Professional Financial News

Rediscovering what you already have

Rediscovering what you already have

In recent weeks, there has been an 800% rise in Brits searching for ‘Staycation UK’, as the uncertainty surrounding international travel d…

Emergency Job Scheme Announced

Emergency Job Scheme Announced

As the furlough scheme draws to an end on the 31st October, Rishi Sunak has announced a new support package. The Job Support Scheme will come into for…

Minimum age to access private pensions set to increase from 55 to 57

Minimum age to access private pensions set to increase from 55 to 57

It has been confirmed the minimum age for accessing a private pension will increase from 55 to 57, in 2028. The current age to access your retirement …

Top tips for first time buyers

Top tips for first time buyers

How to make purchasing your first home that little bit easier.   Stay at home. Continuing to live with parents may be a cheaper alternative to …

Stamp Duty Changes

Stamp Duty Changes

On the 8th July the Chancellor unveiled that stamp duty on house purchases up to £500,00 would be temporarily removed. In addition, house prices…

Income Protection – why is it worth considering?

Income Protection – why is it worth considering?

If you were unable to work due to sickness or ill health, how far would your savings go?   What is Income Protection? Income protection is a t…

Coronavirus Job Retention Scheme

Coronavirus Job Retention Scheme

On 20th March, Rishi Sunak announced a Coronavirus Job Retention Scheme to prevent thousands of job losses due to the global pandemic. The furlough sc…

Intestacy Rule Changes

Intestacy Rule Changes

On the 6th February 2020 the Government decided to increase the amount a spouse will receive should their partner die without making a Will. This amou…

LF Woodford Income Focus Fund Suspension lifted

LF Woodford Income Focus Fund Suspension lifted

Link Fund Solutions have now confirmed that they will be lifting the suspension on the LF ASI Income Focus Fund (formerly known as LF Woodford Income …

Why saving into a pension in your 20s is important

Why saving into a pension in your 20s is important

 We have put together a list of 5 helpful tips to consider to make sure you get the most out of your retirement:  1. Start saving as soon …

New Year Financial Resolutions

New Year Financial Resolutions

Firstly, Happy New Year from all at Red IFA and we hope that 2020 is your best year yet! Here are some points to consider as we begin a new year: &nb…

Suspension of M&G Property Portfolio

Suspension of M&G Property Portfolio

One of the UK’s biggest property funds M&G Property Portfolio that is worth £2.5bn has been temporarily suspended. The firm have said …

The deadline to open a Help to Buy ISA is approaching

The deadline to open a Help to Buy ISA is approaching

Calling all first-time buyers! On the 30th of November the Help to Buy ISA will be closed to new investors. All you need is a mini…