Financial Advice Blog

Articles about Financial Advice for you and your family.

AI can’t replace real retirement advice

Retirement planning is too important to rely on generic answers. While tools like ChatGPT are growing in popularity, they provide guidance – not regulated, personalised advice, tailored to your circumstances.Recent findings highlight a rising trend of people turning...

ISA confusion holding back investors

Research shows 60% of Cash ISA holders could be persuaded to invest some of their savings in a Stocks and Shares ISA. While two thirds of UK adults have an ISA, confusion around how they work remains widespread more than 25 years after launch.Financial constraints are...

Long-term investing – lessons from history

Markets have experienced a challenging few months. Following the downturn, investors will no doubt be pondering their portfolios. Interesting research3 explores the validity of the longstanding adage - time in the market, not timing the market. The numbers really do...

“Philanthropy lies at the heart of human greatness”

The act of philanthropy can be defined as a desire to promote the welfare of others, expressed especially by the donation of money to good causes, such as charities or other deserving causes. It’s not straightforward to identify precisely what qualifies as...

Financial education – giving your children a head start

Keeping your children occupied at home can prove challenging; it’s a real strain, trying to keep them engaged and interested. With the COVID-19 outbreak causing the majority of children to be home-schooled, parents are understandably concerned about their education...

Cashless society – a worrying prospect for many

As society fast becomes cashless, a recent review has called for extra safeguards to support the cash infrastructure in the UK8. A significant number of people and businesses are still reliant on cash transactions on a daily basis, and it is feared that the move...

Heirs could inherit up to £1m tax-free

Inheritance Tax (IHT) has come under the spotlight over the past few years; the Office of Tax Simplification have conducted a couple of reviews on the unpopular tax, which was left untouched in the Spring Budget. The good news is that, with expert planning, you can...

Unused services cost Brits £25bn a year

New research2 has found that the typical adult spends £496 per month on regular commitments, but £39 of that accounts for services that aren’t used. The most wasted outgoing is for gym membership, with 12% saying they pay for it, despite not using it. Other unused...

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