Short summaries of recent articles we think you will find useful from some of the UK’s broadsheets.
“How culture shapes our money mentality”
Human behaviour is much less predictable — or rational — than the finance industry likes to think.
“FCA urges thousands to seek compensation over pension transfers”
Letters sent to clients of IFAs who have since gone bust.
“Surge in workers unwittingly put into ‘tax avoidance’ arrangements”
Supply teachers and agency nurses among those put into umbrella company schemes.
“Who’s afraid of 2.1% inflation?”
Be concerned about the effect on your cash savings and stock markets.
“Time for an investment step change”
Go active in the US to capture mid-cap growth and shift to passive in the UK.
“The million pound pension problem”
Four taxing questions to ask well before your 60th birthday.
“We lost 90% of our nest eggs backing Osborne’s budget boost for start-ups”
Investors were given tax breaks to help small firms, but ten years on, many are counting the cost.
“Inflation is the silent killer that is stalking all of us”
Last week the Office for National Statistics reported that inflation had climbed from 1.5% to 2.1%.
“Go slow and prepare for the worst”
Six steps to running your own retirement.
“Red-hot property market starts to cool as buyers priced out”
The level of sales agreed has fallen, while house price growth has slowed amid a scarcity of homes for sale.
“Where working at home is driving up house prices”
A wave of pandemic relocators mean ‘a few Lambourghinis pass our office every day’, says one Norfolk agent.
“Money Makeover: ‘I’m 42 – can I retire on half my salary at 65?‘”
Times reader wants to save for his future but doesn’t want to compromise on living today.
“Do you want your pension to invest in companies harming the planet?”
Environmentally conscious workers are challenging their employers or providers to offer greener funds.
“House asking prices hit record levels across Great Britain”
Rightmove data shows largest June increase since 2015 but economists suggest Covid boom may be fading.
Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.
You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.
As tax year end approaches, there is still time to make use of your available reliefs and allowances.
This tax year end planning checklist covers the main planning opportunities available to UK resident individuals and will hopefully help to inspire action to reduce tax for the 2023/24 tax year and to plan ahead for 2024/25.
As tax rate band thresholds are changing, understanding the impact on high rate taxpayers and the economy is crucial.
It was recently revealed in the media that the amount we need to enjoy a ‘moderate’ retirement has increased by £8,000 per annum, a 38% increase, in just one year.