Month: October 2018

Will you be better or worse off because of today’s Budget? In a relatively quiet Budget our summary answers that question, please read on to find out. Winners Earners The Chancellor brought forward an election pledge to increase both the Personal Allowance and Higher Rate tax band, affecting 32 million people. From April 2019, the

Just after 3.30 pm today the Chancellor, Philip Hammond, stood up to deliver the first Budget on a Monday since 1962 and the last before Brexit. He started by saying this would be a Budget for “hard-working families … who live their lives far from this place … and care little for the twists and

Whichever way one voted, it is hard not to be dismayed by the shambles that is Brexit, concocted by all sides. In the event that any deal agreed gets voted down in Parliament, or there is no deal, there is a material chance that the government could fall. One or both of these events would

Many Brits are lacking a financial safety net to protect them from income shocks. It means they could be putting their home, possessions and lifestyle on the line, research suggests. Family finances are stretched, and many are choosing not to put money away for a rainy day. However, with worries about what would happen if

In the next 20 years, the number of elderly people needing constant care is expected to double. You’ve probably thought about how long your pension needs to last and whether you’re saving enough. But have you factored in the cost of care? By 2035, it’s expected there will be 446,000 adults aged over 85 that

If you feel as though your finances are under pressure as you support both children and elderly parents, you’re likely to be part of the ‘Sandwich Generation’. Research has found that many of those aged between 40 and 60 are struggling with financial responsibilities. Despite being caught in the middle of two types of dependents,

Investors are increasingly investing their money with sustainability concerns in mind, figures show. As October marks Good Money Week, we take a closer look at what ethical investing is and how the demand is growing. It’s predicted that the UK’s demand for ethical investment will grow by 173% by 2027, according to research from Triodos

More pensioners are choosing to forgo a guaranteed income that comes from an annuity, instead favouring making withdrawals directly from their pension using flexi-access drawdown. While providing more flexibility, the latest data suggests those using drawdown may face financial hardship later in life. Ensuring that your savings will support you throughout your later years is