fbpx

News

Keep up to date with the latest industry
news and Bright Advice stories

News

Mindfulness: How to reduce stress and anxiety

Mindfulness: How to reduce stress and anxiety

At times we all feel stressed and anxious. Amid the current circumstances, you may feel more stressed than usual and not able to access your usual way of unwinding, whether it was hitting the gym or meeting up with friends. Mindfulness can help you feel calmer and...

read more
7 things to do if you’re retiring in 2020

7 things to do if you’re retiring in 2020

Are you planning to retire this year? If so, congratulations! Retirement is a milestone you may have been looking forward to for years, but it’s not one you should just dive into. There are steps you should take to ensure your retirement lives up to expectations. 1....

read more
What are your rights if you have a summer holiday booked?

What are your rights if you have a summer holiday booked?

Restrictions on travel and concerns about the coronavirus pandemic may have affected your holiday plans for the summer months. There’s been a lot of contradictory information about what you’re entitled to and if you must cancel. So, we take a look at what your rights...

read more
6 ways to improve cooking skills in lockdown

6 ways to improve cooking skills in lockdown

Hoping to come out of lockdown with new skills? Why not try your hand at mastering new cooking skills and recipes? Not only is it an opportunity to pass the time, but you’ll also get to dig into delicious plates of food now and in the future. If you’re looking for...

read more
First-time buyers, remember to factor in these costs

First-time buyers, remember to factor in these costs

If you’re a first-time buyer, you’ve probably been focussing on getting a deposit together that will allow you to secure a mortgage. Yet, numerous other costs need to be factored into stepping onto the property ladder too. It’s not surprising that the deposit is the...

read more
7 tips for homeschooling

7 tips for homeschooling

With schools closing down several weeks ago and no firm plans of when children will be heading back to the classroom yet, parents across the UK are having to tackle homeschooling. It’s an experience that can be rewarding, but that doesn’t mean it’s not without its...

read more
DIY projects that could boost the value of your home

DIY projects that could boost the value of your home

With more time indoors, Brits have been turning to DIY during the pandemic. It’s perfect for filling the time but, choose the right project, and it could add value to your home too, and it doesn’t have to be a huge renovation project. So, where should you be investing...

read more
Is university worth it for children and grandchildren?

Is university worth it for children and grandchildren?

For students planning to head to university, it’s already been an emotional time. With college suspended due to Covid-19 and exams cancelled, there has been some uncertainty around how grades will be awarded, which could affect where they head to study for the next...

read more
Why you should have a Power of Attorney in place

Why you should have a Power of Attorney in place

Millions of Brits haven’t named a Power of Attorney. It may seem like something you can put off for a while, but it’s something we should all have in place. A Power of Attorney is a legal document which gives someone you trust the ability to make decisions on your...

read more
Is now the time to invest?

Is now the time to invest?

Global stock markets have suffered due to the impact of the coronavirus pandemic, and you may have heard suggestions that now is the ‘perfect time to buy’. After all, in an ideal world, you want to buy when stock prices are low and sell at a high. However, it’s not as...

read more
Should you take a tax-free lump sum from your pension?

Should you take a tax-free lump sum from your pension?

Being able to take a tax-free lump sum out of your pension when you reach pension age certainly sounds appealing. It can help you kick-start retirement plans and fully enjoy the milestone, but is it always the right decision to make? Currently, you’re able to take a...

read more
7 tips for living longer healthily

7 tips for living longer healthily

Not so long ago, the stereotype of old age focused on the negative. Perhaps facing illness or struggling to leave the house. Today, that’s not the reality for many people. It’s common to see people in their 80s and beyond fully enjoying their life. So, what can you do...

read more
A quick guide to retirement interest-only mortgages

A quick guide to retirement interest-only mortgages

If you’re approaching retirement and still have some time left on your mortgage, it can be a concern and take up a significant portion of your income. Traditionally, retirees would strive to reach the milestone debt-free. However, there are many potential factors that...

read more
Why financial planning is important for Generation X

Why financial planning is important for Generation X

Generation X is likely to be facing big life and financial decisions. Yet, only a small portion is working with a financial adviser to ensure their future is secure. A nationwide study found that just 8% of those aged between 39 and 54 has spoken with an independent...

read more
What’s the purpose of your retirement?

