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What is the easiest way to become a billionaire?
According to a recent study, there are 2,208 billionaires in the world. And, FYI their average wealth is $4.1bill (£3.1bill). Working 9 til 5 is not going to make you a billion. Most billionaires…
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Can you explain tax-relief on pensions?
Money put into a pension gets full income tax-relief which is a saving of 20%, 40% or 45% depending on which income band you are in. But how you receive the relief depends on…
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What is a SIPP and is it better than a work pension?
Read after me, Self Invested Personal Pension, aka SIPP. You can open these with an online broker or pension provider, think: Aviva, Aegon, … SIPPs provide more investment flexibility than work pensions because you can…
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How can I invest my money ethically?
Through buying shares in or lending money to companies which are in line with your social and environmental beliefs. Usually companies regarded as ‘ethical’ look to have a positive impact on society, treat employees fairly,…
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How to achieve financial security by retirement?
In short, start your pension as early as possible and aim to get at least the equivalent of 10% of your earnings in there. This target has been made easier by the new…
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Can my husband take time off to look after our baby?
Yes! In 2015 the government launched Shared Parental Leave, which lets you share your leave with your partner. How does it work? If you finish your Statutory Maternity Leave early then your husband…
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I am planning to have a baby, what maternity pay will I get?
It’s good you are planning ahead because to qualify for maternity leave you need to follow some rules: You have to work continuously from 41 to 15 weeks before your due date (translation:…
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Can I get Maternity Pay if I am self-employeed?
Sorry to be the bearer of bad news…you won’t get Statutory Maternity Pay BUT there is a silver lining as you could get Maternity Allowance. This pays £140 a week for 39 weeks…
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If I don’t write a will what will happen with my estate?
If you die without a will your home, savings and other assets, aka your 'estate', will be divided and given away on fixed rules set by the UK Gov. If you have a…
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I am looking for a stock & shares ISA. Can you help?
Stocks & Shares ISAs (aka Investment ISAs) are available from banks or brokers and most give online access to a large range of investments, think: shares, bonds, funds, … So unless you are…
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