Family Financial Planning
This guide is designed to help aspiring first-time parents with their financial planning. It explains why having and raising children can be such a financial challenge, gives details of the biggest financial pain points you will probably go through as a parent, and offers some suggestions for how to manage them.
Why saving beyond pension tax relief limits might not be a bad idea
Limits on the amount of money you can build up in a pension each year and over your lifetime whilst qualifying for pension tax relief have been getting tighter. But it doesn’t follow that you should stop saving in a pension even if you might find yourself over these limits. Whilst we strongly recommend a conversation with a financial adviser in order to make the choice that is right for you, we hope that this guide will get you thinking about your options and understanding the issues.
Power of Attorney explained
This guide goes through the key things people need to think about before deciding to act as an attorney.
Topping up your State Pension
If you want to see if you could boost your State Pension so you have more money in retirement, this guide is for you.
Decoding your tax code
If you receive a wage or a pension, your employer or pension provider is required to deduct any income tax due before the payment is made.
Five things to consider before opening a branch at the 'Bank of Mum and Dad'
This guide highlights the pros and cons of lending adult children money, also known as 'opening a branch at the Bank of Mum and Dad'.
Five good reasons to transfer out of your company pension....and five good reasons not to
This guide is designed to present you with options to consider when deciding whether or not transfer out of a DB Pension.
Financial scams come in many forms and are increasing rapidly. Royal London shows you how to spot and deal with scams.