Pandemic triggers shift to saving

People thinking more about their spending and financial priorities. The coronavirus (COVID-19) pandemic has lead to more people re-thinking how they spend and manage their money, with more than half (51%) now prioritising saving for an unexpected event or loss of income, research published suggests. A third (32%) are setting aside money. This reflects Bank…

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What should investors consider in the new year?

Your opportunities. Your wealth. Your legacy. Part of the process of putting in place a successful personal lifestyle financial plan is to understand your ‘number’ – in other words, the amount of money you’ll ultimately need to ensure complete peace of mind in knowing your future lifestyle is secure and making sure you don’t  run…

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Visualising your future

Many of those who seek to change their lives and move forward find they encounter roadblocks. These roadblocks, which come in the form of unnecessary fears and worries about what might happen next, can stop us from reaching our potential and achieving happiness. Visualisation is a powerful tool that we all use every day, without…

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Remember, an unwritten goal is just a wish

Think about your goals for this coming year – what do you want to accomplish? Goals help us understand what areas we need to focus on, provide a framework for action planning, and give us a sense of accomplishment as we work towards achieving them. Sometimes it’s hard for us to imagine the future we…

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Festive gifts that teach children the value of money

Why parents should look to Christmas investment gifts instead of toys. With the festive season arriving, have you thought about gifting your children or grandchildren something different this year? Giving them a good start in life by making investments into their future can make all the difference in today’s more complex world. Lifetime gifting is…

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December Fact Sheets

All of our December financial guidance factsheets are available to download below. Each one focuses on a different financial aspect to help guide you when setting and reaching your financial goals. If there is anything you are unsure about, or would like further information, all of our independent financial advisers offer a free initial consultation…

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Coronavirus alters retirement plans

One in eight older workers extend their planned retirement age. The coronavirus (COVID-19) crisis has disrupted many people’s working lives in ways we couldn’t have imagined. It’s been deeply worrying to see some people now planning to retire earlier than they intended – including many who have been on furlough. That’s fine where it’s a…

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Planning for a better financial future

Have you made sure your plans are still on track? It’s been nearly two years since the first novel coronavirus (COVID-19) case was detected. The economic impact of the pandemic has not been equally distributed amongst all adults and, where inequalities existed before the pandemic, these may have been widened or closed. The pandemic has…

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Intergenerational financial planning

COVID-19 increases desire for sustainable investing for half of UK adults. The coronavirus (COVID-19) pandemic has prompted a desire to move into ethical and sustainable investing for more than half (51%) of advised UK adults, according to a new report. And while the trend is common across the generations, it’s Millennials who are leading the…

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How to trace multiple old pension pots

Over time, pension schemes close, merge or become renamed Changed job? Moved house? It’s not always easy to keep track of a pension, especially if you’ve been in more than one scheme or have changed employers throughout your career. Over time, pension schemes close, merge or become renamed. So even if you remember the name…

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Coping with life-changing events

Change is the only constant in life. It inevitably involves twists and turns, with some that are expected while others may be entirely unplanned. When this happens, it’s important to feel secure with the knowledge that you have the right contingency plan in place. None of us can predict exactly what a life-changing event will…

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TIPS Financial Magazine Nov/Dec Edition 2021

Welcome to our November/December 2021 magazine. This issue was written prior to the Chancellor of the Exchequer, Rishi Sunak, presenting the second UK Budget of 2021 on Wednesday 27 October. We will look at the key announcements included in the Chancellor’s red box in the next issue. Inside, ‘How can I protect my money from…

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