A look at how you might earn an income from your savings and the funds that offer a potentially stronger return. Up until a few years ago, many people – especially those approaching retirement – assumed that they’d be able to use their savings to supplement their income. Yet with interest rates having fallen to ... Read More
Having a valid Will in place isn’t tempting fate – it’s simply being sensible. It’s an opportunity to make sure all of your affairs are organised, your loved ones get to retain as much of your wealth as possible, and that your wishes are carried out. The fact it can be such a difficult issue ... Read More
We take a look at some of the key ways you could improve your financial situation. There are times when it can really pay off to pause, reflect on the health of your personal finances, and consider making changes that could improve your wealth. Things in both your own life, and the wider world, can ... Read More
Pension freedoms for the taxman Thousands of over 55s might have experienced a huge tax shock over the past year – and it’s important other people don’t similarly trip up. Figures from the Financial Conduct Authority, for the first tax year since the pension freedoms were introduced, revealed that almost £900 million of money withdrawn ... Read More
After a tough financial year, is now the time to discuss your finances? In April 2015, the UK’s major stock market – the FTSE 100TM – climbed to a new record high. Barely eight months later, it had slumped by more than 20%. Market rises and falls might be part and parcel of life as ... Read More
The 2015 pension freedoms are encouraging more people to make a smoother transition into retirement. Everything changes when you enter retirement. And if, like most people, you’ve spent the last 30-40 years working full time, it can come as quite a shock. Having a job is about more than receiving a wage. There’s also a ... Read More
Basic rate tax payers benefit from a lower rate of tax relief (20%). Rarely has there been a Budget that has generated as much media coverage as the one unveiled in March, but what’s hidden behind the headlines? It would be fair to assume that Chancellor George Osborne’s eighth Budget speech will go down as ... Read More
Manchester-based Chartered Accountancy practice and Financial Services business launches new brand identity. Long established and leading Chartered Accountants TFD Dunhams and their sister company TFD Dunhams Financial Services Limited have rebranded. They will now trade under the styles of Dunhams Chartered Accountants and Dunhams Financial Planning respectively. Dunhams, created in the 1940s are conveniently located ... Read More
The financial analyst group Moneyfacts has described the current Individual Savings Account (ISA) savings market as possibly the ‘worst’ ever seen in the UK. Returns on ISAs are at record lows, while changes due to come into effect in April will see the introduction of a new Personal Savings Allowance (PSA), which will render ISAs’ ... Read More
The recent changes around pensions mean they have become more attractive for your loved ones to inherit – which could prompt you to re-think how you approach your future. Building up a large pot of pension savings could lead to a more fulfilling retirement – and it can now also provide a lasting legacy for ... Read More
