When you’re making investment decisions, balancing risk is an essential part of the process. Creating a risk profile can help you understand which investments are appropriate for you. Last month, you read about the benefits of investing and how it could boost your wealth over the long term. While investing can be a valuable way to…
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Inheritance Tax (IHT) is often controversial – you may have heard of it referred to as “the most hated tax in Britain”. Yet, despite the coverage it receives, it’s often misunderstood. Common myths about IHT could mean you’re needlessly worrying about a potential bill or failing to take steps that could allow you to pass on more wealth…
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The government has set out a new Fraud Strategy in a bid to stem the rise in the amount lost to scams. Among the measures it will implement is a ban on cold-calls related to financial products. While it could help protect you, you must remain vigilant too. According…
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Spending too much money in retirement is a common fear. Yet, some retirees struggle with the opposite challenge – they spend too little. Read on to find out why and what you can do if you’re too frugal in retirement. Underspending once you give up work may be more common than you think. It’s easy to…
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Everyone has heard the saying “money can’t buy happiness”, but research suggests it’s not accurate. According to a study from The Greater Good Science Center in the US, spending money can boost your wellbeing. However, simply heading to the shop and splurging on the latest technology or new clothes…
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When you first seek financial advice, your goal may be to grow your wealth or make the most of tax-efficient allowances. A financial planner can provide support in these areas, but the benefits could have a much larger effect on your life and wellbeing. A survey conducted by Hymans Robertson…
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When you think about investing, it’s probably the actions you take that come to mind. That could be researching a fund or actively investing in a company by purchasing shares. However, the steps you don’t take are just as important for your portfolio to be successful. That may sound strange, but not acting on impulses or…
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When you’re saving for long-term goals, choosing the right place to put your money is crucial. It could mean you have far more financial freedom later in life. If you’re thinking about retirement or your later years, you have multiple options, including pensions and ISAs. While ISAs are more accessible, read on to find out why…
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Retiring early is an aspiration for many workers looking forward to greater freedom. If early retirement is something you’re dreaming about, a survey suggests financial planning could help you turn it into a reality and enjoy the next chapter of your life more. A Standard Life study found, on…
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Investing is a crucial part of creating a long-term financial plan. Over the next few months, you can read about the investment essentials you need to know if it’s something you want to start or simply learn more about. Read on to find out what investing means, and why it’s something you should consider if you want to build long-term…
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