What is retirement planning and why should you choose Worldwide Financial Planning?
WHAT is retirement planning? Let’s deal with this first and foremost. Retirement planning is very simply you taking control of your finances and preparing for a steady stream of money being available for you after retirement. It entails you putting funds aside, but, in order to get there, there are things you need to ask […]
The long term impact of inflation: what it can do to your money
YOU will all have seen the rise in inflation and what that has meant for the potential for interest rate rises. The impact of inflation is hitting savers the most right now. With inflation running at 5.1 per cent and some of the best fixed rate savings at just over 2 per cent, the average saver […]
Avoid Christmas scams – don’t get tricked by these people!
THE financial scammers are on the loose again, so, to make this Christmas as relaxed as possible, be sure to look out for the newest scams and those who are most vulnerable. First things first, successful scammers/pickpockets do not wear a t-shirt stating they are what they are. Those who are successful are so because […]
Buy Local – Look after your local economy
BUY Local – it’s that simple. I had the great fortune of being in two shops last week – something I do once in a blue moon. Two learning points – those who work in superstores and listen to that music must be made of steel. Local service is everything and it’s vital for society […]
Here’s wishing you a financially healthy Christmas
HAVE yourselves a financially healthy Christmas. I am sure many of the organised are deep into Christmas shopping and others not so, as they desperately think what to buy to make that moment special. The danger, of course, is that we throw money at it, hoping that the spend will impress, only to feel the […]
Don’t procrastinate when it comes to financial planning
THIRTY-four years ago, I sat next to a man who would become my father-in-law. As the clock ticked gently and hypnotically behind me, it was a great chat with a wise man who said little. What he did say had value, but of most note was a piece of paper he had above his piano keyboard […]
More easy inheritance tax tips
FOLLOWING on from my two recent columns on inheritance tax, I have a couple more useful tips from your questions that you might find useful. I used to park for free on the street, at the hospital; there was no tax on my insurance premiums; the NHS provided me with care when I needed it. I […]
What is a loan trust for inheritance tax?
I COVERED inheritance tax two weeks ago but took a break for a self-indulgent rant about COP26 last week. In between times I’ve had a few more inheritance tax queries – one of which was how to freeze the value of an estate to stop an inheritance tax problem becoming worse as stock markets and house prices soar. […]
COP26 and the positive impact of sustainable investment
HERE we are thick in the middle of COP26. Social media has its eyes firmly fixed on all the planes and cars being flown in to talk about climate change. Greenwashing is still abundant and you can see why many become apathetic to it all. Without clear leadership and direction, which is congruent with the […]
Discounting your inheritance tax estate
TAX is a funny thing. Most of us are content paying our way, only if it is used wisely at the other side. I won’t open that can of worms here. Inheritance tax is one tax many of us feel to be unfair. Having paid income tax through the years, plus countless further taxes (insurance […]
Stagflation and your buying power
THAT old inflation thing again. It has fully reared its ugly ‘heads’ on numerous occasions and now we have talk of stagflation – when prices rise but growth slows. Trust me, it’s not a good idea, the consequences of which those who experienced the 70s will remember. Inflation is well worth understanding because of the […]
“We are all human beings and we need to care for each other”
Seven years ago, Peter McGahan and Stephane Delourme returned to Cornwall having completed seven marathons, in five months, covering 2,500 miles and 2.1million steps raising £30,000. We look back at how this mammoth fundraising challenge helped Cornish charities build on their work helping the most vulnerable in society.