Millions of UK adults are approaching retirement guided more by intuition than by careful planning, according to recent report findings[1]. The research reveals that one in six people (16%) rely on gut instinct to determine how much they will need for a financially secure retirement. Alarmingly, nearly two in five (39%) have not calculated their…
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Each year our staff choose a charity to support with various fundraising activities throughout the year. This year, we are very pleased to be supporting MND Scotland. Motor Neurone Disease is a fatal, rapidly progressing neurological condition affecting up to 5,000 adults in the UK at any one time. The condition attacks the nerves, leaving…
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Recent data highlights a growing concern about the affordability of care and the maintenance of independence in retirement. Research has shown significant worries among UK adults regarding how they will finance care needs and medical expenses in later life. According to the findings, more than two-thirds (67%) of adults in the UK are extremely…
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When it comes to investing, young women are noticeably lagging behind their male peers. Recent data paints a stark picture, revealing that only one-third (34%) of women aged 18-24 are investing their money outside of pensions[1]. By contrast, nearly two-thirds (64%) of young men in the same age group are choosing to invest, highlighting a…
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Transferring wealth to the next generation is one of the most important financial decisions you will make in your lifetime. The assets you have carefully built over the years – whether they are property, investments, savings or sentimental items – are a testament to your hard work and dedication. Naturally, you will want to ensure…
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It is clear that enjoying a comfortable retirement is a common goal for many people. However, achieving this requires addressing difficult questions about your savings and vision for retirement. Contributing to a pension is essential for future planning, but how can you assess whether you are on the right track? Here are insights to help…
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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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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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We are delighted to announce that with effect from 27th September, we have acquired Robson Macintosh & Company Limited of Manor Place, Edinburgh (RobMac) and welcome them to the Thorntons Wealth family. For existing RobMac clients, you will be contacted shortly with further information about what this means for you. If you have any queries…
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