Monthly Archives: September 2022

Navigating the higher-rate tax freeze

Minimising the impact on your personal finances

If you’re a higher rate taxpayer, the freeze on the Income Tax threshold will have meant an increase in your tax bill. The reason for the increase stems from the Chancellor’s decision in April 2021 to freeze the higher rate tax threshold rather than increase it in line with inflation.

Financial roadmap

Essential needs, lifestyle wants and legacy aspirations

When it comes to planning for your financial future, a roadmap can be an extremely helpful tool. By outlining your current situation and mapping out where you want to be, you can develop a clear plan of action that will help you achieve your financial goals.

Goals-based investing

Helping you to make wise financial decisions

Investors today are bombarded with an overwhelming number of choices and investment options. With so many options available, it can be difficult to determine which one is the best fit for your individual needs. This is where goals-based investing comes in.

Take control of your finances

Choosing the right investments and making better decisions overall

Investing can be a complicated and confusing process, especially for those who are new to it. There are so many different options and strategies, and it can be difficult to know where to start. One of the most important things you can do when starting out is to have a clear understanding about what you are hoping to achieve with your investments.

What do you really want from your investments?

Identifying areas where you could be saving and investing more money

It’s important to regularly review your finances in order to stay on top of your money and make sure you’re making the most of it. A personal financial review can help you identify areas where you could be saving and investing more money.

Future goals

How long you have to pursue each objective

If you’ve got a sufficient amount of money in your cash savings account – enough to cover you for between three to six months in the event of an emergency or unexpected expenditure – and you want to see your money grow over the long term, then you should consider investing some of it.

Risk tolerance

An important part of the investment decision process

There’s no single answer to the question of how much investment risk you should take on. It depends on your individual circumstances, goals and comfort level with risk. Some people are more comfortable with risk than others. Some people are willing to take on more risk in order to achieve their goals. And some people have different tolerance for different types of risk.

Asset allocation

Minimise your risk and maximise your potential return

Investment asset allocation is important because it can help you to reach your financial goals. By diversifying your investments across different asset classes, you can minimise your risk and maximise your potential return.

Behavioural patterns

Shaping the way we invest, for better or worse

Investors should keep things in perspective and not overreact to headlines. Although equities may fall more in the near term, historically market drawdowns due to past military conflicts did not last very long and were mostly buying opportunities.