The pandemic has been a very difficult time for everyone, and one of the fallouts is going to be an increased divorce rate as many people re-evaluate their lives. Even Bill Gates, once the world’s richest man, said that he and his wife Melinda were not going to be able to grow old together. Indeed,…
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It is a sombre thought to think about what happens to your family once you are gone, or what happens should your spouse pass away prematurely. However, with increasing life expectancy, many more are shunning widowhood and are instead searching for a new partner with which to enjoy a later-life romance. Marriage rates for over-65s…
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You might have read in the news a couple of weeks ago that between 800 and 1,500 businesses around the world were affected by a ransomware attack centred on US IT firm Kaseya, a company that provides software tools to IT outsourcing shops. The most notable disruption occurred in Sweden, where hundreds of Co-Op supermarkets had…
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Retirement might mean stopping the 9-to-5, but it does not have to mean giving up on work these days. With many people gaining the taste for flexible working during the pandemic, the freedom to work how and when you like suits those who may have caring responsibilities or even health issues, whilst giving those considering…
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“I’ll do them when I am older.” If I had a pound for every time that I had heard that phrase when asking about Wills, then I would be significantly more wealthy. Unfortunately, as we all know, there are only 2 certainties in life – and suddenly taxes seem the more appealing. As the pandemic…
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A year has passed since the World Health Organisation (WHO) declared COVID-19 a pandemic. In the year since, tremendous effort has been expended to stop the spread of the virus, and protect people and economies. Whereas this time last year, equity markets were falling sharply, and corporate bond spreads were widening dramatically, many equity indices…
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Some people dream about retirement, others plan assiduously for it, and for others, it just comes along. Retirement means many things for different people but knowing when you can afford to go depends on your number – the level of assets that you need to be certain that you do not need to return to…
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We are delighted to welcome Freddie Barton as the newest member of the Foresight team. He will be coming on board as a Trainee Client Manager, to help with the ever-increasing workload at Foresight. Freddie has previously worked at another practice as a Trainee Paraplanner and therefore already has a good understanding of what the…
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By the time you reach your 60s, you should already have covered the basics of financial planning: ISAs, Pensions, Wills and even Trust planning. So, what are the next steps as you move towards the end of your working life and into retirement? For many people, actioning their financial plan can be a mentally difficult…
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Individual Savings Accounts (ISAs) offer the opportunity to invest up to £20,000 annually. ISAs are a tax-efficient way of investing, with no liability to either Income Tax or Capital Gains Tax on the invested funds. Unlike pension allowances, the ISA allowance cannot be reclaimed from previous years. Therefore, if you are intending to utilise this…
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