News

16th January 2025 - Tracey Payne

Looking Backwards and Forwards

Being an investor can be emotionally challenging. If we have a bad year (like 2022), we feel uncomfortable, and even after a couple of good years (2023 and 2024), we may still worry that some of the gains made might be lost going forward. This emotional asymmetry, where the pain of losses is felt twice as deeply as the pleasure…

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16th January 2025 - Hannah Bibby

Celebrating Alicia’s Baby News

We are overjoyed to share the wonderful news that Alicia Buckingham and her husband, Dan, welcomed their beautiful baby boy, Percy James, into the world on Christmas Day! Weighing a healthy 7lb 4oz, Alicia and Percy are doing well. Big brother Charlie is thrilled to have a little sibling to dote on and is already stepping into his new role…

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16th January 2025 - Ben Nolan

Behavioural finance: How established habits and experiences could affect your decisions

When you’re making financial decisions, it can be difficult to look at your options objectively. Indeed, factors like your past experiences and emotions may influence the conclusions you draw.  Behavioural finance seeks to understand how people make financial decisions and what factors influence them. Understanding some aspects of this area of study could help you identify…

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16th January 2025 - Tim Foster

5 useful allowances and exemptions that will reset at the end of the tax year

Using allowances and exemptions could reduce your overall tax bill and help you get more out of your money. On 5 April 2025, the current tax year will end, and many tax-efficient allowances and exemptions will reset. So, here are five that you may want to consider using before the 2025/26 tax year starts.  1. ISA…

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16th January 2025 - James Sclater

5 practical tasks that could help you get more out of your pension in 2025

If it’s been some time since you reviewed your pension, going through these practical tasks could help you get more out of your retirement savings in 2025.  As retirement could be years away, it’s easy for your pension to slip off your list of priorities. In fact, a survey from The…

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16th January 2025 - Stacey Chamberlain

How to pass on assets to vulnerable family members

When creating an estate plan, there might be people you want to pass wealth to but they’re not in a position to manage their finances. Using a trust could provide a way to leave a vulnerable loved one assets and feel confident they’ll be effectively managed. Trusts aren’t used as commonly as other ways to pass…

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16th January 2025 - Kevin Scott

3 important variables that could affect your sustainable pension withdrawal rate

Retirement is an exciting milestone, with more free time to dedicate to the things you enjoy. Yet, it can also be a daunting time, especially when it comes to managing your finances.  Flexi-access drawdown is a popular way to access your pension savings as it provides flexibility and means you’re in control of your income. However,…

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23rd December 2024 - Jennie Snooks

Guide: 5 key financial planning steps to consider during a divorce

Going through a divorce can be incredibly emotionally challenging, but it may also represent the beginning of a new phase of your life. When starting a new chapter, it’s important to consider your financial plan, review your goals, and prepare for any challenges you might face in the future. This could be especially true during a divorce as the process…

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19th December 2024 - Jodie Norman

How to turn your child’s Christmas gifts into a nest egg

Christmas is a magical time of year, especially for young children who will be eager to see what Santa has left them under the tree. Along with their gifts, your child may receive money that could be put towards long-term goals and milestones. It’s likely not just you who will be buying presents for your child…

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19th December 2024 - Alicia Buckingham

A Festive Start to the Season at Herbert Scott

At Herbert Scott, the festive spirit arrived early this year with two wonderful events that brought our community together. On 27th November, we hosted a delightful wreath-making workshop at our offices, led by the talented Clare from Riverside Flowers. The workshop welcomed 16 enthusiastic participants, who each created stunning wreaths to adorn their…

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