Blog
Many wonder how long they need to invest their money. Like many others in life, the answer is “it depends.” While no two circumstances are identical, understanding the behaviour of the investment markets can help you make an informed decision. History also shows that the longer you invest, you increase your chances of making money
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We all wish we could outwit the financial markets. Instead of trusting them to produce life-changing returns, we fool ourselves into believing that we can predict when the market will fall and then rise again. No one is immune to this temptation, but we can cure ourselves of the desire to act on it. With a
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Later-life care can be a complex topic to discuss and plan for. However, making a care plan now ensures that your wishes are carried out and that you have long-term security. If you haven’t addressed it yet, keep reading to find out what you should do. According to a Canada Life survey, 7 in 10 UK adults
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You might be unsure of your duties as a trustee and the procedures you must follow. Here are some crucial things you should be aware of if you’re a trustee. Being a trustee entails taking charge of funds or property placed in a trust for another person, referred to as the “beneficiary,” by a person
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Our colleagues at Timeline, who manage the portfolios we recommend to our clients, have put together a paper on the investment case for commodities. We class commodities as ‘alternative’ investments. Unlike ‘traditional’ assets such as bonds and equities, commodities are physical assets that produce no income and may incur storage and transportation costs. This makes
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In May, the Institute for Fiscal Studies released one of the first pieces of academic research into the spending of British retirees. The report looked at changes in spending throughout retirement over time. Perhaps the most important conclusion is that those who have not yet retired shouldn’t expect their overall spending to fall sharply during
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Kwasi Kwarteng, in his new role as chancellor, unveiled his plans for growth, bringing down inflation, backing businesses, and helping households. Although much of its content was already known, it still contained a few surprises. What changes have been made to personal taxation? The mini-budget has delivered a variety of tax cuts, including: Income tax:
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HMRC intends to change the rules on transferring assets between spouses and civil partners who are in the process of separating and are no longer living together. What are the current rules? Currently, spouses and civil partners can transfer assets between themselves without any tax ramifications, up to, and including, the year they permanently separate.
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Having a baby is one of the most exciting, life-changing events you’ll ever experience. But along with the joy and happiness that comes with starting a family, there is also the reality of the added costs. On average, in 2021, the total cost of raising a child to the age of 18 now stands at
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LCP, a pensions consultancy that counts former pensions minister Sir Steve Webb amongst its employees, has published a guide looking at the pros and cons of someone combining all their pensions in one pot. To a certain extent, the guide is aimed at those looking to consolidate their workplace pensions, but the points covered can
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