 700,000 pension plans were […]

28th February 2023

Take control to improve your wellbeing

With financial concerns at the fore for many people, unfortunately it’s no surprise over half of adults have experienced anxiety as a direct result of rising bills, with a quarter suffering with feelings of depression as escalating costs take their toll, according to a new study1.  Nearly half of adults are staying at home more […]

22nd February 2023

Stamp Duty in the Autumn Statement

Chancellor of the Exchequer Jeremy Hunt delivered his Autumn Statement on 17 November, with a host of announcements on personal taxation and public spending. Housing was largely absent from the key fiscal event, though a significant statement was made on Stamp Duty Land Tax (SDLT).  In September, then-Chancellor Kwasi Kwarteng had increased the nil-rate threshold […]

15th February 2023

Home Finance – In the news

Green mortgages – a mystery  A recent survey1 has revealed that four out of five (83%) people have no understanding of green mortgages. Each lender’s criteria will differ, but typically they may offer a discounted rate, or cashback, if a property has an Energy Performance Certificate (EPC) rating of A or B. The government has […]

Money – In the news 

Child Trust Fund – on your radar?  His Majesty’s Revenue & Customs (HMRC) has reminded teenagers and people in their twenties to claim their matured Child Trust Fund (CTF) savings. CTFs are long-term savings accounts set up for every child born between 1 September 2002 and 2 January 2011. The government provided an initial deposit […]

8th February 2023

Plan now to buy in 2023

Even in times of economic uncertainty, the fundamentals of house buying remain mostly the same. For those looking to make a purchase in 2023, it’s never too early to start planning.  Why buy now?  House prices have stayed high over the past year thanks to sustained buyer demand and restricted supply. Trying to predict future […]

27th January 2023

Resolution – review and rebalance

Did you know that during periods of market volatility, portfolio drift can be accelerated, meaning your investments may no longer be aligned with your risk preferences and objectives? This is why it’s good practice to have regular portfolio reviews, in order to implement effective rebalancing if required. Regular reviews are also a great opportunity to […]