Chartered Financial Planner Simon Hartley considers how the benefits of Cash ISAs and savings having shifted since the turn of the Millennium.
The year is 1999. Kevin Keegan becomes England manager; the London Eye is under construction and Britney Spears tops the charts. The minimum hourly wage for an adult in England is £3.60, Basic Rate income tax is 23% and the Bank of England interest rate dances between 5% and 6%.
Financial Planner Chris Taylor explains how life insurance can allow you to provide a legacy for your family.
“No legacy is so rich as honesty.”
You could be forgiven for thinking that your worldly assets (or your ‘estate’) will be enough to provide a legacy for your loved ones, but with average UK life expectancies fast approaching 90 years(1) and average nursing home costs for those who need it now reaching £46,436 p.a.(2), there is a very real risk that your children’s inheritance will be eroded during your lifetime.
Financial Planner Robert ‘Bob’ Colebrook outlines the options available to investors looking to secure their grandchildren’s futures.
We all like the idea of spoiling our loved ones, whether that be money in a birthday card or a day out (when we are allowed!). Many grandparents will also open a savings account for their grandchildren when they’re born, but with interest rates at record lows and prices rising year on year, this nest egg might end up being worth less than one would like by the time it’s gifted. Investing is one method used to combat inflation, but what investments can you actually make on behalf of a child?
Financial Planner Will Hodgson expands on his previous Estate Planning article by discussing Lasting Powers of Attorney.
Many people assume that their partner, spouse or even children would be able to step in and manage their affairs should they lose capacity. Sadly, this is not the case; instead, an application to the Court of Protection would be needed and it is ultimately their decision as to who is appointed as a ‘Deputy’. A Deputy’s court-appointed powers will be limited, and applying to the Court of Protection can be a very expensive and time-consuming exercise. In the interim, access to an individual’s assets in any form will be virtually impossible, and liaising with care homes or medical professionals will prove very difficult. This is why Lasting Powers of Attorney (LPA’s) are so important.
Financial Planner Richard Pearson-Wood offers tips on making your money go further in retirement.
The Festive Season is upon us, and whether you are crunching the numbers in preparation for retirement or already retired and just preparing to spoil the family, there are plenty of ways to ‘trim the fat’ from your expenditure.
Financial Planner Alex Smith introduces the topic of Trust Planning.
The challenges that the pandemic brings to society are vast. They have rocked our economy to the core and challenged us to find new ways of working, ways of living and for many, simply ways of just existing. It might seem a little detached to be reading an article about ‘Trust Planning’ (what on Earth is Trust Planning anyway? – we’ll get to that shortly...) in these times, but an obvious consequence of the pandemic is the fact that it is causing many of us to consider what would happen in the event that we, or those close to us, pass away.
Chartered Financial Planner Alex Pickles considers the benefits of contributing to a pension in retirement.
Pensions are an essential piece of your personal finance jigsaw and they no longer need to be seen simply as vehicles to provide an income in retirement. Whilst this is clearly one of their main functions, using a pension as a savings plan can help fulfil all sorts of financial goals and objectives that you may not have even considered…
Financial Planner Will Hodgson explains the importance of Estate Planning for your future generations.
Thinking about your own mortality isn’t necessarily a pleasant exercise, but planning ahead with Wills and trusts could give you the peace of mind of knowing that your loved ones will be looked after when you’re gone.
BBT Group Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
BBT Group Ltd is registered in England & Wales number 3489429. Registered office address:2 Benton Office Park,
Bennett Avenue, Horbury,
Wakefield, West Yorkshire WF4 5RA