The number of retirees who could face an Income Tax bill is expected to rise. If your total income could exceed tax thresholds, there might be some steps you can take to reduce your tax bill.  The Personal Allowance is the amount of income you can receive before you usually need to pay Income Tax…

Impulsive decision-making can be useful in some circumstances. Yet, when it comes to finances, it could lead to choices that aren’t right for you and even harm your long-term financial security. Read on to find out how you could cut the effect of impulsive financial decisions.  When you think of impulsive financial decisions, your mind…

Consider the benefits of financial planning. If the first advantage that comes to mind is the opportunity to grow your wealth, you might be overlooking some of the intangible benefits that could improve your wellbeing.  Last month, you read about the potential financial benefits of working with a financial planner and how it could help…

The Covid-19 pandemic led to a huge rise in the number of people working from home. Four years on, 4 in 10 workers still work from home at least some of the time. Whether you miss the office or are pleased to work from the comfort of your own home, no one can deny that…

Financial planning can help you to reach your life goals, and give you and your loved ones security and peace of mind. Over the next few months, you can read our blog to discover exactly why a financial plan that’s tailored to you can add value – and we’ll start with the financial benefits. When…

It’s been more than a decade since auto-enrolment was introduced, and now most workers automatically become members of their employer’s pension scheme. While more people saving for retirement is excellent news, it could mean you end up juggling multiple pots. One option is to transfer one pension to another, known as “consolidation”. It’s usually simple…

The State Pension is often a useful foundation when you’re creating an income in retirement. Yet, a survey from Just Group found that a third of people didn’t check their State Pension forecast before stopping work. While the State Pension might not be your primary income in retirement, it’s often valuable because it’s reliable…

If you face a serious illness, it could place pressure on your finances and mean you’re not able to focus on what’s most important – your health. Yet, research suggests many families could be overlooking the protection that critical illness cover could provide. Read on to find out how critical illness cover works and how…

Affordability challenges mean more people could near retirement with outstanding mortgage debt. It could affect your retirement plans or mean your income once you give up work doesn’t stretch as far as you expect. If you’re approaching retirement with a mortgage, read on to find out what your options may be. The effect rising house…