As we come to the end of this difficult year, the effects of the pandemic are still playing out. While there is good news on the efficacy of vaccine trials, there is still some way to go before we regain a sense of normality.
Many have seen a dip in incomes, with both investment and pension portfolios affected by market turmoil over the year. We look at the need for ensuring your portfolio is suitably diversified, as well as the impact on retirement plans.
Elsewhere savers have been hit by interest rate reductions, while pandemic confusion has seen a huge rise in fraud schemes and scams. One way you can take some control, however, is in your year end tax planning, making the most of your reliefs and allowances before expected tax changes in the spring.