Monthly Archives

March 2021

March 2021 Budget & preparing your financial plan

By | Financial Planning

The March 2021 Budget took many people by surprise. Several pundits had expected a sweep of tax rises to help pay down the public debt caused by COVID-19 (e.g. rises in fuel duty and Capital Gains Tax). Yet the only clear tax rise concerns Corporation Tax, which we will examine in more detail below. Although it may appear that little has changed in this Budget, there are still important aspects to consider for your financial planning in 2021. We address some of the highlights below.

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How to make the most of the state pension

By | Pensions, Retirement Planning

If someone offered you an investment opportunity with “guaranteed, high returns”, you would be right to question their claim. Whether it’s bonds, stocks or property – all investing has an element of risk. Yet perhaps there is one “investment” which gets fairly close to being an exception. The UK state pension offers individuals a lifetime income in retirement, rising in line with inflation via the “triple lock” system. You do not need to worry about your state pension income falling due to a crash in the stock markets, or the rising cost of living eroding its spending power. Of course, government policy could change the state pension rules down the line – a distinct possibility, but highly unlikely to become a reality any time soon.

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Ethical investments in 2021: the outlook

By | Investment Planning

The UK has committed to a zero-carbon target by 2050, aiming for a 68% reduction by 2030 (compared to 1990 levels) in the shorter term. Newly-elected U.S. President Joe Biden has also committed to the same target for the USA. Within the investment world, moreover, large asset management firms are trying to meet growing investor demand for environmentally-friendly funds and investment opportunities. In light of the above, what is the current landscape like for ethical investments in 2021? What kind of prospects lie ahead for those looking to increase the “ESG profile” of their portfolio (environmental, social and governance)?

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