For many of us, retirement is more than just the end of long workdays – it’s the start of an exciting new chapter. It’s a time to finally concentrate on what truly brings us joy, whether that’s travelling, spending quality time with loved ones, pursuing hobbies or simply relishing the freedom to set our own…
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Investing is essential for those looking to grow their wealth over time. Cash alone seldom keeps pace with inflation, as the interest it generates is usually too low to preserve its purchasing power. For beginners or those adopting a DIY approach to investing, recognising common mistakes can help protect them from potential financial pitfalls. From…
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New research reveals a concerning trend among those approaching retirement[1]. One in five individuals (21%) who accessed a cash lump sum from their pension pot did so as soon as they reached 55, often without fully comprehending the potential long-term consequences. While some utilised the funds to meet immediate financial needs, others withdrew their savings…
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In mid-March 2024, the then Shadow Chancellor, Rachel Reeves gave the Mais lecture to the good and the great of the City. In it she set out her broad fiscal framework, including goals to: • Balance the current budget, i.e. match day-to-day government expenditure with revenues; and • Have a single fiscal event (i.e. Budget)…
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Thorntons Investments are once again holding their annual charity quiz, inviting all our colleagues and connections in the Dundee area to come along on Tuesday 20th May, 8pm at The Fort Hotel in Broughty Ferry. Full details can be found here: Charity Quiz Night. If you’re a regular quizzer, or just fancy helping raise money…
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When planning for retirement, utilising a pension is one of the most effective ways to secure your financial future. The generous tax relief offered on pension contributions makes options like SIPPs (Self-Invested Personal Pensions) particularly advantageous. Understanding how they work, if appropriate, can help you maximise your retirement investments. What Is a SIPP? A SIPP,…
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We’re thrilled to unveil the latest addition to our website: a dedicated resource on long-term care planning. From practical guidance on finding care to understanding the importance of a power of attorney, and even tackling common misconceptions, we’ve created a space to help you navigate this crucial aspect of financial planning. Check it out and…
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After more than three decades of providing expert financial advice, Andrew Hannay has retired. A retirement celebration was held at our Melville Street, Edinburgh office with colleagues, clients, family and friends. Throughout his career, Andrew has guided countless individuals and businesses through their financial planning, often building lifelong relationships with clients who have become friends…
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Many of us eagerly await the day we can step away from work for good, envisioning a time filled with freedom and the opportunity to focus on what truly brings us joy. The dream of retirement offers a deeply personal vision – whether that’s adventure, relaxation or simply a slower pace of life. However, while…
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Are you considering delaying your next investment until the market drops? It’s a common notion, particularly among new or even experienced investors. The strategy of ‘timing the market’ – buying stocks when their value is low and selling them when high – may sound like the perfect plan. But even the most successful fund managers…
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