Lifetime cashflow forecasting is a core part of financial planning that could help you understand how your future may look. It could provide essential information that means you’re able to feel confident about what’s to come and the decisions you make. Read on to find out how it works and why it might be valuable for you. Lifetime cashflow forecasting uses your financial information and plans to make an informed guess about how your wealth will change over time. It can then use this information to create graphs and more so you’re able to visualise how the value of your estate and individual assets might change based on the decisions you make. To start, you’ll need to input details about... Read More

The end of the year is fast approaching, and while your mind might be on celebrating the festive period, it’s the perfect opportunity to tick off some financial tasks you might be putting off. Spending some time going through your finances and thinking about what you want to achieve next year could help you step into 2025 feeling confident about your future. So, here are 10 jobs you could complete before the end of the year. 1. Check the interest rate your savings are earning You’ve no doubt heard a lot about interest rates rising over the last year. If you’ve got money in a savings account, it could mean your savings have a chance to work harder and deliver... Read More

Almost four months after Labour won the general election, chancellor Rachel Reeves has delivered her 2024 Autumn Budget, outlining the government’s plans for this tax year and beyond. Arguing that the July general election had given Labour a “mandate to restore stability and start a decade of renewal”, Reeves described it as “a Budget to fix the foundations and deliver change”. Against a backdrop of a manifesto pledge not to increase Income Tax, employee National Insurance, or VAT, Reeves also announced that her Budget would raise taxes by £40 billion, stating that any other chancellor would “face the same reality”. Read on for a summary of some of the key measures and announcements from this year’s Autumn Budget – the... Read More

Did you know that top athletes are coached on their “sixth sense” as part of their training? Proprioception is your body’s sense of where it is in space. It’s what allows footballers to score a goal without looking down at the ball or gymnasts to orient themselves in the air while somersaulting, but it’s also what allows us to open a door without using too much force and walk on uneven ground. Read on to learn more about proprioception and discover how improving your “sixth sense” could benefit you. What is “proprioception”? As technology has advanced in recent years, scientists have been able to learn more about the proprioceptive sense and how it affects our daily lives. MRI studies found... Read More

What’s stopping you from retiring sooner? For many, it’s not just finances that are holding them back but their mindset too. If the excitement of retiring is also mixed with nerves, a financial plan could give you the confidence boost you need to take a step back from work. Finances may play a role in the hesitancy to retire for some people. Yet, others are in a financial position to retire but are still worried about taking that next step. It’s easy to see why you might not want to plunge straight into retirement – it could represent a huge lifestyle change. So, how could financial planning help you retire sooner? It may provide the confidence boost you need to... Read More