Blog

  • The topics you need to be talking about with your parents

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    Talking about money with your parents can be difficult. However, these conversations can also be some of the most important ones you will have with those you love. It doesn’t need to be a full examination of their financial records, as you clearly don’t want to overstep any boundaries or cause offence. But there are also questions you need to ask t...
  • Hints that interest rates could rise

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    Figures released at the end of January revealed that the final quarter of 2017 saw the economy expand by 0.5%. The Bank of England has now indicated that the pace of interest rate rises could speed up if the outlook remains positive. Although Mark Carney and his colleagues voted to keep interest rates on hold at 0.5% at their latest meeting, they d...
  • Who owns your bank?

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    Following the financial crisis of 2008 when a number of big British banks came close to collapsing, the Financial Services Compensation Scheme (FSCS) was strengthened by the government. As such, the FSCS 100% guarantees the first £85,000 of a person’s cash savings per banking licence in total, including interest. This means that a couple with a joi...
  • Carillion highlights the issue of pension deficit

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    The collapse of construction firm Carillion has been widely reported and it’s no surprise that high-profile cases such as these cause worry amongst employees throughout the UK as to whether their promised workplace pension will be delivered when the time comes. Defined benefit (DB) pensions are based on either a worker’s final salary or their avera...
  • 5 key financial changes to watch out for in 2018

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    As with any new year, there are a number of financial changes coming up in 2018 which are likely to impact on your monthly budget and long-term saving goals. Let’s have a look at five of the most significant and what they’re likely to mean for you over the next twelve months. Automatic enrolment contributions are set to increase – If you’re enroll...
  • How to avoid HMRC scam emails and phone calls

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    Anyone with an email address is likely to have experienced a scam or phishing communication landing in their inbox, and unfortunately this type of attack is becoming both more frequent and more sophisticated. Sending a message purporting to be from HMRC is a popular method criminals can use to attempt to get hold of personal and financial details....
  • Where did house prices increase and decrease the fastest in the UK in 2017?

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    Research into the housing market throughout 2017 has revealed the areas of the UK where property prices increased and decreased the most last year. Cheltenham in Gloucestershire was the place where prices grew at the fastest pace, with the average price of £313,150 marking a 13% rise – nearly five times the UK average increase of 2.7%. At the other...
  • Property scam – a cautionary tale

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    It’s a troubling norm of today’s society that most people will have heard a horror story about property fraud from a family member, a colleague from work or simply reading online. Importantly, these stories need to be kept in perspective: remember, the tales of properties being rented and sold without any noteworthy problems are the ones people usu...
  • Millennials on target to enjoy inheritance boom but not until they’re 61

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    A recent report has revealed that millennials are set to benefit from an ‘inheritance boom’ bigger than that experienced by any other generation in the post-war period. The Resolution Foundation, the think-tank which carried out the research, defined millennials as people currently aged between 17 and 35, and found that those within this age bracke...
  • 4 saving habits of millionaires

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    There are no shortcuts or guarantees when it comes to achieving self-made millionaire status. That said, it can’t hurt to look at the financial habits of those who have managed to do just that to try and boost your own coffers. Here are our top tips from looking at those who’ve become millionaires by age 30. Who knows, they might just lead to you b...