Last year, former chancellor Rishi Sunak announced that he would freeze Income Tax thresholds until 2026, and it means far more people will be paying the higher- or additional-rate tax in the future. Coupled with the freeze, it’s anticipated that wages will rise at a faster pace than expected thanks to high levels of inflation […]
The State Pension is often an important part of your retirement income, so should you top up your National Insurance contributions (NICs) to increase it? Even if you have other pensions or income in retirement, your State Pension can be valuable. As it’ll be paid from when you reach State Pension Age for the rest […]
A trend among modern retirees to increase their spending as they get older could mean that some run out of money during their lifetime. The new research is an important reminder to consider how your spending needs will change during your retirement. Traditionally, spending has been higher during the initial few years of retirement as […]
Travelling doesn’t have to just get you from A to B. These stunning train journeys can evoke the feel of a bygone era of luxury train travel through scenic Europe. Luxury train journeys were first introduced in the 1860s, with the Orient Express becoming the most well known. Originally, it travelled from Paris to Istanbul […]
More than a quarter of people feel anxious about money, according to research from the Money and Pension Service (MAPS). People that have recently experienced poor mental health are more likely to worry about finances, which in turn can further harm their wellbeing. The research highlights the link between mental health and feeling in control […]
Being a trustee comes with many responsibilities, and, in some cases, you will need to register a trust with the Trust Registration Service (TRS) by 1 September 2022 or you could incur a fine. A trust is an arrangement that lets someone, known as the settlor, set money or assets aside for someone else, known […]
Key tax allowances like the Personal Allowance and Capital Gains Tax (CGT) annual exempt amount can help your money go further. As research shows that overall tax allowances have been cut, it’s more important than ever to understand what allowances make sense for you, and how they can complement your financial plan. According to calculations […]
Inflation has been in the news for months now, as the rate increases. While you may notice the effects inflation has on the price of goods when you visit the supermarket, it can be more difficult to understand how and why it’ll affect things like your savings. More than half of cash savers don’t know […]
Pension auto-enrolment means that if you’re employed you’ve likely been automatically enrolled into a pension and contributions are deducted from your pay. However, the minimum contributions may not be enough to secure the retirement you want, and the sooner you identify a gap, the more options you have. The current minimum contribution is 8% of […]
For many people, travelling abroad has been put on hold for the last two years. As pandemic restrictions continue to lift around the world, you may be planning a city break to explore a new culture and escape. Keep in mind that Covid-19 rules vary around the world. You should check what restrictions are in […]
If you would like to speak to a member of our team, please enter your details below and we will be in touch.