Bank Rate increased to 4% – February 2023

Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February 2023, the MPC voted by a...[Read More]

Achieving a feeling of pride in retirement

Are you the employee who eagerly waits for retirement day or one who fears it because they are not prepared? While there is no blueprint for a happy retirement, some actions can help increase the chances of having an enjoyable life after retirement. For example, you...[Read More]

Financial resolutions to make this New Year

The new year is a perfect time to reflect on your achievements from the ending year and to plan for the new year. While you can also make resolutions for other aspects of life, financial success should be at the top of your list. Check if you achieved your last...[Read More]

5 Ways to Live Your Best Life After Retirement

Have you ever thought about life after retirement? If you have, you most likely think about the best things in life: a happy family, good health and wealth. The only way to make this dream retirement a reality is to have the right retirement plan. Below are some tips...[Read More]

Don’t miss the 2022/23 ISA deadline

Time is running out to take advantage of this year’s Individual Savings Account (ISA) allowances. You get one ISA allowance per tax year. So use it or lose it soon, when the tax year ends on 5 April. Lifetime ISA? A: You’re able to open a Lifetime ISA if...[Read More]

Communicating with a senior — 5 tips for meaningful conversations

Whether it’s your parents or grandparents who are living with you, providing aged care comes with its own set of challenges. As time passes, you may realise that communicating with a senior can get more difficult as they advance in age. Daily encounters can become...[Read More]

Time management: The meaning, importance and benefits

It is often said that ‘Time and tide wait for no one.’ Therefore, to achieve success in life, one needs to develop a deep appreciation for time. Anyone can benefit from time management — whether in school, in the office or with life in general. You can realise...[Read More]

Individual Savings Accounts

Don’t miss the 2022/23 ISA deadline Time is running out to take advantage of this year’s Individual Savings Account (ISA) allowances. You get one ISA allowance per tax year. So use it or lose it soon, when the tax year ends on 5 April.Any unused ISA allowance...[Read More]

5 things you can do to live a happier life

Everyone wants to be happy. And, although the definition of happiness may vary among individuals, it’s no secret that most of our pursuits in life are influenced by what we think brings us joy. Some people find fulfilment in building their career or caring for their...[Read More]

Retirement Planning Tips

Whether you’re in your 30s, 40s or 50s, it’s never too early to start planning for retirement. That being said, the financial status and concerns of someone in their 30s would typically be quite different from that of someone who’s middle-aged or...[Read More]

Benefits of financial goal setting

Why Should You Start Setting Financial Goals? Saving a few pounds today can add up to a lot of money later on – cash that you can use to start investing, pay off your debt repayment, or save for retirement. But to ensure you have a clear direction and achieve what...[Read More]

Helping kids with living expenses

There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest. Now, this can happen early during your child’s teenage years or much later in life....[Read More]

Minimising or Even Avoiding Capital Gains Tax Liabilities

Getting advice early and planning ahead before you sell an asset. Capital Gains Tax (CGT) is a form of taxation imposed on profits earned from the sale of certain types of assets. Gains are calculated by subtracting the purchase price and related expenses (such as...[Read More]

Tax on property, money and shares that you inherit

You do not usually owe any tax on an inheritance at the time you inherit it. Inheritance Tax The personal representative (an executor or administrator) for the estate usually pays any Inheritance Tax due before giving you the inheritance. HM Revenue and Customs (HMRC)...[Read More]

Preparing your pets for holidays

Are you getting ready for a long-awaited holiday? You probably have plenty of preparation and planning to do, especially if you have pets. Whether taking your pet with you or leaving it with a trusted caregiver, there is still much to take care of.   Travelling with...[Read More]