With the changes in the Spring Budget announced on 15th March, it highlighted the need to address the disparity between women and men’s finances once again.

New funding for early education and childcare was a welcome change for many families, especially for mothers. Even in families where the mother was the main earner before having a child, they’re much more likely than their partner to give up work or reduce their hours after becoming a parent. The expansion of childcare support will provide women with more flexibility and a greater opportunity for them to continue thriving in their careers.

In this report, we have updated our figures to set out what we believe to be the most competitive rates on the various types of personal deposit accounts available at the moment. These accounts are also protected by the Financial Services Compensation Scheme (FSCS) where if a provider fails, the FSCS will pay out an amount of £85,000 per person, or £170,000 for a joint account.

If the account is with NS&I, who is backed by HM Treasury, your full balance is protected. While the rates with NS&I are no longer market leading, this feature is still particularly useful when looking to place large sums, for example, following the sale of a property. The rates quoted may be subject to change and should be checked with the relevant provider before applying.

In this report, we have updated our figures to set out what we believe to be the most competitive rates on the various types of personal deposit accounts available at the moment. These accounts are also protected by the Financial Services Compensation Scheme (FSCS) where if a provider fails, the FSCS will pay out an amount of £85,000 per person, or £170,000 for a joint account.

If the account is with NS&I, who is backed by HM Treasury, your full balance is protected. While the rates with NS&I are no longer market leading, this feature is still particularly useful when looking to place large sums, for example, following the sale of a property. The rates quoted may be subject to change and should be checked with the relevant provider before applying.

The pension scene is continuously changing and the State pension is no different. This makes it increasingly challenging to stay up to date on an already complicated area. Here we set out the important State Pension changes expected in 2023.

WELCOME TO OUR AUTUMN NEWSLETTER

For various reasons, we’ve had a bit of a break in our communication with you and so I’m delighted to send you our Autumn Newsletter where we’ve got a lot to tell you!

Fraudulent activity remains at an all-time high, with scammers having developed more sophisticated systems and means of utilising technology following the pandemic, they continue to use current events such as the cost of living and energy crisis as opportunities to strike and take advantage of the vulnerable.

At every stage of the Financing planning process and services we provide at BFP, we look at how we can best meet the needs of our vulnerable clients and are passionate about providing the best possible outcomes for our clients. Here we set out some common scams and what you or your loved ones can do to avoid them.