Turning 18? Ready to take control of your ISA?
A Junior Individual Savings Account (JISA) is a tax-efficient savings or investment account opened by a parent or guardian for a child under the age of 18. These accounts allow savings to grow
Category: IFA News
The pros and cons of popular asset allocation strategies
An asset allocation strategy involves deciding how to distribute investments across asset classes like equities, bonds, and cash. Your choice of strategy significantly impacts potential returns and risks. Strategic asset allocation Strategic asset
The benefits of tax wrappers and how to use them
Tax wrappers are financial tools designed to help individuals shelter their investments from certain taxes, ultimately maximising their wealth. If you use tax wrappers, you can potentially reduce or eliminate tax liabilities, allowing
Time to join the cash ISA rush?
June saw a continued surge in the popularity of cash Individual Savings Accounts (ISAs) as savers deposited a staggering £3.4 billion into these tax-free accounts, according to the latest data from the Bank
Family Investment Companies – Are they right for you?
With an increasing focus on Inheritance Tax (IHT) and upcoming changes to the rules around trusts, wealthy families are exploring new methods of investing and protecting their assets. One increasingly popular method for
Are you financially prepared for life’s accidents?
It would be great if every one of us could live entirely risk and accident-free lives, alas that is not often the case, which is why various forms of life and incapacity insurance
Bank opens door for August interest rate cut – What this could mean for your finances
The Bank of England has once again voted to keep interest rates at 5.25 per cent – a 16-year high. However, the minutes from the Bank’s most recent rate-setting committee suggest that they
Growing number of Brits fear they won’t have enough for retirement
Recent surveys indicate a mounting concern among British citizens regarding their retirement savings. As the cost-of-living crisis continues and the economy stays unpredictable, many people are worried they won’t have enough money to
Thousands of pensioners owed refund due to DWP error
Over 200,000 pensioners – mostly women – are expected to receive letters from HM Revenue & Customs (HMRC) informing them that they are entitled to a payment of £5,000. The payments are due
Over half of adults in Great Britain report an increase in their cost of living
According to an Office for National Statistics (ONS) survey from May 2024, 55 per cent of adults across Great Britain reported an increase in their cost of living compared to April. The data