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Considering liquidating investments in the cost of living crisis? Here’s what you should know

17 November 2022 The cost of living crisis has led to a number of changes in our lives, and it isn’t over yet. Already, since December 2021, the Bank of England (BoE) has hiked the base rate eight times, bringing it to 3% in November 2022.  Despite the BoE’s efforts, inflation rose to a 41-year […]

Your Q3 2022 market update

18 October 2022 If you are hoping to strengthen your portfolio and yield further profits this year, you might have been concerned by the volatility the markets have witnessed so far. Last quarter, we reported significant downturns across global indices, including the US S&P 500 declining by 20%, and the UK FTSE All-Share experiencing a […]

3 ways a weak pound could directly affect your money

18 October 2022 You will be well aware by now that, following former chancellor Kwasi Kwarteng’s “mini-Budget” announcement on 23 September 2022, the value of the pound rapidly declined. The chancellor announced a wide range of tax cuts in his speech, claiming that “growth is not as high as it should be”. The chancellor then […]

How the “mini-Budget” could affect your wealth

18 October 2022 On 23 September 2022, the former chancellor of the Exchequer, Kwasi Kwarteng, delivered an emergency “mini-Budget” following the election of prime minister Liz Truss. In his speech, Kwarteng announced a series of measures that aim to help the UK “reach a trend rate of growth of 2.5%”.  In the weeks following this […]

Guide: The parents’ guide to paying for university and student loans

15 September 2022 If your child will be going to university this year or is planning to further their education in the future, you undoubtedly feel proud. However, you may also worry about what it means for your child financially. As a parent, it is important to understand what expenses students face, how they will […]

3 questions the Bank of Mum and Dad (or Grandma and Grandad) should ask before handing over money

02/09/22 Over the last few years, rising house prices have made it tougher for younger buyers to get onto the property ladder. This has led to the rise of the so-called “Bank of Mum and Dad” providing billions of pounds to help their children to buy their first home. Indeed, Savills analysis, published by MoneyAge, […]

Explained: the energy price cap and how it affects you

02/09/22 One of the key drivers of soaring inflation and the cost of living crisis has been the sharp rise in energy bills. Indeed, the Office for National Statistics say that the largest upward contributions to the annual inflation rate in July 2022 came from housing and household services – principally from electricity, gas and […]

3 practical reasons you need to plan for later-life care costs

02/09/22 Have you considered how you might meet the cost of care if you need it in later life? If you haven’t, you’re not alone. While no one wants to consider needing help when they are older, new research from Canada Life has revealed that more than 7 in 10 (72%) over-60s have not thought […]

3 weighty lessons The Godfather can teach you about running a family business

22/08/22 One of the most iconic films ever made, The Godfather, turns 50 this year. Directed by Hollywood heavyweight Francis Ford Coppola, and released in 1972, The Godfather is a bloody tale of five Italian-American families vying for power in 1940s New York. Central to the story, the Corleone family is headed up by Marlon […]

How to boost your State Pension before important rule changes next year

22/08/22 If you are approaching retirement age, it is likely you are relying on receiving the new State Pension when you become eligible. Although the State Pension may not fund your entire retirement lifestyle, it acts as a foundational fund that will be supplemented by your private pension, and any other savings you have. Now […]