Has your child got £1,000 stashed away you don’t know about?

The idea of your child having £1,000 stashed away that you don’t know about might seem a little farfetched, but it may well be the case for to 700,000 parents in the UK. It isn’t as suspicious as it sounds however; your little angel hasn’t been hoarding cash under the floorboards. Well, they might be, but that’s another matter entirely. Instead, the money will be sitting in a Child Trust Fund that may have been opened by the Government without your knowledge. How has this happened? The last Labour Government announced the Child ...

How should you use the new lifetime ISA?

They say that an ISA is for life, not just for Christmas. Or is that a dog? Regardless, that’s the case for the new Lifetime ISA. The Lifetime ISA (shortened to LISA in this article for your own sanity) will be launched on the 6th of April 2017. It is a saving scheme that will be partially funded by the Government, and this article will delve deep into exactly how it can be used: First house purchase? Retirement? Both? So, who or what exactly is LISA? The LISA is the latest addition to the ...

Why have stock markets bounced since the Brexit vote?

The referendum of 23rd June 2016, that began the UK’s journey out of Europe, delivered a seismic shock not just to the UK stock market, but to markets around the world. However, after some frightening rumblings, the economic landslide never happened. There was a marked initial dip, but since then the UK stock market has surged ahead. Why has this happened, and is it all good news? Hours after British citizens voted to ditch the European Union, global stocks took a historic two-day tumble. But not only did they soon stabilise, they have ...

10 tips to avoid being scammed

Scam Computer Keys Showing Swindles And FraudLargely thanks to a campaign led by financial advisers, the dangers of financial scams have been big news over the past few weeks. We are delighted that the government is finally acting to ban cold calling in respect of pensions. But, with a cold call made every eight seconds, millions of people are still at risk of being caught by the scammers. We thought therefore, it was worth reminding you of our top tips to help you avoid being scammed. Tip #1: Never respond to a cold ...