Inflation and what it means for you

Have you ever wondered why you are paying more for your grocery shopping than you did a year ago? This is because of inflation. Inflation is a measure of goods and services such as food or fuel that have gone up overtime. Use this inflation calculator to see just how…

September news article

The Radical changes announced on pensions and ISAs in recent years have reopened the debate on where is the best place to save for retirement. So, does the pension’s upfront tax relief trump the tax free growth within an ISA after the pension income taxed on the…

Four Top Tips for Pension Planning

Pensions form a key part of financial planning. Everyone has an annual allowance which dictates the maximum tax relievable contribution that can be paid into a pension each year either personally or on their behalf, by an employer for example…

Compound Interest

Why compound interest should be considered as the 8th wonder of the world…
According to Albert Einstein the most powerful force in the universe was the principle of compounding. This principle is not widely understood by many; it is essentially earning interest on interest.

August news article

Interest Rate Rise – What does it mean for me? The Bank of England (BoE) is the UK’s equivalent of the Federal Reserve System in the USA – they are our central bank and act as the government’s bank and the lender of last resort. It issues currency too, but most importantly is oversees monetary policy…

Inheritance Tax (IHT) planning

The nil-rate band i.e. the amount an individual can potentially pass on tax free on death is currently £325,000 and making full use of this could save your estate from a whopping tax hit of 40%. Things such as cash, investments, property, vehicles and life insurance…