Young and in debt

“Blessed are the young, for they shall inherit the national debt” – Herbert Hoover Today’s younger generation may well be discovering the truth of Hoover’s remarks as they adjust to living with the consequences of the 2008 banking crisis. Millennials – typically defined as those born between the 1980s and early 2000s – face lower … Continue reading “Young and in debt”

Innovative Finance – a more interesting way to save?

Innovative Finance ISAs are now available – and they’ve got savers excited. Promising around double the interest of the best cash ISAs, they allow tax-free investment in peer-to-peer lending. Are they what we’ve all been waiting for? Lately we have seen a flurry of developments on the ISA front.  In April of this year we … Continue reading “Innovative Finance – a more interesting way to save?”

Today’s the day for advice

On the first working Monday of the New Year, more people search for a financial adviser than on any other day. Will you be among them? Whether you’re saving, buying a home or drawing a pension, here’s how independent advice can give you the best possible start to 2017. Advice Day isn’t one of those … Continue reading “Today’s the day for advice”

Insulate your money this winter

Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. If your home loses heat, you lose money. We’ve … Continue reading “Insulate your money this winter”

Your 10-point plan for the perfect pension

Do you tend to plan your life, or just go with the flow? When it comes to ensuring you’ve got money to spend in retirement, the only way is planning. Whether you’re just starting your career or about to end it, here are the 10 best pension tips to live by. ‘Pension are for old … Continue reading “Your 10-point plan for the perfect pension”

Are you ready for the savings crunch?

Years ago we had the credit crunch – will the savings crunch be next? A double-whammy of low interest rates coupled with inflation could cause your ‘safe’ cash savings to erode.  Maybe it’s time to look at some alternative strategies. You know the traditional hierarchy of investments? (Actually, no. I have a life. Ed.)  Well, … Continue reading “Are you ready for the savings crunch?”

The power of a savings MOT (‘Moment of Truth’)

A report by Royal London has revealed the battle faced by over a third of UK consumers. Day-to-day spending needs mean that many are finding it impossible to save for retirement. But there may be a solution in the form of one-off opportunities, if these can be identified in time: the savings ‘Moments of Truth’. … Continue reading “The power of a savings MOT (‘Moment of Truth’)”

Had a bad day on the stock market?

So you had a bad day, as the song goes. The Brexit vote has reminded investors that the stock market is not for the faint of heart – but nor is it for the impulsive or impatient. It’s time to take a step back and examine the EU Referendum’s lessons for investors. ‘Rollercoaster ride’ is a … Continue reading “Had a bad day on the stock market?”

After Brexit vote: six fundamental impacts on your finances

The historic EU referendum decision caused turmoil on financial markets in the days that followed. One week on, stockmarkets may have recovered but a number of factors have changed that will affect UK investors’ wealth. The recovery in stockmarkets is due in part to the prospect of central banks pumping more money into the economy. … Continue reading “After Brexit vote: six fundamental impacts on your finances”