The importance of arranging a power of attorney in advance of losing mental capacity cannot be stressed enough. It is the only way to legally appoint someone of your own choosing to take care of your affairs and make important decisions on your behalf if you cannot do so yourself.
As the new tax year 2022 commences, it’s a good time to look at the changes that have been introduced so that you can take full advantage of any new tax breaks that may be available to you.
Here we look at why dividends matter in the world of investment, how they work and why you may want to ask your investment planner about whether they’d be right for you.
The impact of rising inflation, which hit 5.4 per cent in the 12 months to December 2021, has been felt on a global scale. So how to manage personal finances in order to tackle the higher cost of living?
With the cost of living having reached its highest recorded level in several decades, inflation has risen significantly. In fact, in early February, the Bank of England warned that inflation could rise above 7 per cent this year, and other private forecasters have agreed. Society in general is set to be widely affected. But how will the increased cost of living in retirement hit pensioners?
In December 2021, after a year of continuous rises, the cost of living hit its highest recorded level in several decades. But what is the reason behind such a stark increase in the average cost of living in the UK, and why has it hit household budgets so hard?
Aside from the opportunity to spend more time with family at home, and not having to commute, there are few positives that have come about following the COVID-19 pandemic. However, in terms of estate planning, there could potentially be a number of ways in which the situation could be used to your advantage, in particular around how you own your assets.
There are various ways in which you can better make your money work for you. Here we are focusing on some of the most straightforward, common-sense strategies that will stand you in good stead generally.
Whether it helps you plan for a more comfortable retirement, protect and build your assets for future use, or assists you in making the most of your savings and investments, financial advice from an independent professional could help secure the long term future of you and your family. Here we look at some of the top reasons why you need a financial adviser.