As an investor, you will have your own financial personality and preferences, which your adviser will consider when helping you to make financial decisions. Parallels with F1 You may not think so, but parallels can be drawn between Formula One (F1) and investing. In F1, drivers may make suboptimal decisions during races due to cognitive […]
Category archives: General Financial News
‘Spot the dog’ fund
According to the latest data1, the number of ‘dog’ funds have increased by 27% since February this year, that represents 56 equity investment funds versus 44 earlier in the year, but a reduction on the 86 dog funds identified in January 2022. A ‘dog’ fund is defined as one which has failed to beat its […]
The FIRE investment movement
Many of us dream about retiring early so we can devote more time to things we enjoy; but financial realities inevitably mean few of us actually realise those dreams. A growing number of people though are turbo-charging their chances of early retirement success by embracing the FIRE principles of investing. We didn’t start the fire […]
Tax punishment on prudence
Taxes on savings and dividends are set to top £24bn this fiscal year in what is being seen by some as a fresh attack on savers who have shown prudence and thrift. Savers hit… Higher interest rates mean that more savers are being drawn into paying tax by crossing the Income Tax savings threshold. Interest […]
It’s good to talk
A pandemic closely followed by a cost-of-living crisis has undoubtedly created a challenging financial backdrop for us all and inevitably heightened money-related stress and anxieties. At times like these, it’s more important than ever to open up and talk any concerns through with loved ones or a professional adviser in order to protect both financial […]
Overcome the complexities of succession planning
Succession, the hugely popular TV show, highlights the complexities of wealth transfer. There’s a lot to think about when passing on your wealth – as well as the risk of family disputes, tax implications need to be taken into consideration. Preserving, planning and communication As families accumulate wealth and assets it becomes important to preserve […]
Wealth – In the news
More pension savers want to exclude oil New analysis1 has revealed an increase in the number of pension savers who would like to see the oil sector completely excluded from their pension investments, up from 15% in 2022 to 21% in 2023. Of the remaining 79%, almost half said they would only continue to invest […]
Money – In the news
Cost of raising a child soars Recent research1 has found that the cost of raising a child has increased by 10% over the last year, with the average UK family spending £223,256 in their offspring’s first 18 years. This works out at over £12,000 a year per child. The research looked at the different costs […]
“British pensioners should benefit from British business success”
Chancellor Jeremy Hunt announced measures in his first Mansion House speech aimed at unlocking billions of pounds of extra pension cash to support the economy. According to the government, the Mansion House Reforms aim to secure the best possible outcome for pension savers, whilst strengthening the UK’s position as a leading financial centre. This is […]
Crackdown on ‘finfluencers’
Influencers who generate content on financial topics are rapidly rising in popularity on social media, having been dubbed ‘finfluencers.’ The good news is that finance is becoming more accessible and appealing to younger generations through bite-sized, more light-hearted formats. Coupled with a lack of financial education in their school years, Gen Z and millennials are […]
