November 2023

Everything you need to know about the 2023 Autumn Statement

On 22 November 2023, chancellor Jeremy Hunt delivered the Autumn Statement against a backdrop of a cost of living crisis and a looming general election. It’s been a challenging year with inflation dominating headlines. While inflation has fallen, it’s still higher than the Bank of England’s...

23 November, 2023 / 0 Comments

Financial security is the most important retirement goal for 9 in 10 Brits

When you think about the most popular retirement dreams, an adventurous cruise or having time to put your feet up might come to mind. Yet, a survey found the most common goal for retirement is to achieve financial security. According to Legal & General, a huge...

05 October, 2023 / 0 Comments

40 years of critical illness cover: Could it improve your financial security?

Critical illness cover has been used to form people’s financial safety nets since 1983. Four decades on, it could improve your financial resilience and provide a cash injection when you need it most. Critical illness cover is a type of financial protection that would pay out...

05 October, 2023 / 0 Comments

3 essential factors to consider if you plan to gift wealth to avoid Inheritance Tax

Figures suggest more families are gifting to avoid Inheritance Tax (IHT). While passing on assets to loved ones may seem like a clear solution, it isn’t always so simple. More estates are becoming liable for IHT as thresholds for paying the tax are frozen. The Office...

05 October, 2023 / 0 Comments

5 common mistakes when writing a will that a solicitor could help you avoid

A will provides a way to state who you’d like to receive your assets when you pass away. While you don’t need to work with a solicitor when writing a will, doing so could help you avoid mistakes. Will Aid is taking place in November and...

05 October, 2023 / 0 Comments

Inflation has cost savers £113 billion in real terms in the last year

High inflation over the last year has collectively cost savers billions of pounds in real terms, according to an Independent report. Have you considered the effect the rising cost of living could have on your wealth? While inflation may not reduce how much you have in...

05 October, 2023 / 0 Comments

How to make happiness part of your financial plan

People often think of their financial plan as a way to grow their wealth and provide financial security. You might consider areas like your pension or financial protection to be core parts of your financial plan. Yet, while they’re important, your happiness is essential too. Financial...

05 October, 2023 / 0 Comments

Savers celebrate rising interest rates, but it could mean an unexpected tax charge

After more than a decade of low interest rates, many people will be pleased to see the amount their savings are earning is starting to rise. Yet, it could mean you need to pay a tax charge. Interest from saving accounts may be liable for Income...

12 July, 2023 / 0 Comments

7 common but potentially harmful Inheritance Tax myths debunked

Inheritance Tax (IHT) is often controversial – you may have heard of it referred to as “the most hated tax in Britain”. Yet, despite the coverage it receives, it’s often misunderstood. Common myths about IHT could mean you’re needlessly worrying about a potential bill or...

12 July, 2023 / 0 Comments

5 excellent reasons families use trusts

Trusts can be an incredibly useful way to pass on wealth and preserve assets. Yet, there’s a common myth that they’re only valuable for very wealthy families. Read on to discover why a trust may make sense for you. A trust is a legal arrangement that...

12 July, 2023 / 0 Comments