News / page 18

14th December 2023 - Daniel Brooks

3 useful ways regular financial reviews could help you reduce behavioural bias

Financial reviews provide a great opportunity to ensure your financial decisions continue to reflect your goals and assess if you’re on track. They’re also useful way to reduce behavioural bias. Over the past few months, you’ve read about why financial reviews are important and why you may need to update your plan following one. Now, read on to discover why…

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5th December 2023 - Daniel Brooks

Herbert Scott hosts its first ever client event

If you were a fly on the wall at Herbert Scott HQ, you would witness a financial planning firm buzzing with ideas on ways we can improve our services and add more value for our clients. The customer experience is central to everything we do. As a client of ours, you may already have a strong appreciation for…

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16th November 2023 - Ben Nolan

Supporting progression and longevity at Herbert Scott

Last month we celebrated not one, but two, very important achievements within our dedicated team. Alongside Danny’s promotion to Financial Planning Assistant (FPA), Jodie, who is part of the furniture reached her 10th anniversary of being in the Herbert Scott family and an integral part of the team. As our first administrator apprentice, Jodie joined us after leaving…

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16th November 2023 - Daniel Brooks

Rishi Sunak delivers on pledge to halve UK inflation: government control or natural course?

In a promising turn of events, Rishi Sunak has seemingly fulfilled his ambitious pledge to halve UK inflation[1] by the end of the year. As the nation grapples with economic challenges exacerbated by the global pandemic, this accomplishment is undoubtedly significant. However, the debate arises: is this a result of effective government intervention, or are the inflationary…

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16th November 2023 - Jennie Snooks

10 festive markets to visit in Europe this year

It’s not too late to book a last-minute Christmas getaway. These fantastic destinations all boast traditional festive markets that are perfect for getting into the Christmas spirit, enjoying a mulled wine, or picking up some gifts. 1. Tallinn, Estonia Dates: 1 December 2023 to 7 January 2024 If you’ve yet to visit Estonia, adding Tallinn at…

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16th November 2023 - Ben Nolan

Don’t overlook trusts, they could be a useful way to pass on wealth

Trusts may be a useful way to pass on wealth, but research suggests it’s an option some people are dismissing. You can place a variety of assets in a trust, from investment to property, for the benefit of another person, known as the “beneficiary”. The trust is then managed by one or more trustees according to the instructions you’ve set…

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16th November 2023 - Tracey Payne

More people than ever celebrate their 100th birthday. Here’s why it affects financial plans

More people in England and Wales are celebrating their 100th birthday. It could have implications for your financial plan and creating an income in retirement. According to a release from the Office for National Statistics (ONS), on Census Day in 2021, there were 13,924 centenarians living in England and Wales. The oldest person to complete the census…

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16th November 2023 - Ben Nolan

5 practical steps you could take this year if you want to retire in 2024

Every year thousands of people retire. It’s a milestone that you might be looking forward to in 2024 with excitement. It’s also a life event that you may feel nervous about. Spending some time preparing for the next chapter could mean you feel more confident about stepping away from work. If you’re hoping to retire next…

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16th November 2023 - Daniel Brooks

2 key reasons why you may want to update your plan during a financial review

Regular financial reviews may help keep you on track to meet your goals and give you confidence in the steps you’re taking. As well as reviewing your assets, you might also want to make changes to your plan. Last month, you read about why you shouldn’t skip your financial reviews and how they could help you…

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25th October 2023 - Daniel Brooks

Everything you need to know about the 2023 Autumn Statement

On 22 November 2023, chancellor Jeremy Hunt delivered the Autumn Statement against a backdrop of a cost of living crisis and a looming general election. It’s been a challenging year with inflation dominating headlines. While inflation has fallen, it’s still higher than the Bank of England’s 2% target at 4.6% in the 12 months to October 2023.

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