Despite their potential for higher returns, Stocks and Shares ISAs saw a decline in subscriptions, highlighting a need for improved financial literacy and awareness among UK investors.
As of 2024, the UK housing market faces persistent affordability challenges, with median house prices at £290,000, despite a slight improvement in the price-to-income ratio due to rising earnings.
UK millennials face a pension crisis, with 59% struggling to save for retirement amidst high living costs and changing employment patterns, raising urgent concerns for their financial future.
Estate planning is essential for young families in the UK, ensuring assets are distributed as intended and providing for loved ones, with key components including wills, guardianship appointments, trusts, and navigating inheritance tax.
Selling your home in the UK involves understanding Capital Gains Tax (CGT) implications, with exemptions like Principal Private Residence Relief (PPR) potentially shielding homeowners from taxable gains.
