02/09/22 One of the key drivers of soaring inflation and the cost of living crisis has been the sharp rise in energy bills. Indeed, the Office for National Statistics say that the largest upward contributions to the annual inflation rate in July 2022 came from housing and household services – principally from electricity, gas and […]
Andrew Day
3 practical reasons you need to plan for later-life care costs
02/09/22 Have you considered how you might meet the cost of care if you need it in later life? If you haven’t, you’re not alone. While no one wants to consider needing help when they are older, new research from Canada Life has revealed that more than 7 in 10 (72%) over-60s have not thought […]
3 weighty lessons The Godfather can teach you about running a family business
22/08/22 One of the most iconic films ever made, The Godfather, turns 50 this year. Directed by Hollywood heavyweight Francis Ford Coppola, and released in 1972, The Godfather is a bloody tale of five Italian-American families vying for power in 1940s New York. Central to the story, the Corleone family is headed up by Marlon […]
How to boost your State Pension before important rule changes next year
22/08/22 If you are approaching retirement age, it is likely you are relying on receiving the new State Pension when you become eligible. Although the State Pension may not fund your entire retirement lifestyle, it acts as a foundational fund that will be supplemented by your private pension, and any other savings you have. Now […]
How did the cost of living crisis happen? 3 key factors at play
22/08/22 The “cost of living crisis” is a phrase that no doubt has rung in your ears for a few months now. With inflation at a 40-year high, and the Bank of England (BoE)’s base rate at its highest since 2008, UK households are experiencing affordability issues across the board. Plus, with economists forecasting a […]
Q2 2022 market update
17/06/2022 Last quarter, you read about the significant market downturns that occurred around the world at the start of the year. The “perfect storm” of the ongoing Covid-19 pandemic and the Russian invasion of Ukraine in February created a difficult environment for markets at the start of the year. Indeed, throughout Q2, there have been […]
3 surprising lessons a 24-year old Japanese man could teach you about handling a large inheritance
If you mistakenly received your local community’s £287,000 Covid-19 relief fund tomorrow, what would you do? Of course, morally, you would elect to report this mistake to the relevant authorities. However, a 24-year old Japanese man, who has remained anonymous, had a different idea. According to the Guardian, when this really happened to him, he […]
What is “inflationary psychology” and how might it affect you this year?
20/07/2022 According to the Office for National Statistics (ONS), the UK’s rate of inflation now sits at a 40-year high, rising to 9.4% in June 2022. Indeed, in light of the Covid-19 pandemic and the Russian invasion of Ukraine, the prices of everyday goods have skyrocketed in recent months. These factors have formed somewhat of […]
Your complete guide to financial protection
17/06/2022 Financial protection is an important part of creating long-term security. Yet, it’s something that many people overlook. Appropriate financial protection can provide you or your family with an income or lump sum when you need it most. It can create a valuable safety net and help ensure you’re still able to meet financial commitments […]
The US printed more than $3 trillion in 2020 alone. Here’s why it matters today
17/06/2022 When a crisis hits a nation – or in the case of the Covid-19 pandemic, the entire world – governments and central banks have to act fast. When the pandemic hit in March 2020 and lockdowns were imposed throughout the world, economies suffered sharp declines. In response, the US Federal Reserve took a seemingly […]