Throughout your working life, keeping track of your pension is crucial to ensure you save sufficiently for the future. Reviewing your pension can help you identify any potential shortfalls and, if necessary, increase your contributions to address these gaps. First and foremost, let’s explore how your pension operates. When you contribute to a personal or…
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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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If you are in your 40s or 50s, you have likely contributed to a pension for quite some time. Over the years, you may have accumulated multiple employer workplace pensions. However, when did you last thoroughly examine your pension and retirement strategy? Having a documented retirement plan can help you feel more prepared for this…
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This week Thorntons Wealth is supporting #TalkMoney Week, designed to get us all talking more about the pennies in our pocket, our thoughts and feelings around money, and how and where to get help if and when you need it. Quite often, it’s just saying the words out loud that’s the hardest part. So, we’re…
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Life’s a journey. Wherever it may take you………. let us help shape your financial future! During this webinar, we will: Take you on a typical lifestyle journey and look at the financial implications affecting us along the way Look at the triggers for making financial choices along your journey – whether that’s buying your first…
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I am required by law to have my car insured Third Party Fire and Theft. However, I have chosen to pay more and have Fully Comprehensive insurance. Why? Because if I were unfortunate enough to be in an accident, the financial impact on me having to replace my family car would undoubtedly cause me some…
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Retirement planning is of the utmost importance, regardless of your income or wealth. It ensures a steady income stream after retirement and provides financial security for you and your loved ones. Retirement cash flow modelling can provide numerous benefits to individuals seeking financial security and planning for the future. By assessing your current and projected…
Continue ReadingI joined Thorntons as an apprentice in 2016, as a young 19-year-old, starting my first full time role. At this point, retirement seemed a million miles away – it still is! At this age, priorities were different, and the thought of giving up part of my salary to save for an event to occur in…
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A recent study has revealed that over half of the British population may not fully comprehend the hidden impact of inflation on their savings and buying power[1]. The research explored participants’ understanding of basic financial principles, including inflation, compound interest, risk and return, and the significance of life stages in financial planning. Surprisingly, only 44% of respondents could…
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When planning for your future, consider increasing your pension savings. But should you do this through a lump sum or by raising your regular contributions? In this article, we look at each option. Why invest in your pension plan? First, it’s crucial to recognise the advantages of investing in your pension plan. Saving for your future…
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