Month: June 2016

Brexit: A complicated outcome

There is no doubt that Britain’s decision to retract from the European Union caused shock waves across global markets, the pound plummeted to its lowest level since 1985 and stock markets across the world saw big initial drops. We now find ourselves without a functioning Prime Minister or an opposition leader and the realisation of...

New Lifetime Individuals Savings Account (LISA) Guide

In the March 2016 Budget, the Chancellor announced major improvements to Individual Savings Accounts (ISAs) with the introduction of a new Lifetime Individual Savings Account (LISA) from April 2017. The LISA is designed to help young people save flexibly for the long term throughout their lives. The aim is to help them simultaneously save for...

June Market Commentary

May was the month when you could be forgiven that there was only one event in the world that mattered: the continuing debate on the UK’s membership of the EU. But while the claims and counter-claims of Messrs Cameron, Osborne, Johnson and Gove filled the airwaves and dominated the headlines, for the rest of the...

Help To Buy vs Lifetime: Which ISA is best?

Set to be introduced in April 2017, the Lifetime ISA essentially offers an alternative to the Help To Buy ISA. With two competing options on the table, it’s important to know which is best for you and your needs, as whilst they have some similarities, there are also key differences between the two. The Help...

The unexpected financial influence of “The Bank Of Mum And Dad”

Recently released data suggests that “The Bank Of Mum And Dad” will lend out £5 billion this year to children looking to get on the UK property ladder. Parents will therefore be assisting in financing one in four of all UK mortgage transactions in 2016. The average loan amount will be £17,500, around 7% of...

The widening gap between the lifespans of rich and poor people

For the first time since the 1870s, the gap between the expected lifespan of the rich and the poor is getting wider in England and Wales. A study by City University London confirms that, whilst people are living longer overall, the lifespan of rich people is expanding faster. Using statistics from the Human Mortality Database,...