Do you rely on your investments to deliver an income? If you do, the last year could have severely affected your income and may mean you’ve been forced to rely on other assets. As 2021 continues to present challenges for businesses around the world, can you still rely on your investments? Traditionally, dividend-paying stocks have played an essential role in investment portfolios designed to deliver an income. A dividend is when a company distributes some of its earnings to s

It’s that time of the year when thousands of teenagers across the country are waiting to find out if they’ve been accepted to university. As your child or grandchild starts the next chapter of their life, it’s natural to feel some concern as well as pride in their achievements. Understanding what university means financially can help put some of your worries to rest. According to the Higher Education Statistics Agency, there are over 2.5 million students, with about 1.7 milli

Most people in the UK do not have any type of financial protection. While there may be a good reason for some, in others it’s a decision that’s sparked by myths. It could mean you’re missing out on financial protection that could provide financial security when you need it most. According to the Financial Conduct Authority, less than half (47%) of UK adults have taken out any kind of financial protection. The most popular type of financial protection is life insurance, used b

Millions of people are missing out on financial advice that could help them reach their goals because of misconceptions, research finds. Speaking to a financial planner can help you organise your finances, understand the impact of your decisions, and make sure you’re on track to reach future goals. According to Royal London, 9.4 million people in the UK choose not to look for a financial adviser despite being open to the idea of advice. While there is a range of reasons someo

When saving into a pension, reaching £1 million can seem like an impossible challenge. But the magic of compounding can mean it’s easier to reach than you might think, especially if you start saving while young. Compounding means that the returns earned from investments are reinvested. This means they go on to generate returns of their own. Over time, this can help savings to grow faster. As pensions are usually invested for decades, compounding plays a critical role in how y

Last month, leaders of the G7 nations gathered in Cornwall for a summit. Unsurprisingly, the pandemic was top of the agenda, but climate change also featured prominently. As countries reaffirm their support for limiting climate change, it could affect businesses and, in turn, investors. All seven G7 nations – Canada, France, Germany, Italy, Japan, the UK, and the US – reaffirmed their support for reaching net-zero carbon emissions by 2050. This means that equivalent of emitte