Wealth Management News
Mortgage affordability hits record high not seen since the 90s - 4 April 2018
A new report from the Halifax shows that the amount of homeowners’ disposable income paid into a mortgage has shrunk to levels not seen since the mid-1990s. The bank said that said typical mortgage payments accounted for less than a
Thousands of parents and caregivers missing out on pension benefits - 4 April 2018
It has been estimated that as many as 100,000 pensioners and family members could be missing out on National Insurance Credits to top up their pension funds. Information obtained from a freedom of information request submitted to HM Revenue &
Women lose out financially due to lack of confidence, according to new report - 4 April 2018
Only one in three women describe themselves as very or extremely confident when it comes to their finances, according to a new survey by ISA provider Scottish Friendly. Their latest Disposable Income Index (DII) has revealed that while nearly half
The number of millionaire households is on the rise in the UK - 6 March 2018
The Office for National Statistics (ONS) has released a new report that shows that the number of UK households that could consider themselves as millionaires rose by nearly a third in just two years. Around 3.6 million households in Britain
First-time buyer numbers hit a record ‘11-year high’ - 6 March 2018
The number of people taking their first step on to the property ladder hit an 11 year high in 2017, according to trade association, UK Finance. Last year there were 365,000 first-time buyers in the UK – an increase of
Parents missing out on important pension protection - 6 March 2018
Families across the UK could be missing out on millions of pounds of additional pension income as they fail to realise the connection between claiming child benefit and protecting their state pension record. In the 1970s, the system of Home
Auto-enrolment final deadline passes - 6 February 2018
By 1 February 2018, all employers must have a workplace pension plan in place under the Government’s automatic enrolment scheme. Launched back in October 2012, auto-enrolment has seen millions of workers across the UK enrolled into workplace pension schemes. The
How is Q1 shaping up for the global markets and investments? - 6 February 2018
With high levels of uncertainty as a result of Brexit and fluctuating markets, many will have started 2018 wondering where is the best place to put their money to make the greatest return. In 2017, we saw the first base
Retirement incomes hit highest level since financial crash - 6 February 2018
A new study has found that retirement income levels in the UK have hit their highest peak since the financial crisis. A new study by insurance and pension provider, Prudential, has found that those planning to retire in 2018 are
Making the most of the ISA and Pension allowance - 6 February 2018
On 5 April 2018, each individual’s annual allowance for ISA and pension savings runs out, so it is important that they plan ahead and make the most of the opportunities on offer to them. In most cases, people will have
