According to one study, around two-thirds of UK parents have helped their children with a mortgage deposit, averaging at £32,440. Nearly a quarter say that, without their financial help, their children would never have made it onto the housing ladder. A third of parents also provide ongoing support with rent…
A financial plan is not just useful to households, but also for businesses (of all sizes). 2023 may be a challenging year for some business owners, especially with inflation now running at 11.1% and with warnings of a recession. Below, our Burnley financial planners offer five ideas to help business owners…
It might feel strange to talk about giving during a cost of living crisis in 2023. After all, wouldn’t your money be best spent on keeping your household afloat? Yet giving has many benefits. Not only is it a moral act in itself, but it forms part of our human nature and gives a sense of purpose and belonging…
What would happen to you (and your wealth) if you could no longer make independent choices? Power of attorney is designed to account for this scenario. As a legal document, it stipulates the conditions under which a trusted person acts on your behalf if, for instance, you lose “mental capacity”…
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