Month: December 2017

What changes to the Trusts register do you need to be aware of?

In order to comply with EU regulations and to come in line with the financial sector’s current agenda for transparency, an online trusts register was introduced by HMRC in June following the general election result. This non-public register will record all trusts both within and outside the UK – including occupational pension trusts, employee ownership...

How has auto-enrolment pension changed saving habits?

A recent report from the Resolution Foundation has revealed the impact that auto-enrolment pension is having on the saving habits of UK workers. One of the positive predictions from the think tank’s findings is that millennials are likely to enjoy the same level of retirement income as current pensioners, going against the pessimism which usually...

One for the kids? – If they’re saving for a home, check they’re making the most of the Lifetime ISA

One for the kids? – If they’re saving for a home, check they’re making the most of the Lifetime ISA If you’re saving for a home through a Help To Buy ISA or know someone who is, it’s worth being aware of a planning opportunity which could boost your savings by an additional £1,100. But...

Junior ISAs and what they offer

Junior ISAs (JISAs) have now been around for over six years and continue to grow in popularity. They allow parents to save money for their child, which will be accessed when they come of age. But, as with any savings product, there are pros and cons to saving for your son or daughter’s future using...

5 Financial Resolutions for the New Year

Whether or not you’re the kind of person who sees the start of January as the time to set yourself financial resolutions and stick to them, the period after the excesses of Christmas and New Year is arguably one of the best times to actively get your finances into shape. Here are five great money-related...