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Novus Wealth Management blog image for Your Autumn Budget update – the key news from the chancellor’s statement

October 31, 2024 | 15:18

Your Autumn Budget update – the key news from the chancellor’s statement

The chancellor has delivered the Labour government’s first Autumn Budget. Here’s a useful summary of the key measures Rachel Reeves announced in her statement

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

October 26, 2024 | 10:10

Investment market update: September 2024

While there has been some positive news, data suggests many economies struggled in September 2024, particularly manufacturing sectors. This led to volatility in investment markets. Read about some of the factors that may have affected your investments.

Novus Wealth Management blog image for 6 lifestyle tips that could reduce your biological age

October 26, 2024 | 10:08

6 lifestyle tips that could reduce your biological age

New research suggests that it’s possible to slow – or even reverse – your biological age. Read on to discover how your biological age is measured and six lifestyle tips that could help you feel younger.

Novus Wealth Management blog image for Why inflation solutions should remain part of your long-term financial plan

October 26, 2024 | 10:06

Why inflation solutions should remain part of your long-term financial plan

The rate of inflation has stabilised and is near the Bank of England’s 2% target. Yet, inflation solutions are still likely to be an important part of your long-term financial plan, and overlooking it could mean you face a shortfall.

Novus Wealth Management blog image for 2 important tax considerations if you’re returning to work after retiring

October 26, 2024 | 10:04

2 important tax considerations if you’re returning to work after retiring

Around 2.8 million retirees plan to return to work. It’s a move that could support your finances and wellbeing, but it might also make your tax liability more complex. Discover two tax considerations you might want to keep in mind if you decide to come out of retirement.

Novus Wealth Management blog image for Could a financial plan give you the confidence to retire sooner?

October 26, 2024 | 10:02

Could a financial plan give you the confidence to retire sooner?

Taking the plunge and retiring can be daunting. After all, it could represent a huge change to your lifestyle. If nerves are holding you back, setting out your retirement goals as part of your financial plan could give you the confidence boost you need.

Novus Wealth Management blog image for 3 insightful pieces of data that could help you remain calm during market volatility

October 26, 2024 | 10:00

3 insightful pieces of data that could help you remain calm during market volatility

If investment market volatility makes you feel nervous, it could lead to you making decisions that don’t align with your long-term financial plan. These three pieces of data demonstrate why taking a long-term view and remaining calm is often the best course of action.

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

July 25, 2024 | 13:44

Investment market update: June 2024

General elections taking place around the world, including in the UK and France, led to some market volatility in June 2024. Find out how your portfolio may have been affected and other factors that influenced the market.

Novus Wealth Management blog image for How “time travelling” as part of your financial plan could help you secure your goals

July 25, 2024 | 13:43

How “time travelling” as part of your financial plan could help you secure your goals

A chance to take a glimpse into the future could help you make better financial decisions that support your long-term goals. The good news is you don’t need a DeLorean to “time travel”; a financial plan could help you see the potential outcome of your decisions

Novus Wealth Management blog image for Higher-rate taxpayers: Beware of the 60% tax trap

July 25, 2024 | 13:41

Higher-rate taxpayers: Beware of the 60% tax trap

Around 1.35 million people were affected by the tapering of the Personal Annual Allowance in 2023/24. It could mean their Income Tax bill was higher than expected because they fell into the 60% tax trap.

Novus Wealth Management blog image for 10 surprising benefits of gardening

July 25, 2024 | 13:37

10 surprising benefits of gardening

Summer is the perfect opportunity to spend more time in your garden. As well as creating a beautiful outdoor space to relax or entertain in, read on to discover 10 surprising benefits of gardening.

Novus Wealth Management blog image for Why mental shortcuts could harm your financial decision-making skills

July 25, 2024 | 13:34

Why mental shortcuts could harm your financial decision-making skills

Mental shortcuts, known as “heuristics”, are essential for making subconscious decisions. Yet, they could be harmful when you’re making important decisions and allow bias to affect your judgement. Discover four cognitive biases and how they may affect you.

Novus Wealth Management blog image for Why the “4% rule” could put your retirement finances at risk

July 25, 2024 | 13:31

Why the “4% rule” could put your retirement finances at risk

The “4% rule” sounds like a simple way to manage your pension withdrawals. Yet, it could be risky for modern retirees as the assumptions the rule uses may no longer apply.

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

April 26, 2024 | 13:59

Investment market update: March 2024

There are signs that economies are overcoming inflation challenges and recession risks. Find out what may have affected investment markets and your portfolio in March 2024.

Novus Wealth Management blog image for 6 delicious holiday destinations that promise to be perfect for foodies

April 26, 2024 | 13:58

6 delicious holiday destinations that promise to be perfect for foodies

One of the joys of travelling is that you can sample exotic cuisines. With that in mind, read on to discover six holiday destinations that are ideal for foodies.

Novus Wealth Management blog image for 3 valuable ways business owners could extract profits

April 26, 2024 | 13:44

3 valuable ways business owners could extract profits

As a business owner, you might want to extract profits from your business to support your current lifestyle and your long-term goals. Read this article to discover the three main routes and the potential tax implications you may need to factor into your decisions.

Novus Wealth Management blog image for 6 in 10 Brits are unaware their pension is usually outside of their estate

April 26, 2024 | 13:41

6 in 10 Brits are unaware their pension is usually outside of their estate

Your pension usually sits outside of your estate, so it could present a way to tax-efficiently pass on wealth when you pass away. Yet, many people aren’t aware, and it could mean some haven’t taken steps to name a beneficiary.

Novus Wealth Management blog image for Could you face an unexpected bill now the Capital Gains Tax allowance has halved?

April 26, 2024 | 13:39

Could you face an unexpected bill now the Capital Gains Tax allowance has halved?

The amount of profit you can make before Capital Gains Tax (CGT) could be due has fallen to just £3,000 in 2024/25. It could lead to some people facing an unexpected bill. Find out if you need to consider CGT and how you might mitigate a bill.

Novus Wealth Management blog image for What you need to know about taking your pension tax-free lump sum in 2024/25

April 26, 2024 | 13:36

What you need to know about taking your pension tax-free lump sum in 2024/25

You might want to take a tax-free lump sum from your pension to kickstart retirement plans. However, you should be aware that the rules have changed, and you might want to consider the long-term effect it could have on your finances. Find out more here.

Novus Wealth Management blog image for All the winners and losers from the 2024 Spring Budget

March 06, 2024 | 13:01

All the winners and losers from the 2024 Spring Budget

All the winners and losers from the 2024 Spring Budget

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