Money Minder UK

Recent News

How can you protect and grow your wealth over time? #InvestmentInsight

How can you protect and grow your wealth over time? #InvestmentInsight

Thursday, 04 August 2022 -

Inflation is one of the most important factors that savers and investors must take into account when making decisions about their money. Although inflation can eat away at the purchasing power of your savings, it can also create opportunities for profit if you invest in assets that are expected to increase in value faster than prices overall.

Read More »


How can you plan for inflation during your retirement? #RetirementReady

How can you plan for inflation during your retirement? #RetirementReady

Tuesday, 02 August 2022 -

Retirement planning can be complex at the best of times so it is easy to understand how some people can find it daunting to take into account factors like inflation. The reality is that inflation hurts everyone, but it can be especially harmful to retirees.

Read More »


20% of 18-24-year-olds emerge as Will makers #FridayReads

20% of 18-24-year-olds emerge as Will makers #FridayReads

Friday, 29 July 2022 -

As many as a fifth (20%) of young Gen Z adults aged 18 to 24 say they have already made a Will[1]. Getting their affairs in order at such an early age compares favourably relative to the UK adult population overall, where just four in ten (40%) people have made a Will.

Read More »


Recession-proof your finances: 10 practical steps to ensure your money is working hard for you #TipTuesday

Recession-proof your finances: 10 practical steps to ensure your money is working hard for you #TipTuesday

Tuesday, 26 July 2022 -

In these uncertain times, it's more important than ever to make sure your finances are in order. The Bank of England believes that a painful squeeze on our living standards, driven, primarily, by soaring energy prices, is set to intensify and will push the UK economy into recession later this year.[1]

Read More »


There's been a 22% rise in people using property to support their retirement #FridayReads

There's been a 22% rise in people using property to support their retirement #FridayReads

Friday, 22 July 2022 -

The significant increase in property prices in recent years has likely shifted many people’s expectations of the role property wealth will eventually play in supporting their retirement. With people spending longer in retirement, one of the challenges that many need to overcome is how to fund it and how to meet the financial demands they may face in later life, such as the cost of long-term care.

Read More »


Why couples need to talk about their finances #WednesdayWisdom

Why couples need to talk about their finances #WednesdayWisdom

Wednesday, 20 July 2022 -

Most couples hate talking about money and find it a hard subject to discuss. However, while it may not seem like the most romantic topic, if you don?t talk about what you each want from your finances and how to manage your money, it?s likely to result in more friction and arguments.

Read More »


Half of over 50s regret not saving into their pension sooner #RetirementReady

Half of over 50s regret not saving into their pension sooner #RetirementReady

Thursday, 14 July 2022 -

The days of working for a single employer for your entire career and retiring with a comfortable pension are largely gone. The responsibility for accumulating a retirement nest egg now rests with individuals as opposed to their employers.

Read More »


5 things to consider when planning your legacy #TipTuesday

5 things to consider when planning your legacy #TipTuesday

Tuesday, 12 July 2022 -

Estate planning is about putting your affairs in order, to help make the lives of your loved ones easier. It can help to protect your estate for your beneficiaries and reduce the impact of Inheritance Tax (commonly called IHT for short).

Read More »


More than half of UK adults haven't discussed inheritance with their heirs #FridayReads

More than half of UK adults haven't discussed inheritance with their heirs #FridayReads

Friday, 08 July 2022 -

With wealth for millennials set to double in the next 20 years, it’s time to get over the awkwardness and have the conversation now. One of the main reasons why people don’t discuss their inheritance wishes is that they assume estate planning is not for them. That it is only necessary if you are very wealthy.

Read More »


Why do millions struggle to understand their most important source of income in retirement? #RetirementReady

Why do millions struggle to understand their most important source of income in retirement? #RetirementReady

Tuesday, 05 July 2022 -

Saving money for retirement is important because you’ll need a nest egg when you’re no longer working. The best way to guarantee an income when you’re in your golden years is to save and invest as much as you can now while you are still working.

Read More »


The impact of work, wealth and wellbeing of midlifers is putting further pressure on the age group #FridayReads

The impact of work, wealth and wellbeing of midlifers is putting further pressure on the age group #FridayReads

Friday, 01 July 2022 -

The financial decisions made by individuals as they reach retirement could have significant consequences on their finances and standards of living. Midlifers (people aged 40 to 60) are facing a challenging backdrop, with rising inflation and increasing energy bills putting further pressure on an age group that is already juggling multiple headwinds.

Read More »


How can you create future wealth for your children? #TipTuesday

How can you create future wealth for your children? #TipTuesday

Tuesday, 28 June 2022 -

When we talk about the Bank of Mum and Dad, we are effectively talking about handing money over to your children. There are many reasons why your descendants might look to you for financial support, and many routes you could take in funding them, if you so choose.

Read More »


Revolution in family law has finally removed the need for blame as a basis for divorce #FridayReads

Revolution in family law has finally removed the need for blame as a basis for divorce #FridayReads

Friday, 24 June 2022 -

No one enters into marriage expecting it to end in divorce. However, for many couples, divorce is the sad reality. If you are facing divorce, it is important to know that you are not alone. Each year, thousands of people go through the divorce process.

Read More »


Why has there been a 17% increase in suspicious or scam-related activity, and how can you protect yourself? #WednesdayWisdom

Why has there been a 17% increase in suspicious or scam-related activity, and how can you protect yourself? #WednesdayWisdom

Wednesday, 22 June 2022 -

Any of us can fall victim to a scam. Scams are increasingly common and many people are caught out. They can be very distressing, and the impact is often emotional as well as financial. If you’ve been the victim of a scam, remember that you’re not alone

Read More »


Why do women have lower pension pot sizes in every age bracket and how can we change this? #RetirementReady

Why do women have lower pension pot sizes in every age bracket and how can we change this? #RetirementReady

Monday, 20 June 2022 -

The staggering impact of the gender pension gap has been revealed in new research[1] which shows that women have lower pension pot sizes in every age bracket, with the situation significantly deteriorating as they approach retirement. Worryingly, women on average retire with less than half the income of men.

Read More »


4 steps for building future wealth in your mid-20s to mid-30s #InvestmentInsight

4 steps for building future wealth in your mid-20s to mid-30s #InvestmentInsight

Thursday, 16 June 2022 -

Investing can be challenging for anyone, but for those in their mid-20s to mid-30s, it can be especially daunting to build a portfolio – especially while paying off student loans, credit card debt and establishing some savings.

Read More »


Fed up with your nine-to-five? #RetirementReady

Fed up with your nine-to-five? #RetirementReady

Tuesday, 14 June 2022 -

There are many factors that can influence when someone decides to retire. For some, it may be based on health reasons, while others may want to take advantage of government benefits or simply enjoy a more relaxed lifestyle. However, one of the most common factors that determines when people choose to retire is their age.

Read More »


30 million parents want to leave wealth to the next generation in their Will #FridayReads

30 million parents want to leave wealth to the next generation in their Will #FridayReads

Friday, 10 June 2022 -

Research[1] has highlighted how millions of Britons say they want to plan to pass on wealth to their children and grandchildren in a Will – but fewer than half have written one. Failing to plan write a Will or complete estate planning could potentially lead to a significant Inheritance Tax (commonly called IHT for short) bill being levied on a person’s estate when they die.

Read More »


Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.