Rishi Sunak is reportedly drawing up plans to provide a “midlife MOT” to assess the financial health of workers and retirees. Taking stock of your finances in your 40s and 50s could lead to greater financial freedom in the future. Read on to discover five initial steps you can take [...]

High inflation means retirees could need to increase their budget by almost 20% to maintain the same lifestyle, research suggests. If you’re drawing an income from your pension, it’s vital you understand whether withdrawing more is sustainable. The UK experienced high inflation throughout much of 2022, and inflation remains above [...]

Do you have multiple pensions? It could make it difficult to manage your pension savings during your working life and when you retire. In some cases, consolidating them could be beneficial. This guide explains what you need to know about transferring your pension savings, so you have fewer pots to [...]

ISAs have been around for more than two decades, but they’ve changed significantly since they were first introduced. This guide can help you understand why using an ISA to save or invest could be a valuable part of your financial plan. Read the guide to find out: Why ISAs are [...]

The 2022/23 tax year ends on Wednesday 5 April. After this date, many allowances reset, and it could be your last chance to use some of them. Allowances can help your money go further by reducing your tax liability. Reviewing your finances before the deadline could help you identify some [...]

Globally, inflation and recession risks continued to affect markets in November. Head of the International Monetary Fund (IMF) Kristalina Georgieva suggested that inflation could be nearing its peak. However, the Organisation for Economic Cooperation and Development (OECD) urged central banks around the world to keep raising interest rates to [...]

Travel experts Lonely Planet have released their “Best in Travel” list for 2023. Split across five categories – eat, journey, unwind, connect, and learn – the organisation named 30 countries, cities, and experiences to add to your bucket list.  From nearby cities (two UK destinations made it onto the [...]

Experts are predicting that the UK will face a recession in 2023. While it can be tempting to react to this news by changing your investment strategy, sticking to your long-term plan makes sense for most investors. Read on to find out why. Several factors are contributing to economic [...]

A Lasting Power of Attorney (LPA) gives someone you trust the ability to make decisions on your behalf if you cannot.  This can ensure there’s someone taking care of your affairs and advocating on your behalf if you’re ill or lose mental capacity. Naming an LPA is an important [...]

The rules around filling in a gap in your National Insurance (NI) record are changing. From 5 April 2023, you will only be able to make voluntary contributions for the past six years. If you have gaps in your record, filling them in now could boost your retirement income.  [...]

Recently, you may have read headlines about how pension funds were close to collapsing. Naturally, you may be worried about your retirement savings and what protection is in place. Read on to find out.  In September, former chancellor Kwasi Kwarteng delivered a mini-Budget that included aggressive tax cuts. It [...]

It has been a tumultuous year in British politics, with three prime ministers and four chancellors holding office.  After the calamitous “mini-Budget” ushered in the demise of Liz Truss and Kwasi Kwarteng, new chancellor Jeremy Hunt has delivered his first autumn statement.  Hunt’s speech came at a tricky time [...]