In the wake of the pension transfer scandal at Tata Steel, where some FCA regulated advisers gave poor advice to steelworkers, the damage to the profession has been frustrating for firms like FMB who abide by an ethical code which puts clients first. The Personal Finance Society (the financial advice arm of the Chartered Insurance Institute) has been working with its

We often hear about the so-called sandwich generation and the financial pressures they face.

Sandwich generation refers to a group of people trapped between financially dependent adult children and demands from their elderly parents.

It can place a great deal of time and financial pressure on individuals and couples, who might otherwise be in the prime financial position

Have you noticed a trend towards minimal lifestyles? It's everywhere. From Instagram accounts about packing everything into a camper van and leaving the ratrace (#vanlife), to decluttering your mental state with mindfulness. Of course minimalism is often associated with our living spaces. I'm quite unsentimental when it comes to possessions anyway, so I was an easy convert

Just a couple of weeks ago a friend pointed out a Facebook advert to me. It was titled “Marks Money Matters”. It was advertising a fixed rate ISA with a return of 8%... I wonder how many people have just read that and thought, “ooh that sounds like a good deal, I’ll have a look”? I really hope your reaction was that of a healthy cynic. It sounds too good to be true right?

In the case of married couples/civil partners it is not unusual for one party to be a taxpayer and the other a non-taxpayer.

The ‘tax-free’ Personal Allowance for the current tax year is £11,850.

The total income of the non-taxpayer may well be some way below their £11,850 tax-free allowance meaning that part of their allowance is going to waste. Provided that their

In our latest monthly investment update for September 2018, we look at how investment markets, global economy and commodity prices are performing.

The FTSE 100 index of leading UK company shares finished August at 7,432.42 points, down from 7,748.76 points at the end of July. This represents a fall of 316.34 points or 4.08% during the month.

The fall in the value of the

People assume that state benefits are for those who need financial assistance and support. This might be true in most cases, but not all benefits are means tested.

For example Attendance Allowance is to help people who need extra assistance. The criteria are based on the ability to complete personal care tasks to establish a need for support in the home. It is not means

A consultation paper has been published by the Pensions and Lifetime Savings Association after a year of research.

During the course of their research they discovered that 51% of respondents “believe that the Government’s minimum automatic enrolment contribution rate is the recommended amount to save for retirement.” Only 20% of respondents felt they were saving enough