The 2023 Autumn Statement: Winners and Losers

Posted by JSCFinancial on Thursday 23rd of November 2023

The 2023 Autumn Statement: Winners and Losers

 

UK Chancellor Jeremy Hunt’s 2023 Autumn Statement outlined, in his words, “eight months of hard work” and no fewer than 110 measures to help grow the British economy. Contained within are a raft of measures set to overhaul everything from minimum wage and benefit payments to tax, business investment, and more. 

 

The Winners

Young and low-paid staff

Although the news was released ahead of the main statement, the announcement confirmed a large-scale increase to the national living wage, br...


Should I consider private medical insurance?

Posted by JSCFinancial on Monday 13th of November 2023

Life can be full of surprises. You can’t be prepared for everything. You may have some insurance to support you financially if the unexpected happens, but have you considered how private medical insurance might offer you and your family the peace of mind you need if your health takes a turn for the worst?

A growing trend
According to data published by The Telegraph, close to half a million people have taken out private medical insurance over the past year, as NHS waiting lists hit record levels this autumn. According to government statistic...


It’s been a difficult year for investors so far. Inflation and political uncertainty have led to market volatility. Market volatility can be scary, especially if the value of your investments drops, but it’s important not to let fear guide your decision about whether to stay invested in your portfolio.

Here are three reassuring reasons for staying invested in the stock market during uncertain times.

01 The best financial decisions are not based on emotion

Emotions can play a big role in your financial decision making if you aren’t vigilan...


Centuries ago, Benjamin Franklin announced that...

“By failing to prepare you are preparing to fail.”

This is especially true when it comes to ensuring your personal finances are protected from the rainiest of days. However, with the rising cost of living likely putting pressure on your spending, you may be considering cancelling your cover, even when this could leave you more vulnerable than before. Read on to discover some of the reasons you should consider prioritising your financial protection over other cost of living worries.

Rising...


Need to remortgage but left it until the last minute?

Posted by JSCFinancial on Monday 25th of September 2023

Need to remortgage but left it until the last minute?

With interest rates higher than they have been for 15 years, you may be worried about the impact this will have on your monthly mortgage payments once your current mortgage deal expires.

There is no doubt it can feel overwhelming for homeowners at a time when it’s hard to turn on the news without hearing about increased interest rates, increased living costs and ever-changing mortgage rates. If you don’t know which way to turn and you’ve left remortgaging until the last minute - don’t p...


More than a decade of auto-enrolement

Posted by JSCFinancial on Friday 8th of September 2023

Since the government introduced pension auto-enrolment in 2012, millions more workers have started saving for their retirement. Now, the government has confirmed plans to extend auto-enrolment to encourage a savings boost. The changes could have implications for both employees and business owners.

Following a review of auto-enrolment the government has revealed key reforms forecast to increase pension contributions by £2 billion a year.

Key auto-enrolment changes to be aware of:

The minimum age of auto-enrolment will fall from 22 to 18
You...


Protection policies aren’t just there for when things go wrong. Many protection insurers include access to a range of health and wellbeing support services – and you don’t need to claim to be able to use them.

These services can make everyday life that little bit easier. From knowing you can have immediate professional support if your child falls ill, to having the tools to keep tabs on your health, these services provide advice, assistance and information to keep you and your family healthy.

 

Which types of services could you ...


Little things can make a massive difference. Like the mountain bike accident that turned Mike’s life upside down.

Thanks to his protection insurance policy, Mike and his family are financially secure.

 

 


Healthy benefits included for you and your family?

Now those are some little things that can make a big difference.

 Protection policies aren’t just there for when things go wrong. Many protection insurers include access to a range of health and wellbeing support services – and you don’t need to claim to be able to use them.

These services can make everyday life that little bit easier. From knowing you can have immediate professional support if your child falls ill, to having the tools to keep tabs on your health, these services provide...


A little change you can make today can safeguard your biggest investment – your home

If you’re a homeowner, your mortgage payments are likely to take up a large part of your income each month. But if you became seriously ill or injured, and unable to work, would you be able to keep up your mortgage repayments? As buying a home is likely to be your biggest investment, it pays to protect yourself, so you’re covered should a life changing event occur.

We know the little things in life can be life-changing. It could be a phone call from the do...


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UK News

The Bank of England governor warns "we're not out of the woods yet" in terms of rising inflation.
The UK government hopes the investment will create more than 7,600 "high-quality jobs".
The two American chipmakers will partner to make personal computer and data centre chips, in a lifeline for Intel as it struggles to profit from the AI boom.
The warning from the clothing chain comes as it reported a 13.8% rise in pre-tax profits.
West Midlands and Merseyside MPs have called for supply chain help after the JLR cyber attack.