In March, Rishi Sunak unveiled “one of the largest and most comprehensive economic responses in the world” to protect the UK’s population against the impact of coronavirus. The £160bn plan, the Chancellor said, was just the first stage of the government’s response to the pandemic. Four months later, on 8 July, the Chancellor stepped up once again to reveal the second phase, “a plan for jobs”.

In his speech, Mr Sunak did not shy away from the “profound economic challenges” facing the nation. He revealed that, in just two months, the economy ...

Oue Annual Allowance Leaflet looks at the tapered annual allowance, how it operates and the impact it could have on an individual’s annual allowance.

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“In this world nothing can be said to be certain, except death and taxes.”

Financial planning is all about preparing for those things that may not be so certain (and taxes). Plans should be reviewed regularly so they adapt to changes in your circumstances and reflect developments in the wider economy and financial markets.

Cashflow modelling, sometimes known as cashflow forecasting takes a view of investments, debts, income and expenditure. It takes in to account things like inflation, changes in income and interest rates.

It can ...

While, for many, discussions about money can be extremely uncomfortable, experts have long stressed the best approach to financial issues is invariably to talk about them. Indeed, perceived wisdom suggests the more open and honest people are about money, the better their life and relationships tend to be.

Finance: the last taboo
There’s a wide variety of reasons why people don’t like to discuss their finances. In some cases, money is simply viewed as a vulgar subject to talk about, while many individuals lack financial confidence and therefo...

“In this world nothing can be said to be certain, except death and taxes.”

Financial planning is all about preparing for those things that may not be so certain (and taxes). Plans should be reviewed regularly so they adapt to changes in your circumstances and reflect developments in the wider economy and financial markets.

Cashflow modelling, sometimes known as cashflow forecasting takes a view of investments, debts, income and expenditure. It takes in to account things like inflation, changes in income and interest rates.

It can then be ...

Complex tax-efficient investments such as Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCT) are a consideration for those who may be able to tolerate a high level of investment risk.

EIS and VCT are investment vehicles which encourage investment in small, unquoted trading companies in their early stages, who are typically trying to raise capital. These initiatives benefit the economy by promoting innovation amongst the small higher-risk business community, which in turn drives productivity, creates jobs and boosts economi...

There are 4.8 million self-employed people in the UK and only a third have any kind of pension arrangement. A shocking statistic when you consider that State support is shrinking and we’re all living longer. Saving for a pension when you’re self-employed is not as straightforward as it is for an employed person, who   might   automatically   benefit from a workplace scheme and employer contributions. We’ve outlined some key points for you to consider.

Don’t rely on the State Pension

Whether you’re employed or self-employed you’re entitled ...