Category: News

As a parent or grandparent, you may be thinking about ways you can build a nest egg for children or grandchildren. It’s a step that can give them financial security as they become independent. According to the Royal Mint’s 2021 Savings Report, 93% of parents say a savings account for their children is important. And

The International Monetary Fund (IMF) has warned that the world economy remains “hobbled” by Covid-19 and revised its global growth forecast for this year downwards. The organisation now expects the world economy to grow by 5.9% in 2021. The IMF also noted that the emergency support provided by central banks and finance ministries during the

As the nights draw in, a game night is a great way to spend time with family. If you’re looking for some board games to add to your collection, these seven should be on your list. Whether you want to show off your movie knowledge or are looking for something a little different, there’s something

How much money do you hold in cash accounts, like a current account or savings account? Figures suggest that millions of people are in a position to invest but are missing out on potential returns because they’re choosing cash. A new Financial Conduct Authority (FCA) campaign is aiming to reduce “investment harm”. This includes helping

Thinking about passing away and leaving loved ones behind can be incredibly difficult. While it can be challenging, many Brits have thought about what their preferences would be, and millions want their loved ones to celebrate their life. According to a survey from Co-op Funeralcare, a third of Brits feel like funerals, in general, are

Dividend Tax rates are set to rise, and it could affect the amount of tax you pay. The chancellor announced a hike in Dividend Tax rates, along with the introduction of a new Health and Social Care levy, to help plug the gap in public finances after the pandemic. The government has said that some

Hopefully, you head into retirement confident in your finances and your retirement income. While your financial commitments and dependents may be fewer in retirement, it’s still important to have a safety net to fall back on when you need it most. According to a report in Money Age, 49% of those aged over 65 describe

Figures suggest that an increasing number of people plan to work past the traditional retirement age. There are a variety of reasons for doing so and it also could help secure your long-term finances. If it’s something you’re thinking about, there are some things you need to consider. Almost half of over-50s expected to be

Retirement planning as a couple can be difficult. You may have very different ideas about when you want to retire and how you want to spend your time. While it’s something of a taboo subject, understanding what you both want out of retirement and how you’ll create an income can help you get the most

“Employment is up, investment is growing, public services are improving, the public finances are stabilising, and wages are rising.” This is the backdrop against which Rishi Sunak presented the 2021 Autumn Budget. Promising “a stronger economy for the British people”, the chancellor outlined his taxation and spending proposals. Here’s a summary of the key points