Your Window on WEALTH- Summer 2021 As the country emerges from lockdown, an increasing sense of optimism seems to have filled the air with a much more familiar feel returning this summer. And there’s plenty to look forward to over the coming months, with a host of major sporting events including the Olympics to excite and enthral us, audiences returning to theatres and concert halls across the land, and the rearranged Chelsea Flower Show set to extend summer into late […]
Glimmers of hope for the New Year Over the past year, our vulnerabilities have been starkly exposed by coronavirus, and the pandemic continues to present an array of challenges on many different levels. Economic frailties have also been laid bare but, as we enter a new year, shoots of optimism are beginning to emerge, with rising hopes of recovery in 2021 and beyond. A gradual recovery The International Monetary Fund’s (IMF) final 2020 assessment of global economic prospects was entitled […]
Your Window on Wealth AUTUMN 2020 Coronavirus – a black swan event? When the COVID-19 pandemic struck, the severity of its impact on global societies and economies was shocking. Yet critics are insisting that the repercussions could (and should) have been foreseen. Does this make it a ‘black swan’ event? Originally coined by financial theorist and writer Nassim Nicholas Taleb, the term ‘black swan’ has come to denote any event that: • Is extremely rare • Has a severe impact • […]
In the current climate, there is uncertainty in all of our lives with both health and financial concerns. However, while we are all understandably focusing on the here and now, it might be worth using this time to take a step back and review your long-term financial wellbeing as well. This newsletter takes a look at some of the areas you might want to consider. Of course, we are on hand to support you through any challenges ahead. Make time […]
Financial resolutions for a prosperous New Year The New Year period is a common time for people to take stock of their finances and make resolutions designed to boost their financial wellbeing. And a new study has found the likelihood of success in this area is heavily linked to receiving professional advice and the establishment of clear financial objectives. Advice is key to success The recently released research1 actually provides a quantitative measure of the value attributed to advice when […]
How much do you need to retire comfortably? People on an average salary who wish to retire at the age of 65 will now typically require a pension pot of almost £450,000 in order to fund their retirement until they are 100 years old, recent analysis has found1. Never too early to start saving The research also shows that an individual who starts saving into a pension at 25 years of age will need to invest around £235 a month […]
Winter 2019 INSIDE THIS ISSUE: In the News / What the 2018 Budget means for older people / Number of working women aged 60-64 has doubled / Gifting early to avoid IHT / Trends in baby boomer retirement plans / Where we spend our money / Over-55s feel the pinch from being the ‘Bank of Mum and Dad’. What money rules would you pass to the next generation? As parents and grandparents, we all hope the values that we […]
FIVE PERSONAL FINANCE HABITS WE SHOULD ALL ADOPT While most of us think we’re pretty good with our money, we can all benefit from giving our finances a regular health check. If you’re looking to get to grips with your finances and develop better habits, then setting yourself some financial goals and drawing up a budget is a good way to get motivated. Priority debts are those that have the most serious consequences if you don’t repay them, and aren’t […]
COULD YOU BE AN ISA MILLIONAIRE? Individual Savings Accounts (ISAs) are a great way to invest free of tax on the income and any capital gains. The amount you can put in each year has gradually increased. A growing number of people are becoming ‘ISA millionaires’ as a result of rising stock market prices, and the steady increase in the annual ISA allowance. GENEROUS ANNUAL LIMITS The allowance for the 2017-18 tax year is set at £20,000, meaning that couples […]
In Philip Hammond’s first Autumn Budget, the second Budget of 2017, the Chancellor of the Exchequer promised that his Government would, “invest to secure a bright future for Britain”. Set amid a backdrop of political and economic constraints, and with Brexit negotiations at a critical phase, the Conservatives are under intense pressure. The abolition of stamp duty for most first-time buyers and an array of other housing measures were prominent announcements. OBR FORECASTS The Chancellor began by confirming that […]