Financial Advice Blog
Articles about Financial Advice for you and your family.
Premium Bonds prize rate hits 15-year high, but are they worth it?
3There are now more chances to win through Premium Bonds as the prize rate reaches a 15-year high. So, what are your odds of becoming a millionaire overnight and are they worth it? Read on to find out. Premium Bonds were first introduced in 1956 to encourage more...
Explained: How pension tax relief works and boosts your retirement savings
Tax relief could boost your pension and mean you have more financial freedom in retirement. Yet it’s something that you may overlook when reviewing your pension, as analysis suggests that some workers aren’t claiming their full entitlement. In fact, according to a...
Soaring inflation drives up retirement costs by almost 20% in just a year
High inflation means retirees could need to increase their budget by almost 20% to maintain the same lifestyle, research suggests. If you’re drawing an income from your pension, it’s vital you understand whether withdrawing more is sustainable. The UK experienced high...
Estate planning: 3 different ways you can pass on wealth to your loved ones
A key part of your estate plan is setting out how you’d like to pass on assets to loved ones. There’s more than one option to consider, so read on to find out more. Your estate plan should consider how you’ll use your assets during your life and what you’d like to...
Your guide to pension consolidation: The pros and cons you need to know
Do you have multiple pensions? It could make it difficult to manage your pension savings during your working life and when you retire. In some cases, consolidating them could be beneficial. This guide explains what you need to know about transferring your pension...
5 useful ways the Bank of Mum and Dad could help first-time buyers
Rising interest rates and the cost of living crisis mean it’s more difficult for first-time buyers to get on the property ladder. People are increasingly relying on the so-called “Bank of Mum and Dad” for a helping hand, but what are your options? Over the last...
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