Guide: Your complete guide to buy-to-let

Buy-to-let properties can provide an additional income stream and help you to support your goals. As a result, becoming a landlord is something you may have thought about. For example, you may want to purchase a buy-to-let property to diversify your assets or provide children with an inheritance. One of the most common reasons is…

Investment market update: July 2022

The ongoing war in Ukraine, rising interest rates and soaring inflation could be pushing some economies towards recession in the coming months. This uncertainty has caused real volatility in global stock markets. Indeed, 2022 was the worst first half of the year for developed market equities in more than 50 years. As an investor, you...

Why governance is a critical part of ESG investment criteria

It’s becoming more common for investors to consider non-financial factors when they make investment decisions. While investors may discuss the environmental and social pillars of ESG investing, they often overlook governance. Yet, it’s a crucial part of the process. ESG investing simply means using criteria across three broad categories – environmental, social, and governance –...

7 important things to know if you’re a trustee

As a trustee, you may be unsure about what your responsibilities are and the steps you need to take. If you’re acting as a trustee, here are some of the essential things you need to know. Being a trustee means that you’re taking responsibility for money or assets that someone, known as the “settlor”, has…

5 crucial things you need to consider when reviewing your estate plan

If you have an estate plan, you shouldn’t simply forget about it. Instead, regular reviews can help ensure it continues to reflect your wishes and circumstances. Sometimes you may have a specific reason to review your estate plan. Life milestones can often cause you to reflect on the steps you’ve previously taken. Experiences like getting...

Annuity rates are rising, and they could provide retirees with a valuable reliable income

Annuities used to be an essential part of retirement planning, but they’ve fallen out of favour since the government introduced Pension Freedoms legislation in 2015. However, now that annuity rates are beginning to rise, they could provide financial security in retirement. If you have a defined contribution (DC) pension, you’ll have a fund that you...

Why September’s inflation rate could deliver a bumper boost to your State Pension

For months, you’ve probably heard about the cost of living crisis and how it means your budget needs to stretch further. However, if you collect the State Pension, the high rate of inflation could mean it increases by a record amount in the 2023/24 tax year. The State Pension benefits from something known as the...

Investment market update: June 2022

Rising inflation and concerns about recession risks continue to place pressure on households and affect economies around the world. The World Bank has slashed its 2022 global growth forecasts from 4.1% to 2.9%. The organisation also warned the global economy is at risk of experiencing stagflation, where economic growth is stagnant, but inflation is high....

Business owners, is poor financial wellbeing among your employees affecting operations?

Research suggests that many employees feel like they’re not receiving enough support to improve their financial wellbeing. It could affect business operations, and cost you money too. Financial wellbeing isn’t just about income. It covers things like financial literacy, confidence, and having a good relationship with money. As an employer, you can do several things…

Inflation: What happened the last time the cost of living was rising this rapidly?

The cost of living is rising quicker than has been normal in the last few decades. Indeed, the last time inflation was this high was in the 1980s. So, what happened then compared to now? According to the Office for National Statistics (ONS), inflation in the 12 months to May 2022 was 9.1%. As a...

5 compelling reasons why you should share a financial planner with your family

Money and financial decisions are often seen as a personal matter. However, making your family part of the financial planning process and discussing your goals with them can be valuable. A report from M&G Wealth found that 33% of advised families share the same adviser, with around 57% of those sharing the same adviser as...

How to protect vulnerable family members from financial abuse

Sadly, vulnerable people are more likely to be a victim of financial abuse. However, if you think a family member may be at risk, keeping an eye out for signs of financial abuse could prevent it from happening. Financial abuse is when someone in a position of trust interferes in another’s ability to acquire, use...