Now the dust is settling after the first Labour Budget in 14 years, we consider the headlines and how these may affect clients in the future….

Now that you’ve packed your young adults off to University and they’ve survived the trials of Freshers’ Week, it’s important to ensure they’re prepared for other challenges University will bring – finances! The following is a handy guide designed to enable them to survive the next three or four years financially:

In this report, we have updated our figures to set out what we believe to be the most competitive rates on the various types of personal deposit accounts available at the moment. These accounts are also protected by the Financial Services Compensation Scheme (FSCS) where if a provider fails, the FSCS will pay out an amount of £85,000 per person, or £170,000 for a joint account.

If the account is with NS&I, who is backed by HM Treasury, your full balance is protected. While the rates with NS&I are no longer market leading, this feature is still particularly useful when looking to place large sums, for example, following the sale of a property. The rates quoted may be subject to change and should be checked with the relevant provider before applying.

At Broadway Financial Planning (BFP), we believe that planning for retirement is one of the most critical financial decisions you will ever make. To ensure that your retirement years are as comfortable and secure as possible, it's essential to have a clear and detailed understanding of your financial future. One of the most effective tools we use to achieve this is cash flow modelling. In this article we explain why it should be a cornerstone of your retirement planning strategy