NorthStar Blog
Welcome to the NorthStar Blog. The place for the latest news, information and opinion from the NorthStar team helping you stay on top of what's going on in the world of finance.
What Gardening Can Teach Us About Successful Investing
Investing can sometimes feel overwhelming, particularly when we’re bombarded with complex jargon and market fluctuations. However, one simple yet powerful analogy can offer clarity: investing is much like gardening. Both require some basic knowledge…
What Makes a Great Pension? Everything You Need to Know
Planning for retirement is one of the most important financial steps you’ll ever take. With life expectancy in the UK continuing to rise, many of us can expect to live for 20, 30, or even 40 years after we stop working. That means our pensions aren’t…
Cash Before Calculus – Parents Demand Financial Literacy Over Maths in Schools
In an era where financial knowledge and understanding is increasingly tied to life success, the importance of financial education has never been more pronounced. Historically, schools have emphasised traditional subjects like math and science, often…
Mid-Year Money Makeover: How to Keep Your Finances on Track This Summer
Summer is here, and with it comes a chance to kick back, enjoy the sun, and maybe finally take that holiday you’ve been dreaming about. But just because we’re in the middle of the year doesn’t mean we should put financial planning on hold. In fact, s…
Building a Winning Financial Team: What Football Managers Can Teach Us About Financial Planning
Football is more than just a game; it’s a symphony of strategy, teamwork, and individual brilliance. Likewise, financial planning is an intricate dance that combines various elements – savings, investments, insurance, and retirement planning – to ach…
The Latest on Our Carbon Reduction and Climate Action Projects
At NorthStar, we believe that protecting the long-term future of our planet isn’t just important – it’s essential. That’s why we take meaningful steps to reduce our environmental impact and support the planet. We’re proud to have partnered with…
Eurovision Hits: Financial Planning Lessons from Winning Songs
With the Eurovision Song Contest set to take place in Basel in the coming days, it’s worth remembering some of the unforgettable tunes, incredible performances and powerful lyrics the contest has delivered over the years. But have you ever considered…
Tariffs & Turmoil: How to Weather the Storm in Volatile Markets
Markets across the globe have taken a sharp turn in recent weeks. Stock markets from Wall Street to the FTSE have fallen dramatically, triggered in large part by President Trump’s announcement of new tariffs on a range of goods. The rhetoric around t
Trump Tariff Special – How New Tariffs Could Impact You and Your Money
Yesterday, US President Donald Trump announced a sweeping set of new tariffs, imposing fresh import taxes on goods entering the United States from almost every country in the world. These measures have sent shockwaves through global financial markets…
Make Smarter Financial Decisions by Overcoming These Thirteen Cognitive Biases
Even the most financially savvy among us can fall prey to cognitive biases that cloud our judgement and lead to suboptimal financial decisions. These biases are deeply ingrained in our psychology, influencing our behaviour in subtle but significant…
NorthStar Portfolios: Celebrating 10 Years of Investment Success
As we celebrate the 10th anniversary of the NorthStar investment portfolios, it’s the perfect opportunity to reflect on their remarkable journey and the lasting value they continue to provide for our clients. Since their launch in January 2015, these…
New Report Shows Britain May Be Heading for a Retirement Crisis
The UK may be on the brink of a retirement crisis, according to the BlackRock 2024 UK Read on Retirement report. This comprehensive survey of 1,000 UK Defined Contribution (DC) pension savers paints a troubling picture of the nation’s retirement read…
Financial New Year’s Resolutions That Stick: Turning Goals into Habits
As the new year begins, many of us find ourselves reflecting on our recent achievements and setting ambitious resolutions for the year ahead. However, when it comes to financial goals, we often fall short of our aspirations. The enthusiasm we feel in…
Ten Timeless Financial Lessons from Classic Christmas Stories
The festive season is brimming with beloved Christmas stories, carols, and folklore that warm our hearts and spark nostalgia. But beyond the festive cheer, these tales offer surprisingly valuable lessons about financial planning. Whether it’s learnin…
Preparing for Parenthood: Ten Essential Steps to Get Your Finances Ready for Having a Baby
Starting a family is exciting, life-changing, and yes, financially challenging. Kids are bundles of joy, but they’re also bundles of expenses, from nappy changes to nursery fees. The average cost of raising a child to age 18 is a whopping £166,000 fo…
Become a Financial Grandmaster: What Chess Can Teach Us About Money Management
