Global events continue to make headlines and spark debate among investors. From intense political exchanges in the US to displays of European unity overcoming post-Brexit tensions, and the latest tariffs introduced by the US, there is no shortage of geopolitical drama. Furthermore, the ongoing Russia-Ukraine conflict and the escalating Israel-Palestine tensions have further increased global…
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Last week Emily Loudon chaired the Careers in Finance Panel at University of Edinburgh Business School, held in partnership with The Chartered Institute for Securities & Investment (The CISI). The event brought together professionals from a range of roles across the finance sector to share experiences and practical advice. The key messages that came out…
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Pensions are a crucial component of financial planning, particularly for individuals seeking to secure a comfortable retirement. For some, increasing pension contributions can be a strategic move to make up for missed savings or to maximise tax-efficient benefits. However, understanding the rules around contributions requires careful consideration to avoid potential pitfalls. Large contributions can assist…
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A UK trust is a legal arrangement in which one party holds and manages assets on behalf of another party, in accordance with the terms set by the trust’s creator. They often serve as a safeguard for wealth, ensuring that assets are passed on to the next generation according to specific wishes. Trusts are essential…
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Well done to our team at Thorntons Wealth – Phil, Sara and Elaine for taking part in the Aberdeen Firewalk last night. Well done! If you would still like to donate, click on the link below: https://www.justgiving.com/team/thorntons-wealthf
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Understanding Income Protection Insurance: A Safety Net for Your Earnings How many of us have a safety net for our earnings? Income protection insurance is a vital financial product designed to provide a regular income if you’re unable to work due to illness or injury. In the UK, where statutory sick pay and state benefits…
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Phil, Elmira and Sara from our Aberdeen office are taking part in the Aberdeen Firewalk on 23 September. If you can support us this will be greatly appreciated. You will find a link to our charity fundraising page here: https://www.justgiving.com/team/thorntons-wealthf Motor Neurone Disease is a fatal, rapidly progressing neurological condition affecting up to 5,000 adults in the…
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The world of pensions can look complicated from the outside, and there are plenty of questions people want to ask but never do. Outlined below are some of the questions people want to ask but for whatever reason, may not. When should I start saving for retirement? The simple answer is as soon as you…
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The National Institute of Economic and Social Research (NIESR) has issued a stark warning. If no action is taken, the government is likely to miss its fiscal rule, which requires that day-to-day spending is covered by tax receipts of a significant £41.2 billion by 2029/30. To stay on track, Chancellor Rachel Reeves will need to…
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Whether you’re employed, a partner or self-employed, you can contribute to a pension. Employers are legally required to provide workers with access to a pension scheme, while anyone self-employed or unemployed, who cannot invest in an occupational plan, can pay into a personal pension, such as a SIPP (Self-Invested Personal Pension) or a stakeholder policy….
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