What’s the purpose of your retirement?

Purpose in life gives you a sense of direction and provides meaning. Having a purpose can improve your wellbeing throughout life, and it’s no different when you’re in retirement. Understanding what your purpose is can make the next chapter of your life more...

read more
How to save for retirement in your 20s

How to save for retirement in your 20s

When you start your career, saving for retirement isn’t likely to be a priority. But more young people are saving into a pension than ever and it pays to understand what it means for your future. Whilst you might have left your 20s behind, you may have children or...

read more
3 things to keep in mind when accessing your pension at 55

3 things to keep in mind when accessing your pension at 55

For most people, their pension becomes accessible from the age of 55. If you’re nearing your 55th birthday, you might be tempted to make a withdrawal, whether as a one-off lump sum or regular income. However, using your pension as soon as you can, may have a greater...

read more
Investment market update: November 2019

Investment market update: November 2019

Welcome to our latest update on the investment market. We take a quick look at some of the key factors that influenced the stock market in November and could continue to do so over the coming months. The hot topics that have affected the markets in 2019, Brexit, the...

read more
7 things that could slow down buying a property

7 things that could slow down buying a property

Buying a property can feel like a marathon. If you’re hoping to move in quickly it can seem as though everything moves incredibly slowly, from waiting for a mortgage to be approved to hearing back from solicitors. However, being prepared and knowing what can slow down...

read more
The pros and cons of marathon mortgages

The pros and cons of marathon mortgages

If you’re preparing to take out a mortgage, there are plenty of things to consider. Among them is how long you’ll pay back the loan for. As property prices have increased, it should come as no surprise that mortgages are getting longer. More homebuyers are choosing to...

read more
5 ways financial planning can help if you’re self-employed

5 ways financial planning can help if you’re self-employed

Millions of people in the UK are now self-employed. Whether you work for yourself or are part of an industry where contracting is commonplace, it can place pressure on your finances. You need to manage your financial situation and potentially plan for periods where...

read more
The value of financial advice

The value of financial advice

When we think about the value of financial advice, it can be hard to quantify it. After all, you often can’t be sure how your fortunes would have fared, or if your circumstances would be different if you hadn’t worked with a financial adviser. But research has shown...

read more
7 signs you’re being approached by pension scammers

7 signs you’re being approached by pension scammers

We all like to think that we could spot a scam. But scammers are often sophisticated and it’s easier than you think to fall for their claims. The Financial Conduct Authority (FCA) has recently highlighted some of the most common tactics fraudsters use to try and get...

read more
When should you consider financial protection products?

When should you consider financial protection products?

Financial protection probably isn’t something you often think about, but it should be part of your financial plan. What would happen if your income were to unexpectedly stop for a period of six months for example? Many people dismiss financial protection as something...

read more
Investment market update: July 2019

Investment market update: July 2019

Welcome to our August update for the investment markets. We take a quick look at some of the key factors that have been influencing the stock markets and could continue to do so over the coming months. Unfortunately, the latest news paints a gloomy picture for UK and...

read more
Could your property boost your retirement fund?

Could your property boost your retirement fund?

Property is increasingly being seen as an asset that’s vital for funding retirement. It’s no surprise, after all, our homes are often one of the largest assets we have, but what are your options and the drawbacks of doing this? The value of property has grown...

read more
5 questions to ask when you’re planning for retirement

5 questions to ask when you’re planning for retirement

Planning your retirement can be a challenge. There are multiple areas to think about and you may not have a clear idea of what you want it to look like. However, whilst putting off planning until the retirement date arrives might seem attractive, it can mean missing...

read more
Using your savings to achieve aspirations

Using your savings to achieve aspirations

What’s on your bucket list? Whether incredibly exciting experiences, exotic travel destinations or something entirely different features on your list, it’s likely finances will play some role in how achievable they are. Could your savings be used to tick a few of your...

read more
The basics of Inheritance Tax and why it’s being reviewed

The basics of Inheritance Tax and why it’s being reviewed

Inheritance Tax (IHT) is one of the most unpopular types of tax in the UK and often referred to as a ‘death tax’. With the Office of Tax Simplification (OTS) reviewing it and recommending changes, it’s the perfect opportunity to look at why and what the current rules...

read more
Are you at risk of outliving your pension?

