How your mortgage interest rate affects the cost of borrowing
How your mortgage interest rate affects the cost of borrowing You’ve probably heard a lot about interest rates rising and affecting the cost of borrowing for mortgage holders over the last two years. But what exactly do higher interest rates mean for you? Read on to find out. Borrowers benefited from more than a decade […]
3 fundamental questions to answer if you’re investing for children
3 fundamental questions to answer if you’re investing for children Building a nest egg for your child or grandchild could give them a head start when they reach adulthood. It might allow them to pursue further education, get on the property ladder, or even enjoy a gap year. While saving is one option you might […]
Two-thirds of UK adults don’t have a will. Here’s how it could affect your legacy
Two-thirds of UK adults don’t have a will. Here’s how it could affect your legacy Failing to set out your wishes in a will could mean your assets aren’t passed on to the loved ones you’d like to benefit from your estate. As a result, this could have a significant effect on your legacy. A […]
4 unpredictable life events that could mean you’d benefit from a financial review
4 unpredictable life events that could mean you’d benefit from a financial review It doesn’t matter how much you prepare; sometimes unexpected life events could mean your carefully laid plans go awry. While you can’t know what’s around the corner, you can change how you respond to unpredictable events to help keep your financial plan […]
How to boost your composure and reduce investing FOMO
How to boost your composure and reduce investing FOMO Have you ever invested due to a fear of missing out (FOMO)? Fearing that you’ll overlook the next big opportunity to grow your wealth might lead you to take on more risk or increase your exposure to a particular area or sector. Read on to find […]
Investment market update: April 2024
Investment market update: April 2024 Interest rates and inflation continued to affect markets around the world in April 2024. Read on to find out what else may have affected investment markets and your portfolio in April. Expectations of interest rate cuts were good news for gold. Investors who feared falling interest rates would lead to […]
5 powerful tips that could help women close the investment gap
5 powerful tips that could help women close the investment gap Women are less likely to invest than men – in fact, more than a third (37%) of women don’t invest at all. There are many reasons for the gender investment gap, and it could widen the wealth gap. According to an Aviva survey, men […]
3 useful options you may want to consider when passing on assets to your loved ones
3 useful options you may want to consider when passing on assets to your loved ones There’s more than one way to pass on wealth to your family. Which option is right for you could depend on a range of factors, from whether your loved ones could benefit from support now to the implications of […]
How to beat the potential harmful effects of “loss aversion” on your wealth
How to beat the potential harmful effects of “loss aversion” on your wealth “Loss aversion” is a type of bias that could affect how you manage your finances. It’s a concept that was developed by renowned psychologist Daniel Kahneman, who won a Nobel Prize for his influential work and sadly passed away in March 2024. […]
How to make the unexpected part of your financial plan
How to make the unexpected part of your financial plan When you set out how to reach your financial goals, you might think about the steps you need to take. Just as important could be considering how the unexpected might affect your financial plan. Read on to find out how the unexpected may affect you […]