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 you could use to pass on assets. The trust would be set up so …
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 …
Alcohol is known to significantly impact people’s lives, posing potential health risks, affecting relationships, and influencing one’s ability to work. However, one often overlooked aspect of alcohol consumption is its substantial financial implications. With Alcohol Awareness Week being observed during the first week of July in the UK, it is the perfect opportunity to address and understand the financial aspects …
For many, owning a property mortgage free is the ultimate financial goal. A mortgage can be a significant burden on your finances, and the idea of paying it off early can seem daunting. However, with some careful planning and determination, you can achieve this goal and enjoy the benefits of being mortgage-free sooner than you think. In this guide, we’ll …
As we approach retirement, it is important to plan ahead and ensure that we have enough income to maintain our standard of living. While pensions provide a solid foundation for retirement income, taking additional steps to boost our pension income is often necessary. In this article, we will explore several effective strategies for increasing pension income in the run-up to …
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 …
Retirement is a crucial stage of life that deserves careful planning and preparation. It is a time when people typically stop working and start living off their savings, investments, and Social Security benefits. Retirement planning involves developing a long-term strategy to ensure that you have enough income to support your lifestyle after you retire. Read on as we provide a …
Economies and businesses still face challenges, but statistics indicate some of the pressure, including rising inflation, is starting to ease. Read on to find out what affected investment markets in May 2023. Remember, you should have a long-term outlook when investing. You should have an investment portfolio that reflects your goals and you feel confident in. Please contact us if …
Aspiring homeowners who are struggling to save a deposit could now make use of 100% mortgages as they return to the market. While they could be valuable, there are some drawbacks to weigh up. Mortgages that don’t require a deposit have been available in the past. However, they’ve been absent from the market for several years as lenders sought to …
Downsizing your home as you get older is a common step. If it’s something you’ve been thinking about, there are great reasons to take the leap. Yet, research also suggests many people don’t go through with their plans, so being aware of the potential challenges is important too. According to research from Key, almost 3 in 10 over-45s say they …