Are you at risk of outliving your pension?

We spend much of our working lives contributing to a pension to create an income that affords a comfortable retirement with a few luxuries. But a survey suggests that many saving into a pension are worried about running out. A poll conducted by FT Adviser asked...

read more
Eight in ten homeowners could be at risk if their income stops

Eight in ten homeowners could be at risk if their income stops

There are many reasons why your income could suddenly stop and it’s not a situation we want to think about. However, planning for potential scenarios means you’ll be in a better position financially and practically should they happen. Despite this, more than eight in...

read more
Six things to check before you purchase a leasehold property

Six things to check before you purchase a leasehold property

Leasehold homes have been in the press a lot recently; and not in a good way. Some homeowners have found themselves trapped in leasehold properties with escalating costs and little opportunity to sell. If you’re considering moving home and a leasehold property has...

read more
Longer lives and retirement plans

Longer lives and retirement plans

Retirement is a huge milestone and one that’s lasting longer for many people. You now have more choice around when you want to retire, how to take an income, and what you want to do after you’ve given up work. Whilst more flexibility has certainly been welcomed, it...

read more
Could you face a pension shortfall?

Could you face a pension shortfall?

One in three middle-aged Brits is set to retire on the State Pension alone and many more face a shortfall in their pension. It could leave a significant gap between expectations and reality. If you’re not sure what income your pension could deliver in retirement,...

read more
Why it’s important to revisit your financial plan

Why it’s important to revisit your financial plan

Once you’ve set out a financial plan, you might think all the hard work has been done. But keeping on top of the progress you’re making and ensuring it’s still suitable is essential for getting the most out of your assets. When was the last time you revisited your...

read more
The challenges of getting on the property ladder today

The challenges of getting on the property ladder today

It’s near impossible to escape news of the property market and the struggle aspiring homeowners face. With multiple challenges to taking the first step on the property ladder, the number of young homeowners is declining. According to the annual English Housing Survey,...

read more
How long could you survive without your income?

How long could you survive without your income?

If your income were to suddenly stop, how long would you be able to continue your current lifestyle for? If you made cutbacks, how long would your savings last for? It’s not something anyone wants to think about, but the truth is, people lose their income every day....

read more
Why are more people choosing to retire later?

Why are more people choosing to retire later?

Those approaching retirement age are shunning the traditional route when it comes to giving up work. For most people, the thought of handing in their notice and giving up their career in one fell swoop is no longer appealing. Today, retirees are choosing to retire...

read more
Considerations when you’re saving for a child’s future

Considerations when you’re saving for a child’s future

With university fees, rising house prices and other financial pressures, young adults can struggle to achieve financial security and tick off milestones. If you’ve got children or grandchildren, you may be considering starting a nest egg to help them along the way....

read more
Are your cash savings delivering the best returns?

Are your cash savings delivering the best returns?

From a young age, we're told to save for a rainy day. Hopefully, it's a message that's instilled some good money habits into adulthood, setting you on the right path for future goals, be it retiring early, buying a property or travelling. But, while we’re told to...

read more
The importance of longevity when planning for the future

The importance of longevity when planning for the future

When you’re planning your financial future, you’ve probably considered how much you need and how much you can afford to put away. But when you’re planning your retirement, have you factored in longevity? At a time when retirees can access their retirement savings far...

read more

Contact us on 01480 222 280 or email: info@brightadvice.co.uk

to discuss how we can help you

Bright Advice
Yew Tree House
Church Street
St Neots
PE19 2BU

01480 22 22 80

info@brightadvice.co.uk

Internet Privacy Policy

Privacy Policy

 

Bright Advice is a trading name of Lifetime Wealth Management Limited. Lifetime Wealth Management Limited is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited who are authorised and regulated by the Financial Conduct Authority.

The Financial Conduct Authority do not regulate Buy to Let Mortgages, Wills or Trusts.

Lifetime Wealth Management Ltd registered address 12-14 Upper Marlborough Road, St. Albans, Hertfordshire, AL1 3UR.

Registered in England and Wales, Company Number: 4631136.