Chambers Smith Financial Planning

A survey by Reuters has revealed only 25% of UK households are optimistic about their family’s future. Financial security is clearly a huge worry at the moment.

In today’s blog post, we’re looking at why this is, and the steps you can take immediately to improve how you feel about your family’s financial future. Click through to read, and get in touch to talk through your worries: 01332 501150 / [email protected]

Revealed: Only 25% of UK households are optimistic about their family’s future financial security - Chambers Smith Most people in the UK are pessimistic about their family’s future. Here's how to improve the financial security of younger generations.

Financial wellbeing is vital for having a good relationship with money, adding peace of mind and helping remove the usual money stresses.

But how to get to that point? We’ve produced a guide on the 4 steps to creating a financial wellbeing plan that gives you the building blocks to construct your own wellbeing. Click through to read, and feel free to share with anyone you feel could benefit.
https://chambers-smith.co.uk/wp-content/uploads/2023/04/chambers-smith-guide-april-2023-vis2.pdf

The news has been full of fears of recession. So why did the FTSE 100 hit a record high in February?

In today’s blog post we’re explaining what the FTSE 100 is, why it made headlines, and the lessons you can take from this news. Click through to read 👇🏼

https://chambers-smith.co.uk/why-did-the-ftse-100-reach-an-all-time-high-despite-recession-fears/

We hope you all have a wonderful Easter weekend!

Our offices will be closed from 5pm today until 9am on Tuesday 11th. If you need to contact us urgently, please email Dan directly.

We’re now into April and looking forward to some nicer weather, but what happened in March in the world of investments?

Click through to read our summary of the main economic news from last month.

Investment markets update: March 2023 - Chambers Smith Investment markets have been volatile as concerns over inflation remain – here are the factors that affected global economies in March 2023.

Many people fall into the trap of thinking hindsight can help them accurately predict what investment markets will do in the future, when it’s actually time spent invested that can be the most beneficial for your money.

In today’s blog post, we’re investigating 5 inaccurate predictions made by experts that really show why “time in the market” is far more important than “market timing”.

5 inaccurate expert predictions that prove why you shouldn’t try market timing - Chambers Smith It can be tempting to try market timing to make the most of your investments, but even predictions by experts often don't come true.

Many of us have accumulated multiple different pensions held in multiple different places over the course of our working lives. But how on earth does one go about getting them all into one place, and is that even the best plan?

We’ve produced a new Guide on Pension Consolidation which looks to answer those questions and provide other information you may need 👇🏼

We can also help answer any other questions you may have regarding your pensions – get in touch: 01332 501150 / [email protected]
https://chambers-smith.co.uk/wp-content/uploads/2023/03/chambers-smith-guide-march-2023-vis1.pdf

Yesterday the Chancellor Jeremy Hunt delivered the Spring budget. We've shared on our site the key news from his statement and a roundup of the winners and losers as a result - both are linked below.

If you have any questions at all about how the changes from this budget might affect you, get in touch: 01332 501150 / [email protected]

https://chambers-smith.co.uk/all-the-winners-and-losers-from-the-2023-spring-budget/

https://chambers-smith.co.uk/your-spring-budget-update-the-key-news-from-the-chancellors-statement/

All the winners and losers from the 2023 spring Budget - Chambers Smith If you want to know how the spring Budget affects you, here are all the winners and losers from the chancellor’s latest fiscal announcement

Jeremy Hunt's 2023 Budget is due to be announced today at 12:30pm. We're expecting to see an extension of the energy bill, additional childcare provision, and a change to the Pension Lifetime Allowance, amongst other items that could affect you.

We'll be sharing a blog post shortly afterwards with a summary of all changes, and a special edition newsletter will be issued to our mailing list. To join the list, get in touch: [email protected].

As part of our monthly newsletter to our clients, we feature a session with our Financial Planner and Managing Director, Dan, where he answers some of the questions he's been asked through the course of the previous month.

Here's a taster of the Q&A from March's newsletter. If you'd like to be signed up to receive useful monthly info, drop us an email: [email protected]

Please Note: This is for general information only and does not constitute advice. The information is aimed at retail clients only.

The end of the 2022/23 tax-year is less than 4 weeks away - are you fully prepared? Have you used fully used your tax allowances?

If you aren't sure of the answer to either question, get in touch with us today: [email protected] / 01332 501150

Today is International Women's Day, and to play our part in the 2023 theme of we're sharing 5 things that could improve women's long-term financial wellbeing.

Ensuring our clients receive good outcomes is a key focus of the work we do, and this just isn't possible without assisting with financial independence for women. Click though to read more, and we're here to answer any questions or discuss any concerns: [email protected] / 01332 501150.

International Women’s Day: 5 things to improve your long-term financial wellbeing - Chambers Smith To mark International Women’s Day, find out what you could do to improve your financial resilience and have confidence in the future

We found out in February that the UK narrowly missed a recession in 2022. But what's the outlook for 2023, and what's happened in the economy over the last month?

This week's blog post shares the economic and investment market news from February 👇🏼

Investment markets update: February 2023 - Chambers Smith Economists warn there's a still a recession risk in 2023. Here's the other important news on investments markets from February 2023.

It was back in 2022 when Jeremy Hunt's Autumn Statement announced key changes to the tax regime for the upcoming 2023/24 tax year. In case you need a reminder of what these were and how they could affect you, we're sharing today's blog post with the info you need.

