Extending your lifespan by six years could mean that you need to increase the value of your retirement fund to ensure that you can maintain your lifestyle for the additional period. Not doing so could mean you have to reduce your standard of living, or even worse may result in your retirement fund running dry.
You may be considering what you hope to achieve in the new year. The start of a new year can be the perfect time to make changes in your life, whether that’s to exercise more, eat less or become better with your finances. Read on to discover five important considerations that could help you to create a more robust financial plan and accomplish your objectives in 2024.
Inflation and interest rates have been in the headlines for many months. While falling inflation may sound like a positive thing, it’s worth bearing in mind that this could be bad news for savers. Read more to discover why this is, and why investing your cash might be the shrewder option if you want to expose your wealth to potential growth over the long term.
Discover 10 important money lessons that you can teach your children or grandchildren so that they can make smarter financial decisions when they’re adults. Lessons include: getting professional help is wise; you can’t spend if you don’t earn; and, the importance of saving.
Investment Trusts have had a tough time of late, meaning that they now look cheaper than at any time since the 2003 financial crisis prompted by the invasion of Iraq. But the companies’ chiefs are fighting back, using one of the few vehicles at their disposal to push up prices and reduce the widening disparity between the trust’s share prices and the value of their underlying assets.
Today, the Chancellor, Jeremy Hunt, presented his 2023 Autumn Statement. Our team of in-house experts have summarised the details to help you make sense of all of the new announcements. Read more to find out what it could mean for you.
When he delivered his Autumn Statement in 2022, the Chancellor announced that he would be slashing the Capital Gains Tax and Dividend Tax allowance. Furthermore, he extended the threshold freeze for both Income Tax and Inheritance Tax to 2028.
Research commissioned by NatWest makes for sobering reading, as it suggests that seven out of 10 Britons have been targeted by scammers in the year leading up to October 2023. It’s a depressing thought and confirms the need to stay diligent as criminals look for ever more creative and sophisticated ways to try to steal your money.
Financial decisions are not something you probably want to share. Not only are they extremely personal, but with today’s increasing number of sophisticated finance scams, it’s more important than ever to be extremely careful about who you share financial information with.
