A cut to National Insurance (NI) in the autumn statement appears good for struggling budgets. But in reality we’re still set for a post-war tax burden high, and this barely makes a dent. Thresholds for income tax as well as NI have been frozen and are set to remain the same until 2028 – with the additional...Read More

The conservatives are considerig reforms to inheritance tax (IHT) in a bid to shore up voter support ahead of next year’s general election. Some of the ideas include cutting the 40% headline rate and scrapping IHT altogether. The final decision lies with the Chancellor of the Exchequer Jeremy Hunt, who’s unlikely to announce any concrete...Read More

As fixed-rate terms come to a close, a significant influx of funds is poised to enter the savings market. Failing to capitalize on this opportunity could result in a loss of over one billion pounds in interest. It’s been approximately a year since savers allocated their funds to fixed-term savings. Between July and September 2022,...Read More

The latest wage and inflation data for this month has given us some interesting insights. Inflation has continued to decline, reaching 6.8% in July, while on the other hand, average wages, including bonuses, have surged by an impressive 8.2%. The combination of decreasing inflation and increasing wages may seem like positive news for individuals trying...Read More

The standard approach to retirement planning has typically been to mainly invest in funds that invest in shares while you’re young. Then as you get closer to retirement, to gradually de-risk your portfolio by choosing funds that invest in a mixture of investments including bonds, as well as cash. Lifestyling The idea is to benefit from the long-term investment...Read More

Investment bankers in the UK enjoy lucrative careers, fast-paced environments, and substantial incomes. However, amidst the demands of their profession, it is crucial not to overlook retirement planning. While retirement may seem distant, it is essential for investment bankers in the UK to begin saving early and make informed financial decisions. Longevity and Lifestyle Investment...Read More

Artificial Intelligence (AI) is the undeniable disruptor reshaping industries and creating new paradigms. It’s crucial to recognise the immense potential and lucrative opportunities that lie within the realm of AI investments. Artificial Intelligence has evolved from a buzzword to a game-changer, revolutionising sectors such as finance, healthcare, manufacturing, and more. This exponential growth shows no...Read More

Being tax efficient around Inheritance Tax is something that investors should consider and plan out in advance. UK families have paid an extra £600 million in death duties after missing out on tax reliefs? The Government were expected to have raised £6.7 billion in 2022 from Inheritance Tax. Inheritance Tax Inheritance Tax is a tax...Read More

In general parents tend to have less resilience than their child-less counterparts when it comes to everything from savings and debt, to how much surplus cash is left over at the end of the month. This isn’t just the case for lower earners, higher earning parents also have some gaps too. Government Help You won’t...Read More

Pensions can usually be passed on to your loved ones free from inheritance tax (IHT). Now that there is effectively no limit on the overall amount of money you can tax-efficiently build up in pensions over your lifetime, revisiting your estate plan could allow you to make a more meaningful difference to your children or grandchildren’s financial future. ...Read More