The news in July really could not have been much worse. The threat of a trade war between the US and China simmered throughout the month, and then on 31st July President Trump ramped up the tension with proposals of a 25% tariff on $200bn (£152bn) of Chinese imports.
When it comes to saving for your pension, the old adage repeated to revising students rings true; little and often.
You can’t take two steps on the internet without tripping over a new get-rich-quick scheme or the latest mentor promising you fast, easy results.
Getting a financial adviser to guide you through the process can be a great idea, but when you hand someone the keys to your capital, you want to make sure they know what they’re doing.
In some respects, our finances are no different to a car. They too could often benefit from a bit of fine-tuning from time to time to ensure they’re running at optimum performance and that our investments are working as hard as they might.
When we think about what we leave behind when we die, the majority of us take an approach that gives little regard to the vast amount of digital assets we hold.
Keeping track of your pension pots can feel like a full time job at times, particularly as we head towards a world where the average person will have eleven different jobs over the course of their career.
Inheritance tax (IHT) has existed in the UK for over 300 years. In its current form, it was brought in to replace the old Capital Transfer Tax; a measure that was brought in itself as a form of wealth distribution in order to regulate disparity between rich and poor.
Does it often feel as though your finances are here, there and everywhere? Keeping track of exactly what money you have, where and what it’s doing for you is a difficult task.
As part of your overall financial planning, one item that is worth considering is your state pension and whether you are on track to get the full amount. If not, it is possible to buy top-ups, which could boost your payout by £244 a year for life.