by Brian Downton | J, Jan, 2023 | blog, Pensions
There are 4.8 million self-employed people in the UK and only a third have any kind of pension arrangement. A shocking statistic when you consider that State support is shrinking and we’re all living longer. Of course, saving for a pension when you’re self-employed is...
by Brian Downton | J, Jan, 2023 | blog, Pensions
In his 2021 Budget, the Chancellor announced a five-year freeze on the lifetime pension allowance. What does this mean for you and your retirement fund? What is the lifetime pension allowance? The lifetime pension allowance sets a limit on how much you can save in...
by Brian Downton | J, Dec, 2022 | blog, general
Money and financial goals are still sometimes viewed as taboo subjects, even within relationships. If you’ve been putting off conversations about finances, creating a plan together could have many benefits. Actively talking about money can be positive for both you and...
by Brian Downton | J, Dec, 2022 | blog, general
The cost of living is rising. Reviewing your finances now is crucial for understanding what effect inflation could have on your lifestyle and long-term plans. Inflation was at an almost 40-year high. In the 12 months to August 2022, it was 9.9%. There are several...
by Brian Downton | J, Dec, 2022 | blog, general
Reducing your energy consumption can be a great way to cut your carbon footprint, lessening your personal impact on the environment and potentially helping to limit the devastating effects of climate change. As living costs and the price of energy are soaring, taking...
by Brian Downton | J, Dec, 2022 | Budget
After several months of economic and political uncertainty the new chancellor, Jeremy Hunt, has delivered his autumn statement. With announcements relating to energy bills, Income Tax, the State Pension, tax allowances, and Stamp Duty, there are plenty of ways your...
by Brian Downton | J, Nov, 2022 | blog, mortgages
Sarah has never overstretched herself when it comes to money. After paying her monthly bills, she’s always had a bit left over. So, when her mortgage lender wrote to her to remind her that her five-year fixed-rate deal was coming to an end and that she needed to find...
by Brian Downton | J, Nov, 2022 | blog, mortgages
The Bank of England has raised interest rates and warned further hikes are likely in the coming months. This will mean bigger bills for some homeowners. On 3 November 2022, the Bank of England raised interest rates from 2.25% to 3% – the eighth hike since...
