Last weekend’s reorganisation of financial regulators has meant the once all-encompassing Financial Services Authority (FSA), has been replaced with three bodies; the Financial Conduct Authority (FCA), the Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA). If you’re out looking for a financial adviser, the creation of the FCA is probably the most important development.
Try as they might, John and his wife Cathy cannot spend all of their pension income. John and Cathy clearly do not live an extravagant life and, apart from a couple of horses and a penchant for the occasional classic car…
TaxCalc’s last Tax Action tips blog features tips for business owners trading losses… If you are self-employed or in a partnership that has made losses be sure to utilise them effectively. You have a few options: Trading losses made in the current tax year can be offset against other taxable income (such as employment earnings or
Is it time to freshen up your finances? From old bank accounts to forgotten pensions, Jaskarn Pawar discusses the benefits of reviewing your finances with a financial planner I come across a lot of people with very stale finances. I have recently moved my own current account after spending 15 years with the same bank. It
Financial education is becoming a real talking point and we are fully behind any campaign which encourages children to learn about money management. Yet with an array of topics from stocks and shares to mortgages and repayments – what should kids learn to grapple with first? Our latest consumer poll found that over a third
Is cash risk free? Danny Cox offers up his advice and straightens the record on an old financial myth He was serious when he said it so I didn’t laugh – “I don’t want any risk, that’s why I am in cash”. Michael is also a client. Don’t get me wrong, I am a big fan of
September and October can be a painful time for parents watching their children head of to university for the first time. Emotionally painful, because leaving a son or daughter in halls and driving off knowing they are not going to be at home for a while tugs at the heart strings. Tough it out though
Flora Maudsley-Barton tackles the difficult scenario of a couple who are considering divorce and gives her top financial tips to help keep things amicable when it comes to those joint assets. 1. What are the three most important things that couples should consider when they get divorced? Be realistic about the property market, ask your
Our kids are accomplished consumers, bombarded by advertising, and it’s easy to learn how to spendmoney. Sadly there isn’t a culture of financial education in schools, which leads to an ignorance of financial planning that is anything but bliss for many young adults as reality kicks in. Action at home is required. First, rewind and consider what YOU
Karen Barrett, chief executive of adviser directory unbiased.co.uk, plans a tasty alternative career and says people’s love affair with houses is not over. What was your first ever investment? An Aberdeen technology ISA, which was absolutely the worst decision anyone could have made as it was just before the dotcom bubble burst.
Unfortunately, a significant number of marriages end in divorce. Should this happen to you it is vital that, as well as speaking to your solicitor, you also obtain the advice of a Resolution accredited independent financial adviser (IFA). Article by Scott Gallacher.