Welcome to our blog, Finding True Wealth. Being "wealthy" means different things to different people. For some it can refer to their money and assets but for others it may mean financial freedom and having the means to fulfil life goals etc. Here we'll include articles to help you on your way to find your "True Wealth".
As well as these articles, we produce guides from time-to-time. Click here to browse our previous guides.
While the physical and emotional aspects of domestic abuse are more commonly talked about, financial abuse can also affect your vulnerable friends or family members. When your loved one has fallen victim to this form of manipulation, the perpetrator will often take control of their money and manage their spending and access to their bank […]
In a bid to encourage early retirees back to work, chancellor Jeremy Hunt unveiled several changes to pension allowances during the Budget. The announcements could mean you’re able to save more in your pension and boost your retirement income. Here are the four key pension changes Hunt announced. 1. The Lifetime Allowance will be abolished […]
Estate planning is an important part of your financial plan. Not only does it ensure your assets are passed on to who you wish and considers areas like Inheritance Tax (IHT), but it could provide you with peace of mind about your future too. Over the last few months, you’ve read about why estate planning […]
The new tax year has only just started. Yet, making the most of your allowances now, rather than waiting until March 2024, could make sense. Read on to find out why. When a new tax year starts on 6 April, many allowances reset, such as the: ISA allowance Pension Annual Allowance Capital Gains Tax annual […]
Although it’s common to set out new goals at the start of the year, those resolutions are often broken by the time spring rolls around. If you’re wondering how to get back on track, now is the perfect time to acknowledge the achievements you’ve already made this year and to start planning out the next […]
Inheritance Tax (IHT) can affect what you leave behind for loved ones. It’s essential you understand if it’s something you need to think about, as there could be steps you can take to reduce a potential bill. Over the last few months, you’ve read about what estate planning is and how to calculate the value […]
Financial planning doesn’t have a lot in common with science fiction. Yet, cashflow modelling could allow you to explore the lives you could lead if you made different decisions. So, it has more in common with the multiverse theory than you might initially think. The multiverse theory suggests there is a hypothetical group of multiple […]
When you look at investment performance with the benefit of hindsight, you may think you could predict how markets will move. Yet, markets are unpredictable and expert forecasts prove how difficult timing the market is. Every investor has heard the advice “buy low, sell high”. So, it can be tempting to try and guess how […]
ISAs are a vital part of effective financial planning for many people. According to official statistics, around 12 million adults deposited money in an ISA during 2020/21. Around 66% of these accounts hold cash, while the rest are Stocks and Shares ISAs. In total, consumers added £72 billion to ISAs during the year. Under current rules, […]
A key part of your estate plan is setting out how you’d like to pass on assets to loved ones. There’s more than one option to consider, so read on to find out more. Your estate plan should consider how you’ll use your assets during your life and what you’d like to happen to them […]