News / page 4

16th November 2023 - Stacey Chamberlain

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 college, embarking…

read more
16th November 2023 - Sean Banks

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 figures…

read more
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…

read more
16th November 2023 - Stacey Chamberlain

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…

read more
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…

read more
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…

read more
16th November 2023 - Sean Banks

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…

read more
25th October 2023 - Sean Banks

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. Ahead of his…

read more
21st October 2023 - Stacey Chamberlain

5 useful conversations to have this Talk Money Week

Opening up about your finances can be difficult. Yet, talking about money could improve your financial security and boost your wellbeing, whether this is talking to your Financial Planner, friends, or your partner. Every year, the Money and Pension Service (MaPS) hosts Talk Money Week, an initiative encouraging more people to start financial conversations. This year, it takes place between…

read more
20th October 2023 - Hannah Bibby

Autumn reading: Discover this year’s Booker Prize shortlist

As the nights start drawing in, it’s the perfect time to refresh your bookshelf with some of the biggest publications of the year. The 2023 Booker Prize shortlist has been unveiled and includes six fantastic novels. The Booker Prize launched in 1969 and many of the books that have won the award have gone on to…

read more