Arm yourself with advice before shopping for a mortgage

As buying a home is such a major financial outlay, it is little wonder that there are potential pitfalls. Purchasing a property may be daunting, but it is an exciting venture and can offer you many long-term financial advantages. As with any significant life choice or considerable purchase, it is best to equip yourself with as much knowledge as possible before you make any decisions. This way you can stay informed about possible mistakes and ensure you avoid them. Continue reading “Arm yourself with advice before shopping for a mortgage” »

How will the Autumn Statement and Spending Review affect you?

The 2015 Autumn Statement was released on November 25th alongside the Spending Review. Chancellor George Osborne gave a speech accompanying the publication of the materials, speaking for over an hour about the big challenges that the UK would face over the coming months. He also talked about how the changes would affect the income of the public. Continue reading “How will the Autumn Statement and Spending Review affect you?” »

Is there a gap in the financial advice market?

The House of Commons Work and Pensions Committee has published its first report on Pension Freedoms since the new rules were introduced in April. At the time the move was heralded because it gave people more control over their pensions, letting them decide how to invest their money rather than having very limited options such as an annuity. The new report takes a look at the current situation six months on. Continue reading “Is there a gap in the financial advice market?” »

Helping you to deal with pension freedom

This year, the government has introduced radical changes to the existing pension system which could have an effect on your pension planning. One of the main changes was the introduction of “pension freedom”, to begin in the 2015/16 tax year. Essentially, this means that anybody aged 55 or over can take the entire amount of their private pension as a lump sum, paying no tax on the first 25%. The rest of the sum will be taxed as if it were a salary at their particular income tax rate. Continue reading “Helping you to deal with pension freedom” »

It’s never too early to start saving

Regardless of your age or income, it is always a good idea to seek advice about savings and investments. Doing so will help you to explore all of the options in a far more in-depth manner so you can decide which is best for you. It will also help you to look at all of the fine details so you don’t end up choosing an option that comes with tough terms, hidden costs or big risks. Continue reading “It’s never too early to start saving” »

Preparing for retirement with personal pension plans

The purpose of a pension is to provide you with the financial support you need when you permanently stop work. As the pension markets are subject to constant change it can be a challenge making the right choice when planning your long term financial future. Retirees undoubtedly face complex decisions, but long term planning will alleviate any concerns and make sure that you are financially covered for your retirement years. Our independent financial advisors in Middlesbrough can help you select the pension plan that will work for you. We offer a comprehensive service and the most beneficial recommendations and support. Continue reading “Preparing for retirement with personal pension plans” »

Protect yourself against an uncertain future with critical illness cover

One of the greatest financial worries for many people is how they will cope should they fall ill. Serious and terminal illnesses will prevent an individual from working, which means that they are unable to provide for their family. It is always best to plan ahead for the worst so you can feel confident the people you care about will be well looked after, no matter what happens in the future. Insuring yourself against uncertainty is just as important as insuring your car and your home, and one of the most important types of insurance to take out is critical illness cover. Continue reading “Protect yourself against an uncertain future with critical illness cover” »

The benefits of working with advisors before and during retirement

If you’re preparing for retirement, it’s a great idea to consult a professional financial advisor, as they can help you to plan your investments, income and spending. The relationship can offer all kinds of benefits and give you the support you need at such an important time in your life. Advisors will also be on hand during your retirement to help you make any necessary changes to the strategy as and when unexpected challenges arise. Continue reading “The benefits of working with advisors before and during retirement” »

Protect your family with whole of life assurance

When a family member passes away, the loved ones left behind may be left with financial worries. One great fear that many of us have is how our family will cope with our absence. Of course, there are many ways to handle this; whole of life assurance can be particularly helpful for safeguarding your family when you pass away. When it comes to finding the right whole of life assurance policy for your needs, our financial advisors in Middlesbrough can help. We have the expertise and knowledge required to provide you with a satisfactory solution for your financial concerns. Continue reading “Protect your family with whole of life assurance” »

Things to avoid when choosing accountants

When you are in search of financial advisors in Middlesbrough to help you maximise your wealth and handle your investments, there are several qualities you will be looking for. A good reputation, relevant qualifications, experience and great references will all be near the top of the list. There are also some things to avoid – here are our tips for what not to look for in a financial advisor. Continue reading “Things to avoid when choosing accountants” »