The topics you need to be talking about with your parents

Talking about money with your parents can be difficult. However, these conversations can also be some of the most important ones you will have with those you love. It doesn’t need to be a full examination of their financial records, as you clearly don’t want to overstep any boundaries or cause offence. But there are... Read more » Read More

5 key financial changes to watch out for in 2018

As with any new year, there are a number of financial changes coming up in 2018 which are likely to impact on your monthly budget and long-term saving goals. Let’s have a look at five of the most significant and what they’re likely to mean for you over the next twelve months.   Automatic enrolment... Read more » Read More

Half of Britons expect young to be worse off than parents

A recent survey by the think tank, the Resolution Foundation, has found that almost half (48%) of respondents expected people born between 1981 and 2000, categorised as millennials, to have a standard of life worse than their parents due to economic concerns. In contrast, only 23% believed that millennials could expect their standard of life... Read more » Read More

How long would your savings last?

A recent survey has found that the typical working person in the UK has around a month’s worth of savings to be able to maintain their current lifestyle should their income stop without warning. The data collected from 2,000 people found that the average person’s savings would support them for 32 days. More worryingly, 26%... Read more » Read More

Why retirement is worrying millennials and what steps they are taking

A recent study by HSBC has revealed the main financial worries of the ‘millennial’ generation, recognised as those born between 1980 and 1997. As its title suggests, the ‘Future of Retirement’ survey focuses primarily on how millennials feel about how they are preparing for life after work, but also delves into the wider issues around... Read more » Read More

Auto-Enrolment update: it’s the turn of small businesses

As auto-enrolment in pension schemes continues to roll out, the staging date for many small businesses is fast approaching. Whilst The Pensions Regulator estimates that 374,300 small employers enrolled in 2016, more than double that amount will reach their staging date in 2017, with the figure estimated at around 800,000. Recent figures from YouGov revealed... Read more » Read More

Earning over £150,000? You need to review your pension. Here’s why.

If your annual income is above £150,000, then your pension allowance has been subject to tapering since April this year. For every £2 of income over £150,000, your £40,000 annual allowance is reduced by £1, with the reduction rounded down to the nearest whole pound if necessary. Reductions are capped at £30,000, meaning that those... Read more » Read More

4 things to do before the end of the tax year

The beginning of a new calendar year should serve as a timely reminder that we’re only three months away from the end of the current tax year. It might feel at the moment as though there’s plenty of time until the beginning of April, but ensuring you make use of the remaining months before they... Read more » Read More

Avoiding Rush Hour Traffic

The last business day of May is among the busiest for share traders around the world. It is one of the days that MSCI, a large index provider, rebalances many of its indices; restating the companies it believes to be representative of a particular market. Read More