Professional Financial News
The mortgage guarantee scheme and what it means for you
The government have introduced a scheme to help many get on the property ladder as it is designed to increase the number of 95% loan-to-value mortgage…
Savings increase during lockdown
37% of the UK population have managed to put away more money during lockdown, as daily expenditure on commuting and leisure activities dramatical…
Supporting family in retirement
Third of retirees financially supporting family A third of potential retirees continue to financially support their families, with regular han…
Spring 2021 UK Budget Summary
Chancellor Rishi Sunak has unveiled the details of his Budget in the House of Commons and here are some key points. What you need to know: &nbs…
How being married can save you money in the long run
With Valentines fast approaching here are some financial advantages to tying the knot. Although the average cost in the UK of weddings is now over &po…
New year financial checklist
Getting financially fit for a new way of life. With millions of people having been affected financially by the pandemic, it is possible that your fin…
Power of Attorney potential refunds!
1.3 million people are owed refunds from Power of Attorney applications. Only 400,000 refunds have been claimed so far, leaving over a million people …
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
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
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
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
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?
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
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
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
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
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
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
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
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…
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