Are you financially fit for the new norm?
Times are a changing – take some time out to make sure your finances still match your lifestyle and needs.
Budget – Review your income and outgoings, particularly if your circumstances have changed.
Debt planning – Prioritise clearing any debt you have, including credit card balances or loans.
Get saving – Peace of mind can be gained from having a minimum of three to six months’ income as a buffer. If you were lucky enough to save in lockdown, channel some into a savings account.
Have backup – Protection policies such as income protection and life insurance offer an essential safety net. If you have policies in place, do they still offer the most suitable cover?
Think long-term – Don’t let short-term events divert you from future plans. Investing into a pension, no matter what age you are, is vital.
Take advice – We can help you see the bigger picture, weigh up your options and make a balanced plan for your individual needs.
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor. No part of this document may be reproduced in any manner without prior permission.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency.
Information is based on our understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.
Tax treatment is based on individual circumstances and may be subject to change in the future.
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