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Insights from the Charles James team
The EU Countries With The Longest Working Hours
A recent study published in the Independent shows the average number of hours worked in the EU by country. The average number of hours worked is 37.2, but do we in the UK work more or less?
The Budget 2015 Pensions and Tax Summary
The 2015 Budget was announced yesterday, and with lots of changes and information to take in, you may have missed some important points. Here is a roundup of some of the key announcements made by the Chancellor George Osborne regarding personal tax and pensions.
Budget 2015
Find your preferred live feed for today's budget announcements following the election of a Conservative government in May.
Do You Understand Personal Finance?
Many of us have a poor understanding of personal finance, often underestimating the cost of certain aspects of living or life events. But how can we better prepare for financial inevitabilities?
When Did We Stop Talking About Money?
Discussing personal finances has long been considered a little crude or even a taboo. We take a look at the reasons why it's good to talk when it comes to money...
Will the Crisis in Greece Affect The UK?
Greece have defaulted from payment to the IMF, but what are the consequences for the UK and the rest of Europe?
What A Cheap Will Could Cost You
While many of us put off making a will for various reasons, the perceived high costs of legal assistance is not always one of them.
Like Father Like Son
Research shows children will copy their parents' approach to finance, and with personal debt on the rise, it pays to think about the example you are setting.
Reasons You Need Insurance
This Sunday is Insurance Awareness Day, a day designed to remind us it is always wise to have a back-up plan, and so it is a good time to think about why you need insurance.
Money In Your 20s
What were your attitudes towards money when you were in your 20s? You were probably not thinking about savings and investments, or planning for your retirement.
Women To Feature On £10 And $10 Notes
Who will feature on the $10 note has not yet been decided but it is clear that for many, how our currency looks and who it represents, it as important as how it is spent.
Reasons You Have Not Made A Will
If you have not made a will you are not alone. Fifty percent of UK adults have not made a will. Here are the five most common reasons why.
Upcoming Changes to Mortgages
First time buyers have found it “virtually impossible” in recent times to purchase their own home, research suggests. While deposits and moving costs may be stumbling blocks for young people, it will come as a relief to see fees on fixed rates mortgages fall by 17%.
Pensions and The Debt Cycle
Planning for retirement is important, however it extends much further than organising the best pension you can. It has recently been revealed that a worrying number of over 55s are approaching retirement with substantial debts still outstanding, which could drastically impact the amount of pension the individual has access to.
Changes to Pension Tax Relief
With the announcement of the emergency budget on July 8th, there are expected to be many changes to a number of financial legislations. One expected change is to the way tax free allowance is structured. Pre-election, the Conservative manifesto included details about how high earners’ tax relief would be decreased in order to fund an inheritance tax allowance increase of up to £1 million.
Lowest Ever Fixed Rate Mortgages
Fixed rate mortgages are currently at the lowest rate ever seen. This means it is now possible to secure a 2 year fixed mortgage at a rate of just 1.07% and a 10 year mortgage for less than 3%.
Emergency Budget
George Osborne has set a date for an emergency budget. On July 8, key changes to financial structure and legislation will be made, as proposed in the Conservative manifesto.
How to Budget Your Money
Setting up a savings account is one thing, but regularly paying into it is another. Getting into the habit of saving money is not easy, and even though you may start the month with the best of intentions, come the end of it there may be very little to put away.
So, how can you avoid overspending and ensure you have a healthy sum to put away regularly? Budget!
Finance in The Election Aftermath...
Now we have the results from the General Election, investors’ first moves will be an indicator for how the country’s financial situation will take shape over the next term.
Here’s a summary of the key things to watch...
What Does the Election Mean for Your Finances?
With the upcoming General Election, it may be time to think about your finances ahead of changes to current policies and legislation. As we get closer to the day, it is wise to read up on what a new government will mean for your savings and investments. With a hung parliament likely, some of the smaller parties may get chance to push through some of their policies which could come as a surprise to some.