Establishing a trust or a foundation is a useful way to manage your wealth, protect your assets and take control of your succession planning. However, they often come with an element of confusion, leading to the same questions being asked. So, what is a trust? And how does it differ from a foundation? What are […]
Any parent will tell you that the moment you hold your little one in your arms, your priorities change. Having a baby is one of life’s most beautiful and joyous occasions, but it is also one of the most life-changing events with a substantial price-tag attached. Research shows that your little bundle of joy will […]
The stock market is beginning to show signs of life as measures introduced to help businesses amid the pandemic begin to take hold, but much is still uncertain. There’s no doubt that the pandemic has affected most people’s finances. From the Bank of England’s decision to reduce its rates, to the potential loss of earnings […]
The pandemic is having an impact on divorce rates, with lockdown causing a spike in the number of couples filing for divorce. According to recent figures from Co-op Legal Services, there has been a 42% rise in divorce inquiries between 23 March and mid-May, compared with the same period in 2019. Based on the latest […]
Rising house prices, poor wage growth and the increasing cost of education means younger generations face an uphill battle when it comes to their finances. Research shows that millennials are set to receive more money from relatives than ever before, and financial help from grandparents can make a real difference to younger people’s lives. “Grandparents […]
Retirement planning is one of the most important financial goals, and the stakes couldn’t be higher. For a successful and secure retirement, Granville Turner, Director at Company Formation Specialists, Turner Little, shares his five retirement planning mistakes to avoid: Don’t underestimate the value of a clear plan: Whilst retirement doesn’t necessarily mean stopping work completely, […]
Many Brits have found that lockdown has been beneficial for their money, having cut back on personal spending and managing to put away some extra cash. According to eToro, Brits with unspent discretionary income are set to accumulate £75.5bn in savings in just three months. Restrictions on movement have meant that despite the financial hardships […]
Gold has long been viewed as a safe haven asset, a tried and tested asset, a secure place for investors to put their money when other investments are volatile and a way of hedging against falls in stocks or currencies. As concerns continue to grow over the global economy, with several countries experiencing and expecting subsequent waves of the pandemic, the price of […]
Almost overnight, COVID-19 and lockdown changed the face of our economy and its legacy will be felt for decades. The coming months and years are undoubtedly going to be the most challenging in our lifetime for our economy, society and many of us individually. Unemployment, low productivity, declining competitiveness and low innovation will be hard […]
When you think of luxury property, custom architecture, attention to detail and opulent finishes come to mind. It’s no surprise high net-worth individuals who are considering acquiring luxury property, are also looking for access to luxurious activities such as high-end dining, shopping and the arts. James Turner, Director at company formation specialists, Turner Little, says: […]