Money worries aren’t unique to those struggling to make ends meet. Anyone can experience financial stress, whether you’re a high earner, comfortably retired, or have a sizeable sum in savings. In fact, as Professional Paraplanner reports, a study of 500 UK adults worth at least £100,000 found that 81% said they regularly feel stressed or worried about money. You might be worried about balancing your own current and future needs against supporting others, such as children or elderly relatives. Or you may be concerned about what the future might hold. Whatever’s on your mind, financial stress can have a significant impact on both your mental and physical health, as well as on how you manage your finances. To mark Stress... Read More

Whether you’ve received a bonus, had an inheritance, or have money to set aside from your regular income, you may be wondering how to make the most of it. You want to grow your wealth by making your money work hard for you. But you also want to ensure you have access to the funds you’ll need and feel comfortable with the level of risk. As such, you might find yourself asking: “Should I save or invest my money?” There isn’t a simple answer to this question, especially at a time when future interest rates, inflation rates, and investment returns may seem particularly uncertain. But by weighing the pros and cons of each option and considering your personal circumstances, you... Read More

An estimated £7 trillion is expected to change hands over the next three decades, as Unbiased reports. This so-called “Great Wealth Transfer” poses a significant opportunity for the generations set to inherit from baby boomers (born 1945 – 1965) and the silent generation (born 1928 – 1945). However, without comprehensive estate planning, much of this financial opportunity could be eroded. In many cases, insufficient planning could see more of your wealth ending up in the hands of a beneficiary you wouldn’t have chosen yourself – such as HMRC or an ex-partner. Keep reading to discover five key steps to prepare your estate to be passed to the next generation. 1. Make and update your will First and foremost, having an... Read More

In the new tax year, many people in the UK could see their tax liability rise. With the tax-free Personal Allowance and Income Tax thresholds set to remain frozen until at least 2031, you could see a larger portion of your earnings subject to tax as your income rises. In some cases, you could even move into a higher tax bracket. According to figures from the Office for Budget Responsibility (OBR), by 2028/29 an additional 3 million people are expected to be paying the higher rate of Income Tax compared to 2022 levels, while 400,000 will move onto the additional rate. As a result, you may now be looking for ways to mitigate your tax bills more keenly than ever.... Read More

Just over three months after her lengthy Autumn Budget, chancellor Rachel Reeves has addressed the House of Commons and delivered the government’s 2026 Spring Statement. Ahead of the Statement, Reeves reinforced the government’s commitment to “one fiscal event, one Budget, a year”. So, it will come as a relief to many, including business owners, that the Spring Statement included no additional tax-raising measures. Furthermore, no changes to pensions or Individual Savings Accounts (ISAs) were announced. Reeves also said that household disposable income is set to grow at twice the rate that was forecast in the Autumn Budget – leaving the average person £1,000 better off each year by the next election. That being said, previous announcements, including changes to the... Read More