With interest rates softening and inflation eating into savings, many savers are asking whether a Stocks and Shares ISA could deliver better long-term returns. The wrapper still shields growth and income from Income Tax (IT) and Capital Gains Tax (CGT), and you can put up to £20,000 into ISAs each Read more…
Pensions can be a powerful way to pass wealth on to your family in a tax-efficient manner. Under current rules, most defined contribution pensions are not counted as part of your estate for Inheritance Tax purposes. This means they can often be passed on without any IHT to pay, especially Read more…
A recent survey by Retirement Review found that only a small proportion of people in the UK “strongly trust” financial advisers. Sadly, within our profession, that trust has been eroded over the years by certain advisers. Too many people have been left feeling like they were just another sales target, Read more…
The Chancellor, Rachel Reeves, has announced major changes to mortgage lending rules as part of the Government’s wider reforms to boost homeownership. These changes could open the door for more first-time buyers, but only if you understand what is really on offer. More mortgage, lower income The key change is Read more…
Debt is often viewed in a negative light, and for good reason. It can lead to stress, reduce savings and create long-term financial pressure. However, not all borrowing is harmful. When used with care and purpose, it can support financial growth. Building healthier finances means recognising the difference between the Read more…