In today’s fast-paced and increasingly digital world, investment scams have become distressingly common, targeting individuals of all ages and backgrounds. However, a recent study by the Financial Conduct Authority (FCA) has found that a staggering 26% of investment scam victims are under the age of 30, reflecting a concerning trend of young people falling prey to opportunistic fraudsters. This alarming …
Investing 101: What you need to know about tax efficiency and your investment options
Investing may provide a useful way to grow your wealth, but getting started can be overwhelming. There are some important decisions to make when investing that could affect the outcomes and the tax you’re liable for, and we’re here to offer support. Last month, you read about investment risk and what to consider when creating a risk profile. Now, read …
Sustainable Investing: Aligning Your Portfolio with ESG Principles
As awareness about the environmental, social, and governance (ESG) impacts of business practices increases, investors are becoming more conscientious about aligning their portfolios with sustainable and ethical principles. Recognising the growing importance of ESG-based investing, TPD Wealth Management offers tailored advice to clients seeking to invest responsibly without compromising their financial goals. Our experienced independent financial advisors are adept at …
A Guide on Pension and Investments for a Comfortable Retirement
Retirement planning is an integral part of securing your long-term financial well-being and ensuring a comfortable life in your post-work years. The idea of maintaining a steady income and enjoying the fruits of your labour may seem overwhelming, but with over 100 years of collective experience, the team at TPD Wealth Management can provide invaluable guidance in making your retirement …
Investing 101: 5 essential questions you need to answer to balance risk
When you’re making investment decisions, balancing risk is an essential part of the process. Creating a risk profile can help you understand which investments are appropriate for you. Last month, you read about the benefits of investing and how it could boost your wealth over the long term. While investing can be a valuable way to increase wealth, it also …
Maximizing your wealth: Understanding investment strategy
Navigating the world of investment can be intimidating, especially when choosing an investment strategy that aligns with your financial goals and risk tolerance. With numerous options available in the UK, it’s crucial to understand the fundamentals of investment strategies, the various types, and how to select the right one for you. What Is an Investment Strategy? An investment strategy is …
Why inaction is a crucial part of successful investing
When you think about investing, it’s probably the actions you take that come to mind. That could be researching a fund or actively investing in a company by purchasing shares. However, the steps you don’t take are just as important for your portfolio to be successful. That may sound strange, but not acting on impulses or short-term market movement is …
Should you lock in your savings interest rate now?
Over the last 18 months, interest rates have increased and the rate your savings could earn has slowly been rising. However, with some experts predicting they will begin to fall towards the end of the year, should you lock in an interest rate now? Double-digit inflation figures have led to the Bank of England increasing interest rates The Bank of …
Revealed: A long-term investment strategy could be key to beating inflation
Over the last year, you may have been affected by soaring inflation, rising interest rates, and volatile market conditions. The good news is that research shows a long-term investment strategy could help you grow your wealth despite a challenging environment. Inflation has been high over the last 12 months, and it could have eroded the value of some of your …
Corporation Tax hike: Here are the essentials business owners need to know
The rate of Corporation Tax your business pays may have changed for the 2023/24 tax year. It could affect your profit margins and long-term plans, so it’s crucial you understand what the new rates could mean for your business. After a series of announcements and U-turns in 2022, you may not be fully aware of the changes to Corporation Tax. …