What is a Lifetime ISA and can I use it to save for retirement?

The Lifetime ISA (LISA) was introduced in 2017 to encourage people to save towards retirement or their first home.

First, lets cover the LISA rules:

• You must be over 18 or under 40 to open a LISA.
• You can contribute up to £4,000 per year, until you're 50: This counts towards your £20,000 ISA allowance

If you have set up a trust, have you written a letter of wishes?

As part of our ongoing review process, if a client has set up a trust, then we check if they have a letter of wishes in place and if it is up to date. There is a similar document for pensions usually known as an expression of wishes.

A letter of wishes is a way for the settlor of a trust to inform the

What is the Financial Services Compensation Scheme and what does it cover?

“I've had a few questions recently from clients about the Financial Services Compensation Scheme (FSCS). If you aren't familiar with the FSCS already, they provide protection for customers of financial services firms that have failed, this can include banks and investments.

They protect UK

The turn of the New Year will have no doubt brought about an abundance of resolutions but we all know that sticking to them is the hardest part. If improving your financial fitness is one of yours for 2022, follow our 5 steps below:-

1. Calculate your personal net worth

This isn’t as difficult as it may sound. Firstly, you need to make a record of all your assets which