10 ways to reduce your tax bill
Being tax smart means knowing the basics about how tax affects your life and money. Here are 10 ways to reduce your tax bill, which could make your money go further for you and your loved ones. Personal savings allowance You’re entitled to receive some interest on your savings tax-free every year, depending on your […]
Junior ISA
In the Autumn Budget in 2021, it was revealed that the Junior ISA spending limits would remain at £9,000 for the 2022/2023 tax year. The JISA limit was last changed in early 2020, when it was doubled from £4,500 to its current level. JISA and CTFs both benefitJISAs replaced Child Trust Funds (CTF) in 2011, […]
Myths about retirement
When it comes to retirement, there are some ideas that can turn out to be quite different when you examine them closely. We explore five of them. You can live off the state pension aloneThe current basic state pension is £137.60 per week, or£179.60 for the new state pension if you were born on orafter […]
Reckless Caution Is Costing Savers
New research from The Openwork Partnership, one of the UK’s largest and longest established financial advice and investment networks, shows more than 11.6 million are keeping all their money in cash despite ongoing low rates. Its nationwide study found 22% of adults prefer to keep all their money in cash while the same number will […]
2022 Investment Outlook
The Omnis Investment Outlook is now live – where Omnis have identified five key issues they think are going to determine the outlook for economic growth, inflation and interest rates. To read the Investment Outlook click the link below https://omnisinvestments.turtl.co/story/omnis-investments-2022-investment-outlook/page/1
National Insurance Set to Rise in April 2022
National Insurance contributions are set to increase by 1.25% in April this year, as part of the government’s plans to fund the health and social care sector in the UK. The rise comes after the impact of the Covid-19 pandemic on the health and social care sector which has resulted in a substantial backlog. Therefore, […]
Are you making the most of your ISA allowance?
In the Financial Lives 2020 survey from the FCA, it has been found that older adults were more likely to hold a savings account of any type, than younger adults. For example, 83% of those aged 55+ did, compared with 63% of 18–24-year-olds. So, how could an ISA help you? ISAAn ISA is an individual […]
Things to avoid when investing
To keep your investments from losing value or slowing the growth of your as- sets, avoid these common investing mistakes. There are more risks and opportunities than ever for investors to navigate in today’s rapidly evolving markets. Here are four approaches we believe every investor should follow. Don’t pile into cash – stay invested The […]
Investment Update – Inflation and Omicron set the scene for investors
Markets signed off the year amid high inflation rates and renewed concerns over the coronavirus. The Omicron variant of the coronavirus unsettled markets at the beginning of December, with investors unsure about how renewed restrictions on socialising and travel will affect the global economy. The Organisation for Economic Cooperation and Development (OECD) urged national leaders […]
The Omnis Investment Club podcast: Episode 46
The latest Omnis Investments Podcast