3 key autumn statement changes you need to be aware of for the new tax year - Chambers Smith The autumn statement announced many changes for the upcoming 2023/24 new tax year. Read about all here, including how they could affect you.

Unbelievably, it's March next week, which means April, Easter, and the end of the 2022/23 tax year will be here before we know it.

Once the tax year ends, many allowances are reset. You might not know which allowances these are, or how they can benefit you, but we've got you covered. Click through to find our 2022/23 end of tax year guide, containing everything you need to know about how allowances can reduce your tax liability.
https://chambers-smith.co.uk/wp-content/uploads/2023/01/chambers-smith-guide-january-2023-vis3.pdf

Happy Valentine's Day! Whilst we're all for a bit of love and romance, we're a financial planning firm, and we know that long-term security can be the bedrock of a solid partnership.

We've written about the savvy financial reasons to get married especially for today. Marriage, or civil partnership, can have some surprising financial benefits - click through to find out more.

6 savvy financial reasons to get married - Chambers Smith Discover six financial reasons to get married that could boost your finances and make you and your partner more secure

You may have seen talk of recession in the news recently, following some experts predicting such for the UK and global economies.

This can sound worrying, which we understand. Our blog post today shares 5 tips for investors in the face of recession predictions, including the important things to remember.

5 useful tips for investors as experts predict a recession - Chambers Smith As experts predict the UK and other economies could enter a recession in 2023, here are some things you should keep in mind as an investor.

Our client feedback exercise at the end of 2022 yielded some wonderful comments and useful areas to work on. We've summarised it all on our website - click through for insights.

https://chambers-smith.co.uk/2022-client-survey-results/

January seemed to go by incredibly slowly, and there was a lot of news. We've summarised the investment markets and economic news for you - click through to today's blog post.

In next month's edition of this series, we will be able to update on what, if any, effects today's expected interest rate rise has had.

Investment markets update: January 2023 - Chambers Smith Economies around the world are still at risk of falling into recession. Find out what affected investment markets in January 2023.

The lunchtime it has been announced that the Bank of England is raising interest rates from 3.50% to 4.00%, the highest base rate since October 2008.

Although inflation appears to have eased very slightly in the last few months, experts feel the Bank still needs to take action to tackle the issue. Economists also predict one further rate rise in 2023, before a decrease towards the end of the year.

If you are a client of ours, we should have already spoken with you about the current economy and your portfolio. However, whether you're an existing client or not, if you have any questions or concerns at all, please get in touch to talk them through - 01332 501150 / [email protected]

ISAs can be an incredibly useful part of your financial planning, offering a wide range of options for different people. But where do you start, and how could they help you?

We've put together a useful guide to ISAs to help with answering any questions you may have and provide information only on these products. Follow the link, and let us know if you have further questions or want to explore how using ISAs could help you - 01332 501150 / [email protected]
https://chambers-smith.co.uk/wp-content/uploads/2023/01/chambers-smith-guide-february-2023-vis2.pdf

Scammers are always on the prowl, but as the cost of living rises they're taking advantage of financial worries with some new tactics.

In today's blog post we're sharing three newer scams to watch out for and how to avoid them.

The cost of living crisis is giving scammers more opportunities. Here are 3 scams to watch out for - Chambers Smith Criminals are using the cost of living crisis to target victims using elaborate scams. Here's info on how fraudsters target victims.

We may be into 2023, but there's still important investment market and economic news from the last month of 2022 you might need to know. Click through to get to today's blog post.

Remember, if you have any worries about anything mentioned, we're here to talk them through: 01332 501150 / [email protected]

Investment markets update: December 2022 - Chambers Smith 2022's uncertainty and volatility looks set to continue into 2023. Find out what affected the investment markets in December here.

The Chambers Smith office is officially open again. We all had a fantastic Christmas break and hope you all had similar. 2023 is Go!

Happy New Year from all at Chambers Smith. We wish you the very best from 2023.

Merry Christmas to you from all at Chambers Smith!

Our offices will be closed from 4:45pm today until Tuesday 3rd January 2022. However, if you have any urgent queries in the intervening period, please do email us.

We hope everyone is able to enjoy the festive season, and we'll see you all when we return in January.

Would you like to improve your financial wellbeing in 2023 and beyond? Do you have a mental to-do list of financial admin with which you're not sure where to start?

If so, our handy guide is here to help - 10 New Year Resolutions that could boost your financial wellbeing! Click through to get started, and get in touch if you need additional assistance: 01332 501150 / [email protected]
https://chambers-smith.co.uk/wp-content/uploads/2022/11/chambers-smith-guide-december-2022-vis2.pdf

Christmas is rapidly approaching. With family members all coming together, it's a perfect time to make sure everyone is safe and secure.

Our blog post today is all about how you can protect vulnerable family members from financial abuse, a situation that is sadly too common.

How to protect vulnerable family members from financial abuse - Chambers Smith Every year, millions of pounds are stolen, defrauded, or coerced from vulnerable people. There are signs of financial abuse to watch out for.

Our 2022 client feedback exercise is now complete, and as well as being beyond grateful for the wonderful comments, we've also received incredibly useful opinions. Here's a small selection of just some of our favourites!

Experts have predicted the UK will be in recession in 2023. That news can sound concerning, so in today's blog post we're sharing why knee-jerk reactions may not be better than sticking to long-term plans for your investments.

Experts forecast a recession in 2023. Here’s why and what it means for your investments - Chambers Smith The UK is expected to face a recession in 2023. In most cases, sticking to your long-term plan makes financial sense. Find out why here.