by Tom Richards | Mar 7, 2023 | HW Insights
When providing financial advice there are two types, Independent Financial Advice (IFA) and Restricted Advice. But what are the differences and how does this affect the advice you receive? Independent Financial Advice As the name suggests, if an adviser or company is...
by Tom Richards | Feb 28, 2023 | HW Insights, Pensions
What counts towards the annual allowance? What happens if I exceed the annual allowance? What if I haven’t used all my allowance? Tapered annual allowance for income over £260,600 from April 2023. Money Purchase annual allowance How can Howard Wright help me?...
by Tom Richards | Feb 21, 2023 | HW Insights, Pensions
What is the State Pension? Is the State Pension value for money? Should I top up my State Pension? Should I defer my State Pension? It is our belief at Howard Wright that the state pension is a fundamental cornerstone of any retirement or financial plan. In...
by Tom Richards | Feb 14, 2023 | HW Insights, Retirement
How much do I need to save for retirement? What do I need to do to retire? These are some of the most common questions that we hear from new and existing clients at Howard Wright. If you google these questions, you will find website after website giving generic...
by Tom Richards | Feb 7, 2023 | HW Insights
What is Inflation? What is Deflation? How does Inflation affect me / you? Is Inflation a bad thing? Very simply inflation is the increase in the cost of living over a 12-month period. The figure we hear about the most in our news feeds is called the Consumer Prices...
by Tom Richards | Jan 31, 2023 | HW Insights
What is a recession? What is gross domestic product? How does a recession affect me? In recent months the UK, as well as many other countries around the world have been experiencing high levels of inflation. This has led to many central banks and governments utilising...