Chess, a game with a rich history spanning over 1,500 years, has long captivated enthusiasts with its intricate strategies, intellectual challenges, and limitless possibilities. From the legendary grandmasters of the past to the millions of players e…
Budget 2024 Summary: Everything You Need to Know
The Budget 2024 marks a pivotal moment for the UK, as it is the first budget delivered by the newly-elected Labour government, with Chancellor Rachel Reeves at the helm. As is often the case with the first budget of a new administration, this is more…
Twelve Money Mistakes to Avoid Before Buying a Home
Buying a home is a significant milestone, whether you’re a first-time buyer or looking to upgrade. However, recent trends show that younger generations are postponing their entry into the housing market. Factors such as mounting student loan debt, de…
Talk Money Week 2024 – We’re Proud to Be Supporting This Nationwide Initiative to Get People Talking About Money
Talk Money Week is taking place from 4th – 8th November 2024 and is the annual event all about getting the public talking about money. The week is overseen by the Money and Pension Service – a national body bringing toget…
Stay Ahead of Scammers: Your Essential Guide to Avoid Becoming a Victim of Financial Fraud
Financial scams are an escalating concern in the UK, with an alarming £1.17 billion lost to fraud in 2023 alone, as reported by UK Finance. Nearly 3 million people fall victim to financial fraud every year, highlighting the critical need for increase…
Six Top Tips to Be a Successful Investor
We all want to see our money grow but how can you become a successful investor? It may be surprising to learn that your mindset and behaviours could be one of the most important factors. Your approach to investing influences decisions like the amount…
A Dozen Essential Finance Lessons to Teach Your Teenager
Gaps in financial education are leaving many teenagers unprepared for managing their money and becoming independent. The good news is that most teenagers are eager to learn and understand the importance of mastering their money. As a parent or guardi…
Don’t Miss the Deadline to Increase Your State Pension by up to £60,000
Many people are unaware that the government has extended the deadline for filling gaps in your National Insurance record for the tax years 2006 to 2016. This article breaks down the crucial information you need to make informed decisions about your…
How The General Election Result Could Affect Your Finances
As the upcoming election approaches, the parties are setting out their plans for the economy. With just a few weeks to go, voters are keen to understand how proposed changes will affect their personal finances. From taxes and pensions to childcare an…
Intergenerational Wealth Planning – Your Options to Pass on Wealth to the Next Generation
Passing on wealth from one generation to the next is a timeless endeavour that requires careful consideration and strategic planning. Intergenerational wealth planning involves the thoughtful arrangement of assets, investments, and financial strategies…
Mastering FIRE: Unveiling the Path to Financial Independence and Early Retirement
FIRE (Financial Independence, Retire Early) embodies a movement where individuals adopt aggressive saving strategies to retire many years ahead of the conventional retirement age. While the idea of leaving the workforce at the age of 40 holds allure…
New Study Reveals a Quarter of Britons Have Sleepless Nights Due to Money Worries
A major new study by Standard Life has shed new light on the state of Britain’s personal finances and the results are far from rosy. ‘Retirement Voice 2023’ captured the thoughts of 6,350 people, right across the UK between July and September 2023…
How the Abolition of the ‘Lifetime Allowance’ Could Benefit Your Retirement Plans
Putting financial plans in place for retirement can often feel overwhelming and navigating the complexities of the pension system can be daunting for many. With further changes to an extremely complicated system recently announced, it’s never been mo…
Budget 2024: The Key Announcements
Chancellor Jeremy Hunt delivered the final Budget before the next general election yesterday. With almost all of the key measures being leaked before the event, there were few surprises in the list of announcements. With the Conservative Party trail…
Embrace Evidence-Based Investing to Grow Your Wealth
Evidence-based investing stands in stark contrast to speculative hunches or arbitrary guesswork when it comes to managing investment portfolios. At its core, this investment strategy hinges on comprehensive research and the meticulous study of market…
Awards, Accreditations & Trade Associations
NorthStar is proud to be a member of the leading financial planning trade associations. Through a continued commitment to adhere to the highest professional standards and deliver exceptional service, NorthStar has received a number of awards and professional accreditations.
