ISA, pension and tax rules can change, and their benefits depend on your circumstances. Here are some things you can do: Pension Contribution We’ve seen a 71% surge in people maxing out their Self-Invested Personal Pensions (SIPPs) so far this tax year – likely in response to rumours that the chancellor might have the annual allowance or...Read More

UK inflation is nearing its target, but there’s still no certainty about the Bank of England rate cut.  The Bank of England will want to see more signs that inflation is under control before cutting interest rates. It’s expected that a rate cut might not now come until August, or even later. Savings and annuities providers...Read More

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

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

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

Men born after 5 April 1951 and women born after 5 April 1953 are able to buy extra National Insurance years to top up their State Pensions. If you are eligible, you may be able to make up for gaps between tax years April 2006 and April 2016  – this needs to be done before 31st...Read More

January is a great time to review your finances and make sure everything is running smoothly. With high inflation and taxes on the rise, the changes you make today could have a significant impact on the health of your finances in this year and beyond. Here are some financial resolutions that could help you commence...Read More

The media may be negative on the UK housing market but when it comes to the UK, owning a property is more positive than it may seem.  The Negative Narrative – First Time Buyers The narrative we hear around the housing market is of an investing context. This consists of forecasts that are a couple...Read More

Demand is slowing but still strong transaction data. Demand remains above average but analysts are forecasting a weakening market as households feel the pinch with the cost of living rising. Mortgage approvals are 9% down and the government help to buy scheme ends this month. Lifetime ISA Support is still afforded to first time buyers...Read More