Wealth knowledge, November 2020
UK economic recovery slows to 2.1% in August. The UK’s economic recovery following sharp declines caused by the coronavirus lockdown continued to slow in August 2020, official figures show.
Options for funding long-term care
Building your savings for later life care. Paying for long-term care is not cheap, and the burden first falls on private individuals.
Ros Altman – the former pension’s minister – described the nation as “sleepwalking into a social care crisis”, and already the costs borne privately are staggering.
Long-term saving options for children
For wealthy parents and grandparents who want to financially assist younger generations, building a nest egg on their behalf can go a long way.
Protection policies to consider
In the last few years we’ve seen a huge amount of political upheaval, along with several high-profile business failures and accompanying job losses.
Financial planning for sole traders
Being your own boss continues to appeal, with 3.5 million sole trader businesses registered in the UK at the start of 2019.