Posted by Andrew_Smith on Thursday 14th of March 2019
The new tax year is coming up. You financial plan could be impacted by these key dates in your 2019 financial diary.
National Living Wage (for age 25+) rises to £8.21.
National Minimum Wage rises to £7.70 (21 - 24-year olds), £6.15 (18 - 20-year olds), £4.35 (16 - 17-year olds), and £3.90 (apprentices under 19 or in the first year of their apprenticeship).
Council tax bills rise up to 4.99%
Universal Credit for households with children and those with disabilities will to go up £1,000.
End of the 2018/19 tax ye...
Posted by Andrew_Smith on Tuesday 26th of February 2019
Many people who have just begun working with us are surprised by how our planning process starts. We don’t begin by talking about ISAs, Pensions or how much you’re saving. Instead, we begin by talking about you, not your money.
Putting your life before your financial plan.
As Life-Centred Planners, our process begins with understanding your life plan. We start by asking you about your family, your work, your home, your goals, and the things that you value the most.
Our job is to build a financial plan that will help you make your life pl...
Posted by Andrew_Smith on Monday 7th of January 2019
Big red arrows, panicked news experts, and the echo chambers of our social media feeds can make stock market volatility seem much worse than it actually is.
If you’re having trouble keeping a cool head about your own investments, take a deep breath and consider these three key points about market history and the true purpose of your financial plan. Today’s losses might seem scary, but if you can clear your head of all the noise and stay focused on what’s really important, your investments will yield a greater Return on Life.
1. Stock mar...
Posted by Andrew_Smith on Wednesday 2nd of January 2019
Making the most of your pension savings
Thanks to there being no major changes announced to pensions in the October 2018 Budget you can continue to pay into your pension over the next 12 months without any surprises to knock you off track.
This does, however, present a great time for you to review your pension savings. Are you confident you’re saving enough to support the lifestyle you want in retirement? Put simply, a pension is a long-term savings plan which grows over time and provides you with an income to see you through your retire...