magazine archive


magazine archive

Money Matters

Six ways to teach your children about money

Thursday 06 Aug 2020

With the summer holidays now in full swing, many parents will be wondering how to keep their kids entertained over the coming weeks. Finance lessons may not be the first thing that pops to mind but new research has found that kids enjoy learning about money when its mixed with games, jokes and real...

How do I use my pension in retirement?

Thursday 30 Jul 2020

People spend most of their lifetime with their savings goals focused on building up their pension pots, but what about when it comes to drawing down that money in retirement? What changes do you need to make to your investment strategy and how do you manage the withdrawals? After 30, 40 or even 50...

How to beat the potential capital gains tax hike

Thursday 23 Jul 2020

Chancellor Rishi Sunak has signalled he is looking to shake up how capital gains tax ( CGT ) is paid, which could leave taxpayers with a higher tax bill. Sunak has asked the Office for Tax Simplification to look at how CGT is structured, whether the tax can be simplified and if more help can be...

Doing the maths on the temporary stamp duty relief

Thursday 16 Jul 2020

Homebuyers will face far lower stamp duty bills for the next nine months after the Government vastly reduced the cost of the tax. The mini-Budget from Chancellor Rishi Sunak revealed that a temporary stamp duty relief would be implemented immediately, running to 31 March 2021. Currently no-one pays...

The funds which have seen the biggest outflows in 2020 so far

Thursday 09 Jul 2020

The volatile markets this year have sent some investors running to cash, while others have switched to relative safe havens, such as bonds or gold. As we’ve now reached the six-month mark in the year it is a good time to look at the individual funds which have seen the largest outflows during this...

Drop in investment ISA demand but more women are saving than men

Thursday 02 Jul 2020

The latest ISA data from the Government, covering usage in the 2018/19 tax year, shows that the worries about the Brexit vote and whether we’d have a hard Brexit hit investors and fewer chose to save their money in an investment ISA. The Government figures show 450,000 fewer people subscribed to...

How much does it cost to buy overseas shares?

Thursday 25 Jun 2020

As the world has become more international more investors want to buy shares listed on overseas stock markets, particularly in the US. The likes of Amazon, Google, Apple and Facebook are all listed in the US, as are emerging innovative companies such as Uber, Tesla and Spotify. However, while it’s...

Coronavirus causes spike in scams – how to stay aware

Thursday 18 Jun 2020

The Covid-19 crisis is creating a surge in fraud reports, as scammers target vulnerable people who have lost their income in the past few months. Action Fraud, the police department that deals with fraud, has seen 2,151 reports of fraud from the start of February this year to the start of June –...

The impact of Covid-19 on the property market

Thursday 11 Jun 2020

The coronavirus crisis has had an unprecedented impact on the UK property market, as viewings and sales ground to a halt and the market stalled during lockdown. Activity is now starting to resume, but at a slow pace and with a number of big changes that househunters and sellers will have to adapt...

Maxed out your pension and ISA? Where next…

Thursday 04 Jun 2020

Most people can put up to £60,000 a year into their ISA and pension combined. But some people might find they exceed this limit and want to know where to invest next, while others may have lower limits and so be able to put away less each year. What are the limits? Those aged 18 or over can put £20...

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