First steps to investing

Posted by JSCFinancial on Friday 13th of May 2022

First steps to investing

There is no right time to begin investing but there are some decisions to make that could affect your returns. If you are 7 years old and saving your pocket money for a PS5, 17 saving the money from your first job for a car, 27 saving for your first house or 57 and finalising your retirement plans which include a dream holiday, we can provide personalised advice for you.

Angela was looking at ways she could reduce her inheritance tax. After spending some time researching, she realised she could make small g...


The Value of Financial Advice

Posted by JSCFinancial on Tuesday 10th of May 2022

The Value of Financial Advice

Financial advice isn’t just for the super-rich with complex tax situations and offshore bank accounts. It can be invaluable for anyone with financial goals.

Whether you're saving for your future, buying your first home, remortgaging or want to protect your home and income – speaking to an expert can make all the difference.

Saving for your future

Robyn and Tim met in their late 20s and soon got married. They were keen to get on the property ladder so spoke to a financial adviser who helped them form ...


Review your pension contributions

Posted by JSCFinancial on Tuesday 10th of May 2022

Planning for a comfortable retirement

Tina is a fit and vibrant 59-year-old who expected retirement to offer a whole new lease of life. She was looking forward to using her increased leisure time to explore Europe while indulging her passion for climbing. However, after going through her finances, she’s now concerned she won’t be able to afford her monthly bills let alone pay for trips abroad.

Tina has always managed her day-to-day finances really well, but she never sat down and worked out how much she’d need for a comfortable retir...


Could remortgaging help you beat the cost-of-living crisis?

Posted by JSCFinancial on Wednesday 4th of May 2022

Practically every penny of Mike’s monthly salary is accounted for so, as the cost-of-living crisis starts to bite, he’s worried about making ends meet. He’s started shopping around for cheaper deals on his broadband, mobile-phone contract, and car insurance, and he’s also cancelled his gym membership and a couple of his TV subscriptions. But he’s overlooked the bill offering the largest potential saving – his mortgage.

What is remortgaging?

Remortgaging involves taking out a new mortgage on a property you’ve already bought. You might do ...


What is an SVR mortgage and why might you end up with one?

Posted by JSCFinancial on Wednesday 4th of May 2022

Sarah has never overstretched herself when it comes to money. After paying her monthly bills, she’s always had a bit left over. So, when her mortgage lender wrote to her to remind her that her five-year fixed-rate deal was coming to an end and that she needed to find a new deal or she’d be switched to their standard variable rate (SVR), she simply let them make the switch. She wasn’t worried about money and thought looking for a new deal would be too much hassle.

The interest rate on an SVR mortgage is set by the bank or building society ...


Get Savvy Against Scammers

Posted by JSCFinancial on Friday 22nd of April 2022

Get Savvy Against Scammers

Retired teachers Paul and Mary are devoted parents and grandparents to their three children and eight grandchildren. As their family started to grow, they decided they wanted to begin saving for their grandchildren’s future. Disappointed with the returns from their savings accounts, they decided to look into other investment opportunities. After comparing a number companies online, they settled on one and made a £30,000 bank transfer. Within just a few months, their initial investment had grown sizably.

S...


Why cohabiting couples should make a will

Posted by JSCFinancial on Friday 22nd of April 2022

Why cohabiting couples should make a will

When Tom and Pete bought their first property together, life couldn’t have been better. They both had good jobs pulling in decent salaries and were excited about spending the rest of their lives together.

They chatted about making a will a few times, but somehow life always got in the way. Until one day, 10 years after moving in together, Pete got a call that would change his life forever – Tom had been killed in a car accident.

The intestacy trap

On top of grieving for his partner, Pete fo...


Key Dates For Your Finances 2022

Posted by JSCFinancial on Thursday 14th of April 2022

Key Dates For Your Finances 2022

Now’s a good time to make sure your fully prepared for the financial year ahead. To make it easy we’ve summarised the key dates and facts and figures below.

1 April

National Living Wage (for age 23+) rises from £8.91 to £9.50

National Minimum Wage rises to £9.18 (for 21-22-year olds), £6.83 (for 18-20-year olds), £4.81 (for 16-17-year olds) and £4.81 (for apprentices under 19 or in the first year of their apprenticeship).

Council tax bills rise by up to 2.99% (including a 1% social care precept) ...


Start of the tax year checklist

Posted by JSCFinancial on Wednesday 6th of April 2022

Start of the tax year checklist

The new tax year on 6 April 2022 is a great time to review your finances.

The new tax year means annual allowances are reset and ready to be reused – to help you make the most of your money. This year more than ever, with interest rates and inflation on the rise, it’s a great time to review your pensions and investments with your adviser.

Note: The following figures apply to the 2022/2023 tax year, which starts on 6 April 2022 and ends on 5 April 2023.

ISAs
The maximum you can invest across your ISA...


Update from Omnis Investments - Geopolitical turmoil unsettles markets

Posted by JSCFinancial on Monday 4th of April 2022

Geopolitical turmoil unsettles markets

The global economy continued to readjust following Russia’s invasion of Ukraine, and central banks raised interest rates in the UK and US.

Stock markets were volatile in March, while oil and gas prices continued to soar with Brent crude at one point reaching $139 a barrel. The International Monetary Fund and World Bank warned that increasing commodity prices are likely to fuel inflation for some time. There were also concerns that the world economy could suffer a period of stagflation - surging consum...


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