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Keep up to date with the latest industry news and Bright Advice stories
Experts forecast a recession in 2023. Here’s why and what it means for your investments
Experts are predicting that the UK will face a recession in 2023. While it can be tempting to react to this news by changing your investment strategy, sticking to your long-term plan makes sense for most investors. Read on to find out why. Several factors are...
Life insurance vs family income benefit: Which one is right for your family?
Creating financial security for your family if the worst should happen can be difficult to contemplate. However, it’s something that can ensure the people most important to you are taken care of. If you’ve yet to take out financial protection that would give your...
7 valuable steps parents can take to improve the financial security of children
When you’re thinking about your financial plan, what are your priorities? Often, passing on wealth and helping children or grandchildren realise their own goals is important. Despite a period of economic uncertainty, a survey from Scottish Widows found that 77% of UK...
4 vital things you should discuss when naming a Lasting Power of Attorney
A Lasting Power of Attorney (LPA) gives someone you trust the ability to make decisions on your behalf if you cannot. This can ensure there’s someone taking care of your affairs and advocating on your behalf if you’re ill or lose mental capacity. Naming an LPA is an...
Do you have a gap in your National Insurance record? Checking now could boost your State Pension
The rules around filling in a gap in your National Insurance (NI) record are changing. From 5 April 2023, you will only be able to make voluntary contributions for the past six years. If you have gaps in your record, filling them in now could boost your retirement...
After the risk of pensions collapsing made headlines, here’s how your retirement savings are protected
Recently, you may have read headlines about how pension funds were close to collapsing. Naturally, you may be worried about your retirement savings and what protection is in place. Read on to find out. In September, former chancellor Kwasi Kwarteng delivered a...
6 essential steps to take if you’re retiring in 2023
If you’re retiring in 2023, congratulations! It’s an exciting milestone that you’re no doubt looking forward to. Here are six practical steps to take now to make sure you can retire with confidence and be financially secure. 1. Set a retirement date One of the...
Investment market update: September 2022
High levels of inflation and economic uncertainty continue to plague the investment markets. Investment portfolios are likely experiencing volatility – read on to find out what has been influencing markets. Despite the doom and gloom statistics, financial services...
10 simple ways to cut your carbon footprint and reduce your energy bills
Reducing your energy consumption can be a great way to cut your carbon footprint, lessening your personal impact on the environment and potentially helping to limit the devastating effects of climate change. As living costs and the price of energy are soaring, taking...
5 amazing British films to enjoy this winter
With the 2022 British Film Institute (BFI) London Film Festival captivating cinema fans from 5 to 16 October, there’s no better time to look over the best British pictures from the last decade. From war films to social commentaries, British cinema has provided...
8 useful tips for communicating effectively in the digital age
How you communicate with everyone from your family to colleagues has changed enormously over the last few decades. While the tools we use to connect have changed, what’s remained important is communicating effectively. Read on to discover some tips for doing so in the...
More people are turning to equity release to boost their income. Find out why here
The amount of wealth that’s accessible through equity release is on the rise. It’s something more people are using to boost their income later in life for a variety of reasons. Read on to find out what equity release is and why people are using it. You could use...
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