The Spring Statement 2025 has brought several important changes that could affect your personal finances. With lower growth forecasts, inflation expectations, and new welfare reforms, it’s crucial to understand how these updates could impact your financial planning. Here’s a breakdown of the key changes and tips on how to adjust your strategy accordingly. Economic Outlook – Slower Growth, Higher Inflation …
As some cryptocurrencies have delivered large returns in the past, you may be more likely to overlook red flags when you’re assessing an investment opportunity. Yet falling victim to a scam could leave you out of pocket and affect your mental wellbeing, so being aware of the warning signs could be essential. According to the City of London Police, more …
Even if your current mortgage deal doesn’t expire for a few months, searching the market now could be worthwhile and might even save you money. You can usually lock in a new mortgage deal up to six months before your existing one ends. While it might seem like a non-essential task right now, tackling it sooner rather than later could …
After reading headlines throughout February, you might be expecting a gloomy investment outlook. Yet, despite threats of trade wars and uncertainty around the world, there were market highs. Read on to find out more about some of the factors that influenced investment markets. As investment markets are experiencing volatility, it’s perhaps unsurprising that some investors sought the “safe haven” of …
A combination of rising rates and panic ahead of the current government’s first Autumn Budget has led to HRMC collecting a record amount in Capital Gains Tax (CGT) towards the end of 2024. According to a report in the Telegraph, between July and November 2024, CGT generated more than £1 billion for the government – more than a £200 million …
Reaching the minimum pension age and being able to access your retirement savings might mean new possibilities opening up. You may start thinking about giving up work, withdrawing a lump sum to pursue a goal, or using your pension to boost your regular income. It’s an exciting time, but it’s also important to evaluate your decisions and consider how they …
Those who have retired or are nearing the milestone are consistently overlooking the risk of financial shocks when compared to other generations, a survey published in PensionsAge in December 2024 suggests. According to the report, 43% of over-50s had thought about financial shocks but not included the risks in their retirement plan. A further 32% haven’t considered risks at all. …
At TPD Wealth, we believe that a healthy workforce is a happy and productive one. That’s why we’re thrilled to take part in the Healthy Heart initiative by Stockport Council, offering FREE Healthy Heart Checks to our employees. This initiative aligns perfectly with our ongoing commitment to employee wellbeing and ensures that our team has access to essential health screenings …
The gender pension gap is a pressing issue, and it grows wider after women have children. While men’s pensions tend to stay on track, for women, the gap between their retirement savings and a typical man’s starts to widen significantly. Here’s why: Career Breaks for Childcare It’s no secret that women tend to take on the lion’s share of childcare. …
Concerns around potential trade wars following President Trump’s inauguration weighed on investment markets in January 2025, but there was positive news too. Read on to discover some of the factors that may have affected the performance of your investments. Keep in mind that short-term market movements are part of investing and taking a long-term view is an important investment strategy …
