Is 2019 the year to review your investment fees and charges?
Managing investments takes time and money and you must expect to pay sensible fees. But high charges can seriously affect your nest egg’s growth potential. To see how much look at the example below: Initial investment = £250,000 Nest egg A Nest egg B Annual return before charges 5.0% 5.0%…
Four ways to live a happy retirement
Retirement should be the time of your life. No more early morning wake up calls, no more commuting and no more carefully allocating your holiday entitlement. Instead, you have the freedom to do whatever you choose. Yet retirement might not always work out as a time to forget your worries…
How much should you actually be saving for retirement?
Retirement should be the time in your life where you’re able to enjoy the fruits of your labour. However, simply paying into a pension for when you retire might not allow you to do this if you’re not putting enough away. But how much is “enough”? Well, here at Charters…
Getting a grip on your finances
Does it feel like your finances are here, there and everywhere? If the answer is yes, then taking the time to manage your savings better can really pay off. It can help you keep on top of your expenditure and save thousands each year. You can spend these savings on…
The longevity challenge and how to deal with it
In the UK, we are confronted with the challenge of an ageing population. Lots of us will live longer than we may well have predicted. Already, 2.4% of the population is aged over 85. Because of enhancements in nutrition and healthcare, this figure only looks set to climb. The Office…
CEO, MD or FD? Why now isn’t the time to batten down the hatches!
There’s no denying there has been a considerable amount of volatility and turmoil of late. The persistent uncertainty over Brexit means sterling continues to fluctuate while Trump’s presidency provides unpredictability on a whole new level! In addition, businesses have had to deal with the new General Data Protection Regulation (GDPR)…
3 key budget takeaways
This year Chancellor Philip Hammond delivered his autumn budget a few weeks earlier than normal. Usually the budget is broadcast in mid-November, but this year he gave the budget on October 29. In the run up to Brexit, Hammond didn’t issue any huge announcements. Perhaps he wants to leave plenty…
Ideas for October half term
Astonishing, isn’t it? It seems only a few weeks since the kids went back to school and already October half term is upon us! Fortunately, the coming of Autumn means that you have a whole new set of activities you can do with your children or grandchildren that are better…
Son or daughter just started University? Congratulations—but have you been saving enough?
The Institute of Fiscal Studies suggests that the average total debt incurred by today’s university students over the period of their studies will amount to £51,000. This sum comes as those in higher education saw the interest rate on student loans rise to 6.3% in September. Total student debt in…
Will the Chancellor side-step a possible Budget horror show?
In normal years, the Autumn Budget (formerly the Autumn Statement) is released in November. However, with less than 6 months left on the countdown to Brexit, this year is far from a normal year. At the end of September, Chancellor Philip Hammond made it known that the Autumn Budget would…