Leaving wealth behind for your loved ones may be a priority when developing your financial plan. After all, you’ll likely want to see your family thrive and an inheritance could help them achieve important goals in life. Traditionally, you would transfer wealth to your loved ones when you passed away, leaving instructions in your will about how your family should …
Investment market update: October 2024
While inflation is stabilising in many major economies, markets continue to experience some volatility, which may have affected your investment portfolio. According to the latest International Monetary Fund’s Global Financial Stability Report, markets could be underestimating the risks of conflicts and upcoming elections. Indeed, the rising price of gold suggests some investors are seeking a safe haven amid news of …
How to spot a real deal during Black Friday sales
Spotting a great Black Friday deal might be harder than you think – especially after Which? reported that 98% of products that were on sale in 2021 were cheaper or the same as their Black Friday price at other times in the year. In fact, 86% of the items had also been the same price or cheaper in the six …
5 smart reasons why retirement planning should start in your 30s and 40s
If you’re working and contributing to your pension, you might think you don’t need to do any more retirement planning just yet. However, seeking retirement advice in your 30s and 40s could mean you’re in a better position when you’re ready to give up work. According to a survey published in IFA Magazine, putting off retirement planning is something many …
4 valuable ways lifetime cashflow forecasting could give you financial confidence
Lifetime cashflow forecasting is a core part of financial planning that could help you understand how your future may look. It could provide essential information that means you’re able to feel confident about what’s to come and the decisions you make. Read on to find out how it works and why it might be valuable for you. Lifetime cashflow forecasting …
3 interesting insights from the world’s first behavioural bank
The world’s first “behavioural bank” launched in 2020 and aimed to encourage good habits in customers that could improve their finances and overall wellbeing. So, four years later, what interesting insights could you learn from how the bank operates? Read on to find out. Changing established behaviours is never easy. South Africa-based Discovery Bank noted that this often required compelling …
10 financial tasks to complete this year to head into 2025 feeling confident
The end of the year is fast approaching, and while your mind might be on celebrating the festive period, it’s the perfect opportunity to tick off some financial tasks you might be putting off. Spending some time going through your finances and thinking about what you want to achieve next year could help you step into 2025 feeling confident about …
Your Autumn Budget update – the key news from the chancellor’s statement
Almost four months after Labour won the general election, chancellor Rachel Reeves has delivered her 2024 Autumn Budget, outlining the government’s plans for this tax year and beyond. Arguing that the July general election had given Labour a “mandate to restore stability and start a decade of renewal”, Reeves described it as “a Budget to fix the foundations and deliver …
Investment market update: September 2024
Economic data suggesting some developed countries, including the US, could fall into a recession continued to affect investment markets in September 2024. Read on to discover other factors that may have affected the performance of your investments. UK Data from the Office for National Statistics (ONS) shows inflation remained stable at 2.2% in the 12 months to August. The figure …
A fright this Halloween could boost your psychological resilience
Did you know that small doses of fear and horror might be good for you? Whether you’re spending this Halloween enjoying treats in front of a scary film or venturing out for a thrill-seeking experience, it’s important to know the effects that fear – and the euphoric feeling once it passes – could have on your health. Read on to …