Monthly Archives

November 2022

What are “stealth taxes”?

By | Tax Planning | No Comments

Most of us recognise “traditional” taxes such as income tax or National Insurance (NI). What is less obvious, however, is how wealth (and monthly finances) can be eroded by “stealth taxes” operating in the background, often unnoticed. Below, our Padiham-based financial planners at Elmfield Financial Planning explain…

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How is inflation affecting pensions?

By | Pensions | No Comments

The rising cost of living (inflation) is having a big impact on household incomes in 2022. This includes pensioners, whose income might not currently stretch as far as it did last year when the UK’s inflation rate stood closer to the Bank of England’s target (2%). Yet how, exactly, is inflation affecting pensions…

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Lost pensions or savings? How to track them down

By | Pensions | No Comments

With 93% of adults in Great Britain reporting a rise in their living costs in 2022, it is a good time to explore ideas to boost your finances. Is it possible, for instance, that you are one of the 22m people with “unclaimed money” sitting in dormant accounts or “lost” pensions? In this article, our Burnley financial planners…

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