A typical household in the UK spends about £2,460 in a month. But, in the run-up to festivals such as Christmas and Hanukkah, our habits change. Households spend on average about £713 more in December, which is 29% more than in a typical month. The cost of Christmas has risen significantly over the years, often…
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There’s good news on the horizon for savers. From 1 December 2025, the Financial Services Compensation Scheme (FSCS) will be increasing the amount of protection available on bank and building society deposits. This update follows confirmation from the Prudential Regulation Authority (PRA) and comes after months of consultation (and a fair bit of speculation). Increasing…
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A growing number of UK adults are relying on future inheritances to remain financially stable, even as probate disputes rise sharply and delays in estate planning put legacies at risk. New research from probate lenders Level Group reveals that one in three UK adults – equivalent to 18.4 million people – are now financially dependent…
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A few years ago, I decided that it was an appropriate time to put my money where my mouth was and to start my own personal budget. The idea did not fill me with joy nor optimism; a feeling shared by most of my clients when I first suggest the idea. Like most people, I feared…
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I was speaking with Martin Cockx, our partner at Life After Law, who we featured in last month’s Wealth Management Update. We were talking about what makes you actually take action in life. Martin’s journey included a great improvement in his fitness, so we got talking about what is most evocative. Which is where the subject of…
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As people live ever longer, the conundrum of working out how to make ends meet in retirement becomes ever more complex. Especially for those that live in valuable property and who have no children to pass their assets on to. In France, they have the option of ‘Viager’ agreements – a real estate agreement where…
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We were fortunate to get tickets to An Evening with Barack Obama – his only UK event – at the O2 in London a few weeks ago. So, what was it like to be in the presence of a truly Presidential individual – who is a complete contrast to the current incumbent? Well, firstly, we…
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Foresight is fortunate to be based in the beautiful village of Hale, near Altrincham, in Cheshire, and a recent survey by solicitors Irwin Mitchell suggests that local residents – or more accurately, former residents, are among the highest Inheritance Tax (IHT) payers in the UK. Inheritance Tax always comes at the top of the most…
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At Foresight, we’re proud to celebrate the achievements of our team and this year, Ben Dyson has certainly given us something to celebrate. Ben has been recognised as the United Kingdom’s Wills and Trusts Adviser of the Year for both 2023 and 2024 in the prestigious Finance Monthly Global Awards. Being honoured once is an…
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Entrepreneur noun 1. A person who sets up a business or businesses, taking on financial risks in the hope of profit. Starting a business is often the ultimate dream—breaking free from the constraints of employment, taking control, and building something your own. But what truly drives an entrepreneur? The Motivation to Succeed Entrepreneurs come from…
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