Times have been unusually tough for a lot of people in recent years. Even people with a decent income have been squeezed by inflation. For them, the process of budgeting extends beyond mere expense tracking. It’s about strategically managing resources to sustain and grow wealth, aligning spending with values, and preparing for future financial goals. […]
Latest News from Radcliffe Cooper
This section is regularly updated to bring you news of important developments in financial planning matters.
With the Bank of England due to make a decision on rates on Thursday this week, market data analytics business LSEG believes that investment markets are pricing in on a 60% chance of a rate cut now, with more confidence of a rate cut by September and an expectation of two cuts by the end […]
Pensions have been a big topic in UK politics for some time, nevermore so than in an election year. That’s no surprise to us given their crucial role in the financial security of millions of citizens, but not everyone is as interested and engaged in pensions as we are! Here’s a quick summary of why […]
Introduction In recent years, the landscape of philanthropy in the United Kingdom has undergone a significant transformation. Traditionally viewed as an act of charity or goodwill, philanthropy is increasingly being recognized as a strategic investment with the potential for meaningful social impact. This shift reflects a growing awareness among individuals and institutions of the power […]
Introduction June 2024 was a big month for global financial markets, marked by significant volatility and key economic developments. The interplay of geopolitical tensions, economic data releases and central bank policies shaped market sentiments across various regions. UK Rishi Sunak’s gamble on an early, snap election doesn’t appear to be paying off, despite some of […]
The concept of a “safe withdrawal rate” is a common ‘rule of thumb’ in retirement planning, used to determine how much you can withdraw from your retirement savings each year without running out of money. The safe withdrawal rate helps retirees manage the risk of outliving their assets, balancing the need for current income against […]
Overall Market Backdrop, June: UK and US interest rates remain unchanged. Election setback hist India’s market. Artificial Intelligence (AI) continues to surge. Click here to read more
Introduction The global financial markets continue to grapple with a complex mix of geopolitical tensions, inflationary pressures, and evolving central bank policies. The past year has seen significant shifts in market dynamics, with varying impacts across different regions. This commentary provides an overview of the key factors influencing financial markets in the UK, Europe, the […]
Overall Market Backdrop, May: UK Interest rates remain unchanged at 5.25%. Market concentration highlights the importance of diversification. Trade tensions rise as new U.S-China tariffs are imposed. Click here to read more
As a higher rate earner in the UK, you can claim additional tax relief on your pension contributions. We are here to help you claim it, but here’s a reminder about how it’s done: Check Your Tax Bracket: Higher rate taxpayers in the UK are eligible for 40% tax relief on pension contributions. Additional rate […]