Mistakes, financial or otherwise, are a part of life, and it’s normal to make them from time to time. While mistakes can be frustrating, moving past them is important. Holding onto mistakes and letting them dictate the decisions you make now could cause problems. For example, feeling embarrassed about a financial mistake could lead you to avoid engaging with your …
On 5 April 2026, the current tax year will end, and the new one will start the following day. Making a note of the deadline in your calendar could help you make the most of tax breaks as part of your financial plan. Here’s why the start of a new tax year might matter to you. 1. 5 April 2026 …
If you’re saving for retirement, you will want to get the most out of what you’re putting into your workplace or private pension. Fortunately, there are plenty of tax efficiencies when you save your wealth into a pension. Indeed, any investment returns generated within your fund are typically free from Income Tax and Capital Gains Tax. Better yet, you can …
Despite ups and downs throughout the year, 2025 proved to be a great year for the FTSE 100 – an index of the 100 largest companies listed on the London Stock Exchange. According to the Guardian (31 December 2025), the FTSE 100 increased in value by a fifth in 2025, marking the strongest annual gain since 2009. When markets closed …
Compared to other countries in Europe and the US, Brits are among the least likely to take out life insurance, and it could leave their families in a vulnerable position if the worst happened. Life insurance would pay out a lump sum to your beneficiaries if you passed away during the term. Your loved ones could use the money however …
Geopolitical tensions and threats of trade tariffs continued to impact global investment markets at the start of 2026. Read on to find out what factors may have affected your investments at the start of 2026. Markets experienced highs, but geopolitical tensions continue to cause volatility On 2 January, the first day of trading in 2026, the FTSE 100 – an …
As 2026 begins, it’s a good time to think about what you want to achieve in the coming months. A tailored financial plan can help you set realistic goals. Creating goals on your own can be challenging, especially if they bring together several different parts of your financial plan or have a long-term time frame. If you’re overly ambitious, it …
You might already know that salary sacrifice can be a practical way for your employees to bolster their retirement funds, while reducing their tax liability. However, in the 2025 Autumn Budget, the government announced changes to how salary sacrifice is treated for National Insurance (NI) purposes. From April 2029, a new cap will be introduced, limiting the portion of pension …
In the Autumn Budget 2025, the chancellor announced that Inheritance Tax (IHT) thresholds would remain frozen for a further year, until 2031. Upcoming changes will also see unused pensions included in an estate for IHT purposes for the first time from April 2027. These measures could see estates facing a larger IHT liability, or coming into the scope of IHT …
A third of people don’t know how much they need to contribute to their pensions every year to create a comfortable retirement, according to a MoneyAge article (11 November 2025). Striking the right balance with pension contributions is important. Contribute too little, and you could leave yourself short in retirement. If you contribute as much as possible to your pension …
