Many people know the importance of making a Will but, whilst a Will directs how your affairs are to be handled following deat

The continuous rise in the State Pension age is having a significant impact on people having to work longer.

inflation reached its lowest rate since 2016, falling to 1.7% in August, which suggests that interest rates are unlikely to rise in the near future. This is lower than the expected rate of 1.9% and the Bank of England’s 2% target.

What is a Trust? A Trust is a legal structure that can manage all forms of assets for people.

With the pension reforms, accessing benefits flexibly has been one method that retirees are using to assist their children, although careful consideration should be given to ensure you have sufficient assets remaining for your own needs, especially if long term care could be an issue in the future. This method could also give rise to a tax liability depending on the amount withdrawn.