A studyfound in 2018 that one in four adults have no savings. Many residents in the UK wish that they had cash to save, however high monthly outgoings and debt clearance seem to take priority. Saving for the little curveballs that life throws your way is a good way to maintain a sound mind, but …
Benjamin Franklin famously said, ‘In this world nothing can be said to be certain except death and taxes’. ‘And if your estate is valued over all the available allowances, everything above these will be taxed at 40% when you die. Even in death there’s no relief from taxes! However, there are certain steps you can …
Introduction First the good news. None of the leading world stock markets on which we report in this Bulletin fell in April. With just one exception – China – all the markets made gains, with the German DAX index leading the way. Generally the world breathed a sigh of relief as relations between the US …
With your capital tucked away in savings accounts, investments and mortgages, you’d assume that there is some kind of protection in place. But exactly how safe are your savings in the event of, for example, an authorised financial services firm going bust? That’s exactly what happened during the 2008 banking crisis, and UK taxpayers had …
People simply aren’t saving enough into their pension funds. Despite the relative success of the auto-enrolment rollout and the increase of minimum contributions from 5% to 8%, there’s still a culture of misunderstanding surrounding pensions. With a reported 51% of the public believing that the minimum contributions are in line with the recommended rate of …
The rules around ISAs (or individual savings accounts) change relatively often and different types of ISA rise and fall in popularity depending on where savers consider the most competitive place to put their hard earned money. ISAs are a great way to save because of their tax efficiency. You don’t pay income tax or capital …
Introduction We have commented before on the difficulty of ‘hitting a moving target.’ Sometimes in writing this commentary you run the risk of what you write being overtaken by events, and that has never been truer than this month. In the short time between us publishing notes and you reading them it is possible that …
We are delighted to invite you to our Annual Golf Event for 2019, which is taking place on Thursday 12th September at the Sprowston Manor Golf and Country Club. The event will commence at 12pm where you can enjoy a bacon roll with a shotgun start arranged for 1pm, and finishes with a delicious three-course …
Introduction February was another month when all the important news seems to happen in the last week of the month. President Trump delivered the annual State of the Union address on February 6th and announced a second meeting with North Korea’s Kim Jong-un. The two duly met up in North Korea three weeks later, only …
In January, the Office for National Statistics (ONS) released their latest Family Spending Survey, revealing the intimate details of British spending habits. In its 61st year, the report provides an insight into family spending habits, as well as showing how they differ between areas of the country. The average British household spent £572.60 per week …
