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On your radar – key personal finance tips Taking the time to tune in to a few key pointers can really benefit your finances, helping you plan and manage them effectively. SAVE INTO YOUR ISA The ISA allowance for 2019-20 is £20,000. Don’t miss this opportunity to save or invest tax-efficiently. We can help you […]

Gender protection gap revealed Figures released by financial software firm IRESS highlight a substantial difference in protection sums assured across the gender divide, raising concerns that women are at far greater risk of being underinsured than their male counterparts. Stark contrast While the analysis* found no significant difference in the number of men and women […]

  UK SET TO AVOID RECESSION Better-than-expected gross domestic product (GDP) data for the latest three-month period has all but dispelled fears of a UK recession this year, although the current rate of growth does remain relatively lacklustre. Official GDP figures released by the Office for National Statistics (ONS) show that the UK economy grew […]

MAJORITY OF COMMERCIAL MORTGAGE BROKERS OPTIMISTIC ABOUT YEAR AHEAD The recently released ‘Broker Barometer’ from Shawbrook Bank has revealed that 67% of commercial mortgage brokers are feeling confident about the lending environment in 2020. Just over half of respondents (53%) stating they feel confident about business growth in the year ahead. Despite the political environment […]

Transaction volume rebound unlikely In their recent ‘Market in Minutes’ report, covering the UK commercial property market, Savills has outlined that while investment volumes have been lower in comparison with recent averages, Q3 is expected to surpass the Q2 figure of £8.9bn. At this point in the year, Savills would usually expect a bounce in […]

Understanding the value of protection Working out the difference between life insurance, critical illness, income protection and buildings and contents insurance can be difficult, especially when they are wrapped up in the blanket term ‘protection’. While it’s easy to presume there is an overlap and that an individual policy for each one isn’t necessary, they […]

CREDIT CARD DEBT AT ALL-TIME HIGH Bank of England statistics show the total amount of UK credit card debt now stands at a record £72.9 billion, as lower interest rates have driven a decade-long consumer borrowing binge. The data also confirms, however, that a slowdown in the growth in borrowing that has been evident for […]

People on an average salary who wish to retire at the age of 65 will now typically require a pension pot of almost £450,000 in order to fund their retirement until they are 100 years old, recent analysis has found1. Never too early to start saving The research also shows that an individual who starts […]

  RECESSION FEARS EASE The latest gross domestic product (GDP) statistics showed the economy grew more strongly than expected in July, significantly easing fears that the UK was on the verge of slipping into recession. Over the past month or so, a plethora of negative business surveys had raised serious concerns about the state of […]

Transaction volume rebound unlikely In their recent ‘Market in Minutes’ report, covering the UK commercial property market, Savills has outlined that while investment volumes have been lower in comparison with recent averages, Q3 is expected to surpass the Q2 figure of £8.9bn. At this point in the year, Savills would usually expect a bounce in […]