Figures suggest that millions of retirees are deciding to return to work for a variety of reasons. While it could be beneficial and support your wellbeing, it may complicate your tax liability. Read on to find out the areas you might want to consider if you’re thinking about re-entering the workforce. A Legal & General study revealed that 2.8 million …

What’s stopping you from retiring sooner? For many, it’s not just finances that are holding them back but their mindset too. If the excitement of retiring is also mixed with nerves, a financial plan could give you the confidence boost you need to take a step back from work. Finances may play a role in the hesitancy to retire for …

Halloween is just around the corner, but there’s more than ghouls and ghosts to be scared of. Sometimes, daily life can be just as frightful as the latest horror film. Here are five reassuring ways a financial plan could help you next time you encounter one of life’s scares. 1. A financial plan could help you build financial resilience to …

More than 70% of Brits think Inheritance Tax (IHT) is unfair, according to a poll carried out by Tax Policy Associates in 2023. You might consider how other countries handle taxing assets when you pass away to be “fairer”, read on to find out more. Over the last few months, you’ve read about how IHT works in the UK and …

Retirement on your terms is likely to be one of the key elements of your financial plan. So, as you approach or reach retirement, now is the time for you to start thinking about enjoying a comfortable life when you stop working. Many people see retirement as the start of their “second life” – the time when you have the …

August was a rollercoaster month for investors, with the global stock market experiencing significant volatility. Read on to find out what may have affected your investments. Many market indices saw sharp falls early in August sparked by fears that the US is on track for a recession. However, investors are likely to have experienced some recovery in the weeks that …

If you were trying to improve your health and wellbeing, what would you think about changing? Your first instinct may be to eat healthier foods or exercise more frequently. However, new research suggests that your social life might play a more important role in your overall health than you may think. Read on to discover how loneliness could impact your …

Retiring abroad is a dream for many people nearing the milestone. Whether you’re picturing a sunnier climate or want to move closer to family, there are some implications you might need to consider when managing your pension. According to a report in Moneyweek, more than three-quarters of pension savers would like the opportunity to leave the UK behind when they …

Millions of students across the UK are preparing to head to university and pursue their educational goals. As a parent, you may feel proud as you help them pack up their belongings and move into their own space for the first time. Yet, you might also be worried about how they’ll cope financially or repay the student loans they’re taking …

Effectively managing your finances to get the most out of your assets often means going beyond paying into a pension regularly or selecting a fund to invest through. That’s why lifestyle financial planning could help you better align your finances with the life you want to lead now and in the future. Financial advice alone might help you understand the …