An alarming set of data has come to light. Over three million pensioners are holding all of their ISA savings in cash!*

The analysis highlighted that during the most recent year for which figures were available (2018/19), there were 5.8 million over-65s holding ISAs, valued at just over £305bn in total, the average amount held was £52,500. However, 3.4 million of these

New data from the Office for National Statistics (ONS) Wealth and Assets Survey* has revealed that the largest single component of household wealth is private pension holdings.

In the latest recorded period (April 2018 to March 2020) pensions represented 42% of aggregate wealth, up from 34% (2006-08), an increase in pension wealth of nearly £70k on average for UK

Responsible investing can be confusing as there are so many names and terminologies: Environmental, Social and Governance (ESG) Investing; Sustainable Investing, Impact Investing and Socially Responsible Investing to name a few.

However, one thing we can agree on is that it is becoming a much larger part of how people invest. As awareness around the challenges affecting

While there's minimal change in the operation and structure of the taxation of UK individuals in the 2022/23 tax year, the ‘no change’ element is significant. Excluding the 1.25 percentage point increase to National Insurance and Dividend Tax rates from April 2022, and an increase in the National Insurance threshold to £12,570 from July, the big tax freeze is on. Stemming

Taking positive steps to achieve financial freedom

When are you thinking of retiring? With many pre-retirees reassessing their lives and priorities in the wake of the pandemic, there really is a seismic shift for many people towards achieving life balance. People need a plan to flex with their changing aspirations – it’s become more about living life rather than going

A few weeks after my father died, I decided to have all my long hair cut off. I cried for hours afterwards, I was clearly in no place to make such a major decision, but thankfully hair grows back. Financial decisions on the other hand can be long lasting. Nobody wants to think of themselves as vulnerable but at some point in our lives unless we are extremely lucky life can

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