In the last five years, an incredible £1.3 billion of pension tax relief has gone unclaimed in the UK – with higher and additional-rate taxpayers losing out on incredible sums according to some experts. This tax is the Government’s mechanism to enhance your pension payments and help you boost your Read more…
One of the most frequently overlooked aspects of financial planning is income protection insurance. While it is easy to focus on immediate needs and short-term financial goals, planning for potential future hurdles can sometimes allow this critical form of insurance to slip through the cracks. Despite its significant benefits, many Read more…
Investing in financial markets is often perceived as a sophisticated process, involving a myriad of strategies and choices. One of the key choices an investor must make is whether to adopt an active or a passive investment approach. Both strategies have their merits and potential drawbacks. Understanding the fundamental differences Read more…
In June, the Bank of England (BoE) decided to raise the base rate for the thirteenth consecutive time to five per cent. A higher base rate has been introduced to combat inflation, which has recently fallen to 8.7 per cent but remains stubbornly higher than previous predictions. This rate of Read more…
When it comes to retirement planning, one group that often finds itself at a disadvantage is the self-employed. Unlike their counterparts in traditional employment, self-employed individuals face unique challenges in setting up adequate pension arrangements. During the cost-of-living crisis, many are choosing to reduce private pension savings to meet everyday Read more…