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What makes seeing a financial adviser like having a MOT?

We’re all used to taking our cars for their MOT, aren’t we? Before we book it in for the test, we may well get a mechanic to check the vehicle over to make sure it will pass with flying colours. It’s a useful time to put in new brake pads, check the suspension and make...

What does Chartered mean and why do we use it?

You may have heard of some financial firms as being Chartered and wondered what it stands for. The general definition of a Chartered professional is ‘someone who has gained a specific level of skill or competence in a particular field of work, recognised by the award of a formal credential from a professional body’. Chartered...

Over 60s are jumping off the property ladder. Here’s why…

In 2007, there were 254,000 older people living in private rented accommodation. According to research by the Centre for Ageing Better, over the last decade that figure has skyrocketed to 414,000. If things continue the way they’re going, they estimate that over a third of those over 60 will be privately renting by 2040. So...

Can I use equity release to pay for care?

It’s one of the scary things about growing old, isn’t it? We’re all living longer, thanks to medical science but does that mean more of us are going to end up in a care home, struggling to find the means to pay for it? A year in a care home can cost more than £50,000....

Are you keeping track of your pension pot?

Keeping track of your pension pots can feel like a full-time job at times, particularly as we head towards a world where the average person will have eleven different jobs over the course of their career. It’s becoming increasingly uncommon for people to stay in the same job throughout their employment. In fact, we’re now...

Ten things to consider before moving abroad

Moving to a new country is often daunting, particularly if it’s somewhere you’re not familiar with, or if you don’t speak the language. Most popular European destinations for Brits Nearly 785,000 British citizens were living in other European countries last year, according to latest estimates from the Office for National Statistics. The three most popular...

Lifetime Isas: how do they work?

The “Lifetime Isa”, which has been available since April, is a new option for those who want to save up to buy their first home or build a retirement savings pot. The Lifetime Isa effectively replaces the Help to Buy Isa, which was introduced in December 2015 to help those who wanted to buy their first property with a...

Protecting your estate for future generations

Many individuals find the Inheritance Tax rules too complicated If you struggle to navigate the UK’s inheritance tax regime, you are not alone. Whether you are setting up your estate planning or sorting out the estate of a departed family member, the system can be hard to follow. Getting your planning wrong could also mean...

Generous grandparents

The bank that likes to say ‘yes’ Forget the Lamborghini – 2.4 million UK grandparents[1] have either raided their pension to support their grandchildren or plan to in the future. According to research from LV=, a quarter of generous grandparents (25%) who have already given away money to their grandchildren[2] have taken the funds from...

Your money, your choice

Supporting your future financial requirements YOU CAN PAY INTO AS MANY PENSION SCHEMES AS YOU WANT; IT DEPENDS ON HOW MUCH MONEY YOU CAN SET ASIDE. THERE ARE SEVERAL DIFFERENT TYPES OF PRIVATE PENSION TO CHOOSE FROM, BUT IN LIGHT OF RECENT GOVERNMENT CHANGES THE TAX ASPECTS CAN REQUIRE CAREFUL PLANNING. SO WHAT DO YOU...