Blog - Page 7 of 16 - Solutions Wealth Management
Independent Financial Advisers
Investment market update: November 2024
On 5 November 2024, US citizens voted for their next president, and the election had a knock-on effect on investment markets and business prospects around the world. Republican Party nominee Donald Trump will serve a second term as president of the US. Trump has previously spoken about imposing harsh import tariffs, including a tariff of […]
How to turn your child’s Christmas gifts into a nest egg
Christmas is a magical time of year, especially for young children who will be eager to see what Santa has left them under the tree. Along with their gifts, your child may receive money that could be put towards long-term goals and milestones. It’s likely not just you who will be buying presents for your […]
5 practical ways you could keep your child’s retirement on track
Longer lives and financial pressure mean many people believe that retiring in their 60s will become a thing of the past. So, if you want to ensure your child or grandchild can enjoy financial security later in life, how could you help them? Read on to find out. Two-thirds of Brits believe retiring in your […]
The key Autumn Budget takeaways business owners should be aware of
As a business owner, the Autumn Budget delivered at the end of October 2024 could affect both your business and personal finances. Read on to discover the key changes you need to be aware of. 2 Budget tax changes that could affect your business’s finances The good news is that despite speculation that Corporation Tax […]
3 insightful reasons why setting goals may reduce financial bias
Subconscious bias can affect your financial decisions. They might mean you make decisions that aren’t right for you. Setting a goal could help reduce the effect bias has. Read on to discover three reasons why. Cognitive bias is an error in cognition that can happen if your personal beliefs or experiences affect a decision you’re […]
3 simple questions that may help you update your life goals for 2025
As 2025 draws nearer, now is the perfect time to think about your aspirations for the year ahead and beyond. Read on to discover some simple questions that may help you assess if your life goals have changed. Last month, you read about 10 financial tasks to complete to get your finances on track for […]
2 key Budget announcements that may affect your financial plan
Chancellor Rachel Reeves delivered the new Labour government’s first Budget on 30 October 2024. Amid the announcements were key changes to Capital Gains Tax (CGT) and Inheritance Tax (IHT) that could affect your financial plan. Ahead of the Budget, prime minister Keir Starmer said it would be “painful” as there was a £22 billion black […]
Investment market update: October 2024
While inflation is stabilising in many major economies, markets continue to experience some volatility, which may have affected your investment portfolio. According to the latest International Monetary Fund’s Global Financial Stability Report, markets could be underestimating the risks of conflicts and upcoming elections. Indeed, the rising price of gold suggests some investors are seeking a […]
Proposed tax changes could lead to your private school bill jumping 20%
If your child or grandchild attends private school, you might need to adjust your short- and long-term finances as costs could jump by around 20% if Labour moves ahead with plans to end VAT exemption. According to the House of Lords Library, around 6–7% of children in the UK are educated in independent schools – […]
Are your loved ones relying on an inheritance to reach life goals?
Research suggests that a worrying number of families are putting off major life decisions until they receive an expected inheritance. It could place their long-term finances at risk, but talking to your loved ones may identify ways you could offer support. According to a Canada Life survey, more than 1 in 5 UK adults who […]