Financial Advice Blog

In the third quarter of 2017, UK households spent more than their incomes1, giving rise to another fall in the savings ratio, meaning that families may have no savings safety net they can rely on. Everyone needs some money put away for emergencies and for the bigger,...

Philip Hammond has written to the Office of Tax Simplification (OTS) asking them to put forward proposals for the reform of Inheritance Tax (IHT) “to ensure that the system is fit for purpose and makes the experience of those who interact with it as smooth as...

The Treasury has forecast that it will receive an additional £5.1bn in tax by April 2019 as a result of the pension legislation introduced in 2015. Originally, it had estimated that the tax resulting from the pension changes would be much lower, and that people would...

ISAs AND INHERITANCE TAX – KNOW THE FACTS ISAs are a great way to save, and there are now several types, each designed to help young and old, home buyers and children save for their future. But while ISAs are tax-efficient during your lifetime, they may have...

Overall, the stock market has been generous over the course of the past eight years or so. This optimism continued into 2018, with further strong gains seeing equity indices around the world soar. This run was halted at the end of January and the market subsequently...

BABY BOOMERS FACE A CHOICE – HIGHER TAXES OR LOWER INCOME FOR THEIR CHILDREN Intergenerational fairness is never far from the news headlines these days. The issues are becoming widely known and frequently debated. The Equality and Human Rights Commission recently...