Medical & General Financial Solutions Ltd

The International Monetary Fund (IMF) has warned that the world economy remains “hobbled” by Covid-19 and revised its global growth forecast for this year downwards. The organisation now expects the world economy to grow by 5.9% in 2021. The IMF … Continue reading →

Inflation in 2021 is expected to hit 4%. Inflation means the cost of living will rise and, for mortgage holders, knock-on effects could mean the cost of a mortgage becomes higher. From grocery shopping to electronic goods, prices are rising. … Continue reading →

If Inheritance Tax (IHT) is a concern for you, taking out a life insurance policy could mean your estate passes to loved ones intact. With some careful planning, a life insurance payout can cover your IHT liability and ensure assets … Continue reading →

How much money do you hold in cash accounts, like a current account or savings account? Figures suggest that millions of people are in a position to invest but are missing out on potential returns because they’re choosing cash. A … Continue reading →

Dividend Tax rates are set to rise, and it could affect the amount of tax you pay. The chancellor announced a hike in Dividend Tax rates, along with the introduction of a new Health and Social Care levy, to help … Continue reading →

Your State Pension may only make up a relatively small portion of your retirement income, but it’s an important part of it, and so it’s crucial you understand your entitlement. The recent news of underpaid State Pensions shows that many … Continue reading →