Teaching your kids about money
Financial habits are formed by the age of seven, according to research by Cambridge University for the Money Advice Service. By this age most children are capable of complex functions such as planning ahead or delaying a decision until later, and understanding that some choices are reversible. Learning to save Junior Individual Savings Accounts (JISAs) […]Read More
Have you reached your peak?
If you’re approaching your 40th birthday, you may be approaching your earnings peak. Turning 40 is a major milestone. This is the age many people find that their concerns lie not only with the everyday expenses providing for their families but also their worries for the future. Partners, children or other relatives may depend on […]Read More
What value do Independent Financial Advisers add?
The alternative to this question is ‘Do Independent Financial Advisers add any ongoing value over and above picking a fund in which to invest?’. The simple answer is yes, we do. Holding the right assets in the right wrapper and using legitimate tax allowances is probably worth about 0.5% per annum. Reducing the total cost […]Read More
Investment Jargon – Busted
Every walk of life has its own particular terminology that can seem baffling to the outsider. The financial industry is no different. If you invest money into stocks and shares you are likely to be confronted with a range of words and phrases that you may not have come across before. Here are some examples […]Read More
What Now? Post Brexit
The announcement of the result of the UK’s EU Referendum on Friday 24 June came as a shock to many people both at home and abroad. Within hours David Cameron had announced his resignation. The pound fell to its lowest level against the dollar for over 30 years. Stock markets around the world lost ground […]Read More
What is your ISA for?
Over the past few years, we have seen the introduction of several different ISA’s: the Junior ISA (Jisa), the creation of the Help to buy ISA and the development of the innovative Finance ISA. Also, in April 2017 we are expecting the new Lifetime ISA. ISA’s were introduced in 1999 and in 2015 a government […]Read More