Pension Lump Sum Mortgage Dilemma
Should You Use Your Pension Lump Sum to Pay Off Your Mortgage?Key Considerations and Pitfalls With interest rates on the rise, we consider the pension lump sum mortgage dilemma. Using your pension’s tax-free lump sum to pay off your mortgage may seem like a smart financial move. Reducing monthly expenses as you approach retirement can […]
How could the budget impact you?
The Impact of the Upcoming Budget: What Could it Mean for Individuals? As the government prepares to unveil its next budget, the nation is eagerly anticipating potential changes that could significantly affect individual spending, savings, and investments. Budgetary adjustments often come with changes in tax legislation, which have a direct impact on people’s disposable income, […]
How much do I need to save for retirement?
Ensure your money works effectively to enjoy retirement on your own terms. With pensions awareness this week the focus is on how you can achieve the lifestyle you want in later life. How you invest in your 50’s could significantly impact your quality of life in retirement. While there is still time to increase your […]
Rich or Wealthy
When it comes to your finances and your lifestyle would you choose to be rich or wealthy? We consider the difference between the two definitions and how it can impact your approach to your finances and the way you choose to live your life. The concepts of being rich and being wealthy are often misunderstood. […]
Financial Protection
Ensuring a secure future for you and your loved ones with financial protection. Nobody wants to consider what would happen if they became too ill to support their family financially. Financial protection is essential to creating peace of mind for your loved ones. However understanding what cover you may need can be confusing. Importance of […]
What does life under Labour mean for you?
With the expected Labour Party victory realised and the evolving economic landscape, financial planning has become more crucial than ever. So, what does life under Labour mean for you? Many of you may now be wondering how this will impact you? We are here to provide you with guidance and reassurance during these uncertain times. […]
Mortgages, what do you need to know?
Is your fixed mortgage coming to an end? Are you looking to buy for the first time or move house? Maybe you want to help your children start their home ownership journey? So what do you need to know about Mortgages? Whatever your situation it’s important to get the best advice and HSC Financial Advisers […]
Managing your finances as a couple
Discussing finances may feel uncomfortable, but it is crucial to maintain a healthy relationship Transparency is the foundation of any strong relationship. This holds true regarding financial matters. It is easy to fall into the trap of assuming that you and your partner have similar financial habits and attitudes. Stay on track and work together […]
Age is not just a number
The impact of an increased lifespan on your retirement finances
ISA Allowance for 2023/24 is expiring
Time is running out to use your 2023/24 ISA allowance Investing in an Individual Savings Account (ISA) is a tax-efficient, flexible method for future planning. One of the most attractive features of an ISA is its tax benefits. It’s immune to both Income Tax and Capital Gains Tax on any growth within the fund or […]