Did you know: that only about 35% of UK adults have life insurance, despite its importance in providing for their families?
There are two main reasons that people take out life insurance cover – but many should be considering it for other purposes.
More investors looking at benefits of EIS and VCT investing
A growing number of investors are seeking ways to invest tax-efficiently in places other than their pensions and ISAs, usually because they have already fully used their ISA allowances, and significant pension contributions have compounded over the years.
The additional benefits of EIS and VCT investing
A growing number of investors are seeking ways to invest tax-efficiently other than through their pensions and Individual Savings Accounts (ISA). The reason being that those investors have fully used their ISA allowances and have significant pension contributions have compounded over the years. Pensions have a tax-efficient lifetime allowance, above which clients question why they should keep adding if they are going to get taxed later at a higher rate!
Did you know: that if you start saving at 40, you’ll need to save a considerable amount more than if you started at 20, to achieve the same retirement goals?
When should you start saving for your retirement?
Don’t panic! No need for knee-jerk reactions to Budget pensions IHT announcement
Pension-holders should avoid any knee-jerk reactions to the Budget announcement that pensions will fall under inheritance tax from 2027.
Did you know: that only about 12% of UK adults have Critical Illness insurance and yet statistically, 1 in 3 of us are likely to suffer a serious condition?
If you become seriously ill, the very last thing you want are financial worries.
Did you know: that based on historical data, if you held a portfolio of stocks and shares for one year, there is a 68% chance of making money? But, if you held them for 20 years, you increase your chances to 100%.
People tend to believe that the short-term volatility of the stock market makes it a risky investment, but here is an important fact:
Did you know: that investing in stocks and shares can produce higher returns than cash in 90% of cases?
In the 30 years between 1992 and 2022, the FTSE 100 outperformed the returns on cash investments by more than 4% annually – if you compound that growth, it amounts to a very significantly higher return over the long-term.