You might have considered what you’d like to happen when you pass away as part of your long-term plan. Perhaps you’ve written a will or spoken to your loved ones about your funeral wishes. Yet, you may have overlooked the costs associated with dying, and it could place financial pressure on your family. Indeed, a […]
Have you overlooked speaking to your beneficiaries as part of your estate plan?
You may already have your estate in order and have written your will accordingly, but have you overlooked the value of speaking to your beneficiaries? A new report by PIMFA suggests that 58% of people in the UK have never discussed inheritance with their family members. Not doing so could mean that your beneficiaries may […]
A worrying 2 in 5 wealthy individuals have fallen victim to a financial scam
A recent survey reported by Professional Adviser revealed that 2 in 5 wealthy individuals have been the victim of financial crime. Of the 2,000 people with assets worth more than £250,000 who were surveyed, 41% of them reported they had been scammed, with more than a third saying they had fallen victim in the last […]
Are you risking a pension shortfall by overlooking longevity?
A survey suggests that some retirees could risk running out of money during their lifetime because they haven’t considered how long their assets need to last. Failing to factor longevity into your retirement plan could mean your later years don’t live up to expectations or you may face financial insecurity. The report published in IFA […]
How to protect financial gifts to your children from relationship breakdowns
As younger generations face challenges reaching milestones as the cost of living soars, you might be thinking about gifting assets to improve their finances. If your beneficiary is in a relationship, you may want to consider what would happen if they split up with their partner. A well-timed gift could have a hugely positive effect […]
Meet the 2024 European Capitals of Culture
Are you looking for travel destinations to add to your bucket list? Every year, the European Union (EU) names its European Capitals of Culture to bolster tourism in lesser-known cities and allow them to showcase their heritage. If you’re thinking about experiencing the year’s programme of events lined up in a city you might not […]
Switching your pension could be the secret to reducing your carbon footprint
Do you want to reduce your environmental impact? Your pension could provide a way to substantially reduce your carbon footprint in just a few clicks. A study by Scottish Widows suggests changing how your pension is invested could have a much greater environmental impact than other lifestyle adaptations. Shipra Gupta, responsible investment lead at Scottish […]
The ups and downs of the FTSE 100 40-year history demonstrates time in the market matters
This year the FTSE 100 index turns 40. Over the last four decades, it’s become a way to measure the health of the UK stock market. During that time there have been highs that investors no doubt celebrated, and lows that serve as a reminder that there’s some truth in the saying: it’s time in […]
5 handy tips that could help couples create an effective financial plan
Managing your finances effectively as a couple could provide you with peace of mind and mean you’re more likely to reach your goals. Yet, it can be difficult as you could have very different financial priorities to your partner. Read on to discover five handy tips that could help you build a financial plan that […]
4 excellent reasons you may want to boost your ISA now
If you haven’t used your ISA allowance for the 2023/24 tax year, it could be wise to review your options over the next few weeks before the 2024/25 tax year starts. Read on to discover some of the reasons why an ISA could make sense for you. Government statistics show that ISAs are a popular […]