Wilcox Day Wealth Management Ltd

How to make sure your finances reflect your professional standards. Professional-services specialists, such as accountants and lawyers, need to know their finances align to the sensitivities of their work. It’s important to work with an expert financial adviser who fully understands your requirements as a regulated professional. https://lnkd.in/evBVTGHB

Saving for retirement might not be something you think about starting while you’re still reading bedtime stories and going to soft play centres. But opening a pension for your children can set them – and their own future family – up for financial wellbeing. https://lnkd.in/exHdAH2W

Are you a small business owner and do you have key-person insurance in place? This insurance helps to protect against issues arising from an individual's unplanned absence. Policies pay a lump sum if a key individual dies or has long-term health problems. Read more: https://lnkd.in/eHV2XtYU #keypersoninsurance

Running a business is tough. Running a business and making sure you are also forward planning for you and your family is even more difficult. How can you be confident you are: 💥 Protecting your business in the event of the unexpected? 💥 Retaining control if something happens to an owner? 💥 Thinking about if you exit in the future, will you have 'enough'? 💥 Making sure the family and the business finances are in sync? Whether it is business benchmarking, cash flow modelling, future planning, contingency planning these are all things you can consider. The attached link gives you 9 points to consider and ways we can help. https://lnkd.in/d_qtqmTm

We always wonder where we are economically as a country. There are lots of stats and data out there about economic figures, etc. However, one I am always interested in is what is happening to companies in the UK. As an owner, we all want to know how our business is doing and are looking to ecnomic indicators of what is happening economically. Do you KNOW how you are benchmarked against your peers - our business benchmark can help. You can complete a no cost and no obligation business benchmark to see how you compare against peers nationally and locally against profit, turnover, growth and based on per employee. Check it out https://lnkd.in/etypc-r8 In the UK - company insolvencies have increased fro this period last year. 56.6 per 10,000 companies entered insolvency between 1 August 2023 and 31 July 2024. This was an increase from the 54.7 per 10,000 companies that entered insolvency in the 12 months ending 31 July 2023. This remains much lower than the peak of 113.1 per 10,000 companies seen during the 2008/09 recession. Try the benchmark and see where you are!

📢 Good news post! Worries around a potential US recession continued to fade last week, as positive economic data appeared to help build confidence in global markets. 🙂 Chief among these was UK GDP, which grew by 0.6% in the second quarter of 2024, compared to the first quarter. https://lnkd.in/eCSKa9Xc

With so much volatility in markets, Joe Wiggins, Investment Research Director at St. James's Place, explains why it is so important not to make short-term, emotional decisions. https://lnkd.in/eZSh3Auu

As the dust started to settle from the panic in markets at the start of August, many investors were left thinking ‘what was that all about?’ https://lnkd.in/eB5eahuA

📌 #testimonial #vouchedfor "I was lucky enough to be introduced to Geoff and we have completed a couple of sessions to discuss my financial planning, including pensions, ISAs, and savings. Throughout our meetings, Geoff was not only knowledgeable and professional but also had a reassuring and approachable demeanour that really put me at ease. He took the time to explain everything clearly and made sure I felt comfortable with the decisions we were making. Now, thanks to his guidance, I have a solid plan for my financial future and feel much more confident about managing my finances." 🙏

BREAKING: Bank of England reduces interest rates from 5.25% to 5% https://lnkd.in/epfTu5ak