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Will paying for long-term care affect my inheritance planning?

At a glance Many of us find it hard to think about ourselves or our parents needing help as we get older, and when we do start to think about it – perhaps in our 50s or 60s, the cost implications can make us wince. The high cost of social care can quickly swallow up […]

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What are executive pensions and should business owners offer them to directors?

At a glance Directors of expanding companies often need more flexibility than their usual corporate pension scheme offers. All companies need to auto-enrol employees into a pension. However, standard auto-enrolment schemes tend to put members into a default fund and have restrictive rules around what contributions, investments, benefits and retirement options you can provide. Executive […]

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How to stay on top of your financial planning with a demanding career

At a glance If you’re a lawyer or accountant, your work may overlap with the world of financial services, meaning you’d be justified in feeling confident in your understanding of important money matters. So, you might wonder whether spending your valuable time talking to a financial adviser is worth it, particularly if you have a […]

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The rise of the multi-retiree family and what it means for your finances

At a glance   The rise and rise of the multi-retiree family Sixty years old is the new middle age. We’re all living longer, and by 2034, more than one million families may have multiple generations in retirement simultaneously– a 32% increase on today’s figure of 813,000.1 A recent survey into the phenomenon, commissioned by SJP, […]

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Investment impact of Labour’s win

At a glance: Labour’s decisive majority win in the General Election is likely to be initially taken positively by markets, according to St. James’s Place (SJP) CIO, Justin Onuekwusi. “The UK election has played out as expected and has consolidated our positive view,” he says. “The clarity of outcome and resultant policy certainty going forward should lead […]

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How to deal with rising costs: six ways to boost efficiency for your business

At a glance Even though key economic indicators in the first quarter of 2024 are more optimistic compared to 2023, there is still low confidence amongst small and medium-sized enterprises (SMEs) due to inflation having been so high for so long and the impact it has had on their profit margins¹. What does high inflation […]

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Should I pay to top up my State Pension?

At a glance To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. How much is the State Pension? This tax year, full […]

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Uncovering value in the UK stock market

At a glance: What is value investing? Value investing is an approach where investors look for stocks that exhibit solid fundamentals yet are priced below their true market value. True market value is determined by factors such as future cash flows, competitive advantages, growth prospects, and other key metrics. Short-term investor sentiment, which can oscillate […]

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Planning for your first year in business as a start up

At a glance The tech boom has left many budding entrepreneurs thinking they can quickly create a business worth billions. But only a tiny proportion of companies ever get this big. Only 3.9% of businesses with 10 or more employees have been classed as being high growth according to the Office for National Statistics.1 Many […]

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Beyond the case: how wealth-management services can help your clients

At a glance If you’re a lawyer representing clients with a personal-injury or negligence claim, you’ll know that you’re often working with people at an especially vulnerable time in their lives. Such clients need a great deal of support – and a wealth-management adviser can play a key role. Crucially, that role begins well before […]

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