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Novus Wealth Management blog image for How past efforts and losses might affect your decisions today

April 10, 2025 | 09:23

How past efforts and losses might affect your decisions today

 If you’ve invested time, money, or emotions into a decision that doesn’t work out how you expected, the sunk cost fallacy might mean you stick with it, even if there are better alternatives. Find out how previous efforts could affect your financial decisions.

Novus Wealth Management blog image for Investment market update: March 2025

April 10, 2025 | 09:21

Investment market update: March 2025

US tariffs and growing uncertainty in Ukraine led to volatility in investment markets in March 2025. Find out what else may have affected the performance of your investments.

Novus Wealth Management blog image for Why you should make registering a Lasting Power of Attorney a priority

April 10, 2025 | 09:16

Why you should make registering a Lasting Power of Attorney a priority

A survey suggests just 8% of people have registered a Lasting Power of Attorney. For some, it means decisions, like being discharged from the hospital, are delayed because there isn’t someone to act on their behalf. If you haven’t named an attorney, find out how it could improve your security.

Novus Wealth Management blog image for Half of adults reconsidering their retirement plans ahead of 2027 Inheritance Tax changes

April 10, 2025 | 09:13

Half of adults reconsidering their retirement plans ahead of 2027 Inheritance Tax changes

From April 2027, pensions will likely be included in estates when calculating Inheritance Tax liability. The potential upcoming change has led to more than half of UK adults planning to adjust their retirement or estate plan. If you’re concerned, there are options, but it’s important to take the time to understand the potential implications.  

Novus Wealth Management blog image for 4 reasons to remain calm amid market volatility and uncertainty

April 10, 2025 | 09:10

4 reasons to remain calm amid market volatility and uncertainty

Global uncertainty means your investments and the wider market may be experiencing more volatility than usual. While it might be difficult to do so, remaining calm and focusing on your investment strategy is often a long-term approach that makes financial sense.

Novus Wealth Management blog image for Why an effective financial plan might involve spending more

April 10, 2025 | 09:06

Why an effective financial plan might involve spending more

You might associate a financial plan with being more frugal. Yet, there are times when spending more could make sense, especially if it supports your goals and wellbeing. Find out why your financial plan could encourage you to increase your outgoings.

Novus Wealth Management blog image for Your Spring Statement update – the key news from the chancellor’s speech

March 26, 2025 | 13:00

Your Spring Statement update – the key news from the chancellor’s speech

The chancellor has delivered the government’s Spring Statement. Here’s a useful summary of the key measures Rachel Reeves announced in her speech.

Novus Wealth Management blog image for How to pass on assets to vulnerable family members

January 14, 2025 | 13:18

How to pass on assets to vulnerable family members

When creating an estate plan, you might want to pass assets to loved ones who cannot manage their finances themselves. In some cases, a trust could be a valuable option to consider, and some questions might help you understand if it could be right for your goals.

Novus Wealth Management blog image for 5 useful allowances and exemptions that will reset at the end of the tax year

January 14, 2025 | 13:14

5 useful allowances and exemptions that will reset at the end of the tax year

The end of the tax year is approaching and some key allowances will reset. Find out more about five useful tax allowances that could reduce your overall tax bill and form part of your financial plan.

Novus Wealth Management blog image for Research: Financial stability could be the key to retirement happiness

January 14, 2025 | 13:11

Research: Financial stability could be the key to retirement happiness

Research seeking to uncover the secret to happiness in retirement has found a common theme – financial stability. For many, that doesn’t mean generating huge sums, but understanding their income. Discover some of the reliable income sources you might receive in retirement and how financial planning could help.

Novus Wealth Management blog image for Plans changed? Updating your financial plan could offer reassurance

January 14, 2025 | 13:09

Plans changed? Updating your financial plan could offer reassurance

Sometimes your plans might change due to a decision you’ve made or factors outside of your control. Unexpected changes may be a cause of apprehension, but reviewing and updating your financial plan could give you confidence.

Novus Wealth Management blog image for Could weekend exercise offer you the same benefits as regular workouts?

January 14, 2025 | 13:06

Could weekend exercise offer you the same benefits as regular workouts?

If you struggle to fit regular exercise into your daily routine, you’re not alone. Find out how weekend exercise could offer you the same benefits as regular workouts, and how you can make the most of intermittent fitness.

Novus Wealth Management blog image for Investment market update: December 2024

January 14, 2025 | 13:03

Investment market update: December 2024

 Political instability in Europe and further afield led to market volatility in December 2024. Yet, as the end of the year approached, there were investment market highs and reasons to be optimistic too.