If you are struggling financially at the moment it can be very tempting to consider either reducing or stopping contributions completely, afterall, you can always make it up with further contributions later – can’t you? The truth is, no, not always and the impact on your pension savings and therefore your retirement income could [...]
Simply put, a last Will and testament (which is a legally binding document) is needed to ensure that after your death, specific assets, money and possessions go to the particular people and/or organisations you choose. These will include children and other family or friends you want to support and and any charitable donations you [...]
In this podcast episode, I discuss how effective estate preservation planning could save a family a potential inheritance tax bill amounting to hundreds of thousands of pounds. Key Takeaways Inheritance Tax was introduced in 1986 replacing the old Capital Transfer Tax which itself replaced Estate Duty. [...]
Why should you spread your savings and investments and create a diversified investment portfolio? When trying to navigate the ups and downs of the market returns, investors seem to naturally want to jump in at the lows and cash out at the highs. But no one can predict when the lows will occur. So [...]
In today's podcast I tackle the subject of "tme is Money" along with the five principles of investing everyone should know. Due to the complexity of the options it can be very confusing which route to take. I can help you navigate these options and guide you towards a solid investment plan based on [...]
In this podcast episode, I discuss how essential it is to take a regular overview of your finances and investments to identify if progress is continuing in line with your plan and your expectations. Key Takeaways Having a financial review is a great way of taking [...]
Whether you have a particular investment goal in mind or you are simply growing a retirement fund, it is important to understand investment risk. The likelihood of losing some or all of your original investment should be fully understood, as well as your tolerance for the level of risk you are willing to undertake. [...]
In this episode, I take a look at the importance of taking a long term view of the market instead of reacting to short term volatility. If you hold a more diversified portfolio for a longer period of time, market corrections can be healthy and can result in even stronger returns in the future. [...]
As another tax year end approaches it's important to finalize your end of year tax planning to reduce your tax bill wherever possible. The current tax year ends on the 5th of April in the UK, so reviewing your tax affairs now will enable you to make the most of any allowable deductions and strategies [...]
Planning of your investment goals is essential if you are going to stand a chance of achieving them and gain an understanding of what you can afford now and what you hope to achieve in the future. Tony sets out what needs to be clear and precise for you to be able to reach [...]