Most people require good financial advice at some point. It could be for pension planning, investments, family protection and inheritance tax planning. Research from the International Longevity Centre has revealed that on average, financial advice leaves people £40,000 better off compared to those taking no advice. The research looked at those taking financial advice … Continue reading Could You Be £40,000 Better Off?
You may have woke up this morning to a flurry of emails clogging up your inbox advertising the amazing savings retailers are offering for Black Friday. If you are looking for alternatives ways to save money, try these 3 simple things: Make a pension contribution. You can receive up to 45% pension tax relief for … Continue reading Black Friday – 3 Alternative Ways To Save Money
4 things you should be looking for in next week’s Budget
Chancellor of the Exchequer Philip Hammond will deliver his Autumn Budget next Wednesday (23rd November). The political backdrop means it is going to be a tricky balancing act. The government has a small majority, there have been high profile Cabinet resignations in recent weeks and Brexit negotiations appear to have stalled. All of these issues … Continue reading 4 things you should be looking for in next week’s Budget
John* approached us earlier this year as he wanted to consider his options regarding whether he should keep or transfer his Final Salary pension with Barclays. Enhance Financial Planning researched and analysed all the appropriate options and advised that John transfer the pension allowing the withdrawal of a large tax free lump sum and giving … Continue reading Barclays Final Salary Pension Transfer
Interest Rate Rise – What Does It Mean For Your Money?
The Bank of England raised interest rates by 0.25% to 0.5%, the first rise in more than a decade. This may seem like a small move; however, it will have an immediate impact upon personal finances. Those with mortgages and other borrowing will face higher costs but for those with savings it will offer some … Continue reading Interest Rate Rise – What Does It Mean For Your Money?
A recent study has revealed the worrying statistic that over a fifth of all people with multiple pensions have lost track of at least one, with some admitting to have forgotten the details of all of them. With around two thirds of UK residents having more than one pension, this amounts to approximately 6.6 million … Continue reading 4 Steps To Keeping Track Of Your Pension
A recent poll found that 45% of working people would retire immediately in return for a lump sum of £1 million or less. For £2 million, a larger amount of people (53%) would be prepared to quit the rat race for good. Two-thirds (66%) would quit on the spot for £10 million. Have you ever … Continue reading What Is Your Number?
3 Important Things To Consider About Investment Risk
The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”– Mark Zuckerberg People often ask me this question – “where should I invest my money”? The simple answer is there isn’t a simple answer! I always start by … Continue reading 3 Important Things To Consider About Investment Risk
Each demographic cohort has its own name. Those born between 1980-2000 are called ‘Millennials’. If you were born between 1960-1980 you belong to ‘Generation X’. The most widely talked about generation, the ‘Baby Boomers’, were born during the years following the 2nd World War. You’ve no doubt encountered these descriptions before. However, have you ever … Continue reading Are You A Member Of The Sandwich Generation?
5 Easy Ways You Can Achieve Your Personal Financial Goals
Have you noticed how many people wear fitness trackers? Seeing a Fitbit around someone’s wrist is now a common sight. I’ve tracked my daily step count, sleep patterns and even my heart rate for a couple of years now and I’d like to think that I’m healthier and more in tune with my physical condition … Continue reading 5 Easy Ways You Can Achieve Your Personal Financial Goals