While many parents value the standard of education offered by independent schools or universities, the costs can be daunting. However, with careful planning, it may be possible to avoid a huge outstanding student loan or tax burden. A good education will give your children or grandchildren...
It’s never too early – or too late – to start saving for your future. With retirement planning, it is important to take into account the fact we’re all living longer. Couple that with the fact that the cost of living continues to rise, and...
More people in the UK are saving towards retirement than ever before, according to data from the Office for National Statistics (ONS), with numbers boosted thanks to the Government’s auto-enrolment scheme. Under auto-enrolment, employees are automatically signed up to a workplace pension into which both...
The rules around pensions are continuously changing. To make the most of your retirement, it’s essential to receive regular professional financial advice on how to build up and invest your pension effectively. As the success of auto-enrolment continues, two in five UK workers (39%) aged 22-29...
Once you’ve made a financial plan, that’s not the end of the process. Regularly reviewing it in the context of your current situation is a must. When you think back to what your priorities or aspirations were just five years ago, they’ve probably changed. Likewise, your...
Pulling together a deposit is often one of the biggest challenges for first-time buyers. If it’s a difficulty you or a loved one is facing, you may be pleased to hear that the number of ‘no deposit’ mortgages is growing. Research from Post Office Money suggests...
Taking out a mortgage is likely to be one of the biggest financial commitments you make. As a result, you may be considering taking out a protection product to ensure you can continue to meet payments should the unexpected happen. It’s a common misconception that protection...
Media plays a huge role in the decisions we make on a daily basis. From digital news sites to social media, you can hardly escape its influence. But is ‘financial porn’ affecting your decisions and financial security? Sensationalist news has become commonplace; it’s evident with just...
The cost of care is becoming an increasingly important consideration when planning retirement finances. But research indicates that many are a long way off being able to cover the total cost of their needs should they be required to use care services. According to research, a...
As you approach retirement, you’ve probably been dreaming about what you’ll do with the extra free time. Perhaps you plan to see the world, spend more time with grandchildren or indulge in some hobbies. But what would you do if your retirement income was less than...
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