If you’ve never heard of negative interest rates before, you’re not alone. For many years, such an idea has remained exactly that amongst economists – an idea which could work in theory, but perhaps not in practice (similar to how scientists typically regard faster-than-light travel). Yet the idea of negative interest rates has recently been tried by economies such as Sweden, Japan and even the European Central Bank (ECB)…
In 2020, financial protection has increasingly gained public attention in the wake of coronavirus. Many people are understandably worried about their health, jobs and income – wanting to make sure their loved ones have access to maximum financial stability should the worst happen. Life insurance is particularly important in this respect – providing a much-needed lump sum to your surviving family members…
Financial advisers. IFAs. Financial planners. Investment advisers. Pension transfer specialists. For the uninitiated, labels like these may appear synonymous and unimportant. Yet there are key differences which do matter – especially if you find yourself needing help understanding and making decisions involving complex matters of wealth and personal finance.
Self-employed workers form an important part of the UK economy. In December 2019, about 5m people were registered as self-employed in the UK – up from 3.2m in 2000. Overall, this makes up about 15.3% of the country’s workforce – with freelancers alone contributing £300bn a year to the economy. Yet despite their contribution self-employed people…
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