by Mary Waring | May 21, 2013 | Financial Planning, Savings/investments
Having money in your bank deposit account is safe…or is it? All UK financial institutions with a banking licence are covered by the Financial Services Compensation Scheme (FSCS), which is designed to protect your deposit if the bank were to become insolvent. The...
by Mary Waring | Apr 25, 2013 | Savings/investments, Tax
What happens if after you’ve had your ISA for a period of time you notice the underlying investments are not performing? You’re happy with the tax breaks you’ve received but decide the investment is no longer meeting your needs. Or maybe you simply...
by Mary Waring | Apr 20, 2013 | Financial Planning, Savings/investments
Does it sound familiar that no matter how much income you earn in a month it all seems to be gone by the end. You promise yourself that when you get a pay rise, or when you land that big contract, then you will start saving. But actually, you do get a pay rise, you...
by Mary Waring | Apr 19, 2013 | Financial Planning, Savings/investments
What if I were to ask you “how comfortable do you feel that you’ve got enough money to do what you’d like to do? I’m wondering how confidently you’d be able to answer this question. My guess is that most people really aren’t sure how much they need. And...
by Mary Waring | Apr 18, 2013 | Financial Planning, Savings/investments
Once a financial plan has been put in place it’s tempting to believe the paperwork can be tucked away in a drawer and forgotten about, never to be looked at again. However, your plan needs to be reviewed on a regular basis to ensure you are on track to meet your...
by Mary Waring | Apr 17, 2013 | Financial Planning, Jargon Buster, Savings/investments
What is an ISA? ISA stands for Individual Savings Account. In an effort to get us all saving as much as possible the government gives tax advantages when saving into an ISA. There are limits set each year as to what amount you can save in an ISA and receive tax...