It’s not easy for students on a budget at the best of times. Now the National Student Money Survey has revealed many are caught short by student finance to the tune of £250 every month. Here are some financial tips to help students and their parents.
Do you have a list of things to do before you die? Then spare a thought for the ones who stand to inherit your worldly goods. If you don’t want them landed with a hefty inheritance tax bill, make sure you include these gems of wisdom in your bucket. Get married! You can’t stay young,
Many pension providers are now insisting that scheme members take advice before accessing their benefits. More red tape? Far from it. Here’s why advice at retirement is not so much ‘optional extra’ as ‘must have’. Some phrases to make your blood boil. Ready? Booking fee. Processing charge. Would you like to reserve seats? Ticket postage.
Cash savings have their limitations. For a realistic chance of generating an income from your capital – especially in retirement – your adviser may recommend investing on the stock market. Investment trusts are one way to go about this – but what are they, and how do they work? An investment trust is a type
Many more of us are saving into workplace pensions – good! Very few of us take any further interest in those pensions – bad! By not looking more carefully at how your pension is invested, you could be missing out on tens or even hundreds of thousands of pounds in retirement. If you’re employed in
Britain’s children are losing out when it comes to tax-efficient saving. As part of TaxAction 2016 in partnership with Prudential, we explore the opportunities that are being missed, and reveal the single biggest advantage that children have over adults when it comes to long-term saving. At what age should children start saving? In their teens?
Unbiased is partnering with Moneyhub to help you understand your finances better. Besides inviting you to try out the revolutionary Moneyhub way of organising your money, we’re offering a range of free financial health checks to help you spot the opportunities you may never have considered. If you’ve never seen a financial adviser, or not for a while,
Mortgage rates are at historic lows, and for homebuyers it looks like the perfect opportunity. But in your eagerness to secure your dream home, you should be wary of ‘mortgage shock’ – the danger of over-stretching yourself in the longer term. The solution? A borrowing buffer zone.
Produced in partnership with Moneyhub, this ten point guide will help ensure you never lose track of your finances again. As part of our ongoing mission to help consumers take better control of their finances, Unbiased is partnering with Moneyhub to offer our users a free trial of Moneyhub’s premium service. The concept behind Moneyhub
Since pension freedom arrived in 2015, there has been a trend of pension savers being invited to invest their pots in unregulated products. Savers may be promised attractive returns, without being made fully away of the associated risks. Have you been contacted? An open jam jar at a picnic brings creepy-crawlies. We know this, so
In part 1 we covered the basics of inheritance tax and how to reduce it acceptably by making gifts before your death. In part 2, Chartered Financial Planner Michael Roberts delves a bit deeper into some of the more complex areas – where you should definitely look both ways before crossing. The basic principle of
What would you prefer to leave your loved ones: a generous legacy or a gigantic bill? Chartered Financial Planner Michael Roberts returns with another of his highly popular guides to personal taxation – this time explaining the complex world of inheritance tax. It might not feel this way, but in recent decades people have been
So you had a bad day, as the song goes. The Brexit vote has reminded investors that the stock market is not for the faint of heart – but nor is it for the impulsive or impatient. It’s time to take a step back and examine the EU Referendum’s lessons for investors. ‘Rollercoaster ride’ is a