The UK property market freeze – what it means for you

The COVID-19 lockdown has put the UK’s housing market on hold. Find out what impact this could have on you, whether you’re hoping to buy, sell, move home or just remortgage – and how long it might last. The UK government has defied King Canute, and held back the UK’s most powerful tide: the property … Continue reading “The UK property market freeze – what it means for you”

Tips for small businesses on surviving coronavirus

As much of the UK goes into quarantine to help stop COVID-19, your business may be feeling the pinch. If your customers are staying away and the bills still need paying, what can you do to help your business through these tough times? For once, we really are all in this together. The coronavirus crisis … Continue reading “Tips for small businesses on surviving coronavirus”

Managing your money in Brexit Britain

Well, we’re out. Except, not quite. Though the UK’s official departure from the EU was marked at 11pm local time on 31 January, very little has in fact changed yet. Over the next 11 months the UK will continue to follow EU rules and regulations (though it will no longer have a say in them), … Continue reading “Managing your money in Brexit Britain”

Women have two-thirds less saved at retirement

With people living longer due to higher living standards and better healthcare, people’s pension savings are having to stretch further. This is an especially worrying thought for women, who have on average £106,000 less in their pension pots than men when they reach retirement. While women have around £51,000 saved to see them through retirement, … Continue reading “Women have two-thirds less saved at retirement”

Inventive investors led the way

We hear a lot about the need to diversify investments; the lesson involving eggs and a basket could become tedious if it weren’t so important. Even savings accounts may need to be spread if you’re placing money in excess of the limits for deposits covered by the Financial Services Compensation Scheme (FSCS). The need for … Continue reading “Inventive investors led the way”

Rising to the challenge of university

It’s now widely accepted that university isn’t the only path to rewarding and satisfying employment. Both vocational training and apprenticeships feature amongst other routes available to youngsters today. In addition, let’s not forget those who choose to enter a workplace direct from school and embark upon a successful career. Although equality of opportunity may still … Continue reading “Rising to the challenge of university”

What is ethical investing?

Ethical investing has crossed over into the mainstream, as more investors choose to allocate their money toward companies whose practices and values align with their personal beliefs. These beliefs can be environmental, social, political or religious, for example. Investors may wish to exclude certain industries or allocate their funds to sectors which match their ethical … Continue reading “What is ethical investing?”

Live for the day (but plan for tomorrow)

A recent survey from the Pensions and Lifetime Savings Association (PLSA) has found that 77% of savers don’t know how much money they’ll need in retirement, demonstrating a need for clearer guidance to help savers to engage with their pensions1. HELP IS AT HAND Recently, the PLSA published its Retirement Living Standards, which outline three … Continue reading “Live for the day (but plan for tomorrow)”

‘You forgot your tax return again…?’

Are you going to meet the 31 January deadline for submitting your self-assessment tax return for the tax year ending 5 April 2019? Or will you spend the time instead thinking of excuses? ‘I forgot.’ ‘I was busy with work.’ ‘It looked complicated so I kept putting it off.’ ‘I didn’t realise I had to do it.’ … Continue reading “‘You forgot your tax return again…?’”

UK steps closer to introducing CDC pension schemes

A new kind of pension could begin to improve retirement outcomes for UK workers, once the latest piece of pensions legislation is passed. Collective Defined Contribution (CDC) schemes would merge some elements of defined benefit schemes with the basic principle of defined contribution schemes, creating a ‘hybrid scheme’ that combines employer affordability with greater security … Continue reading “UK steps closer to introducing CDC pension schemes”