4 key ways to prevent your grown-up children derailing your retirement savings
The Bank of Mum and Dad is a well-known concept and we all hate to see our children struggle financially, which is why many parents continue to support their children well into adulthood. Instead of being ‘empty nesters’, many parents discover that their offspring return to the family home straight after university (that is if they ever left in the first place!) due to the problems of getting a foot on the property ladder.
Get your Power of Attorney set up
You will have seen lots of articles recommending that you plan for death by writing a will, but what happens if you become unable to make decisions for yourself whilst you are alive; either through illness or accident? Who will make decisions on your behalf and how will your finances be run?
Don’t forget your digital legacy
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.
What to do when a summer break becomes a summer break up?
Are you keeping track of your pension pot?
Can we make inheritance tax simpler?
Why the experts say people need financial advisers
With the array of online tools and self-help resources available, it can be tempting to try and take your finances into your own hands from time to time. For some people, that’s the way to handle it but for the vast majority, getting advice tailored precisely for you from a qualified professional is the best approach.
Lawyers to pursue claim against NHS following Aston Hall Abuse report
Derbyshire Lawyers acting on behalf of former patients of the Aston Hall children’s hospital which is at the centre of an investigation relating to historical abuse by a doctor have said they will be pursuing a claim against the NHS on behalf of those affected.
Online Life = Digital Legacy
We all increasingly live our lives online whether it be through various social media profiles to paperless billing for your gas and electricity account. When you’re in control, there’s no denying it makes life simple and even if you lose or forget your password, a link will be sent to your email account and within seconds you’re back in control.
New Rules for Commercial Landlords
In April 2018 new legislation increasing the minimum energy efficiency standards for commercial property was implemented, making it unlawful to enter a new lease on a commercial property with an Energy Performance Certificate (EPC) rating of ‘F’ or ‘G’, the current lowest grades of EPC.
HMRC data reveals the UK’s real gender pay gap
The figures released by the HMRC about the nation’s income and taxation during 2015/16, revealed some fascinating insights into the UK’s finances. But the figures also shed light on the continuing pay gap experienced between men and women. According to HMRC, 57% of all income tax payers were men in 2015/16, contributing almost three quarters (73%) of the total £178 billion income tax bill. These figures are in line with the 2014/15 statistics, suggesting there was little real shift in the gender pay gap between the two years.
What will leaving the Customs Union mean for my business?
When we leave the European Union we will also leave the EU customs union. The question we all want to know the answer to is ‘what does that mean for me?’
Why it pays to retire early
Sound financial planning is not only good for your bank account – it could actually improve your life expectancy. If you’re reading this then you probably don’t need to be convinced of the benefits of looking after your money, but here’s another reason to add to the list.
GDPR – TIPS FOR EMPLOYEES
Complying with GDPR is the responsibility of every employee so we’ve written some tips on how you can help your business stay compliant.
Are Pre-Nups Binding?
Just how binding are Pre-nuptial Agreements in the British Courts? Well a recent ruling of the High Court on a French ‘pre-nuptial agreement’ pretty much spells it out.