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...


NEW BLOG & VIDEO - Spring Clean Your Finances

Posted by JSCFinancial on Thursday 31st of March 2022

Spring Clean Your Finances

There’s plenty of advice and ‘life hacks’ on how to make spring-cleaning less of a chore. A quick Google search will throw up hundreds of random tips – like using cola to clean the toilet, lemon to clean the taps and vinegar to clean just about anything!

When you’ve finished scrubbing your worktops with baking soda and polishing your windows with newspapers, why not try spring-cleaning your finances? Here are some handy hints to get you started:

Throw away unnecessary spending habits

Look at your bank s...


NEW BLOG - Volatility and Long-term investors

Posted by JSCFinancial on Tuesday 29th of March 2022

Volatility and Long-term investors

As the conflict in Ukraine escalates and Russia continues its invasion of Ukraine major stock markets have fallen dramatically. But what does this mean for your investments?

Stories about stock market falls are guaranteed to make headlines like the financial crisis of 2008 and the stock market lows of March 2009. And for many they are still fresh memories but it’s worth noting that an investment then in global stocks would have grown more than twofold a decade down the line*.

That might be an extre...


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