COST OF LIVING CRISIS
Signs of more economically active people over the age of 50 Older people in the UK are increasingly returning to work, according to new research.The cost of living crisis is now affecting many pensioners drastically. The research also found that the proportion of older people who are self-employed has more than doubled over the same […]
RELUCTANT TO RETURN
MILLIONS WANT TO STICK WITH LOCKDOWN LIFESTYLE CHANGES The COVID-19 pandemic has been incredibly difficult for everyone and made a huge impact on the lives, personal finances and jobs of millions of people. The restrictions introduced during the pandemic were forced on the nation and it was assumed that once they ended, people would quickly […]
PREPARING YOUR FINANCES FOR RETIREMENT
COULD MARKET VOLATILITY AND INFLATION MEAN YOU HAVE TO DELAY RETIREMENT? It’s never too early to start planning for retirement. But if you’re nearing retirement, it’s especially important to have a plan in place in case market volatility or inflation impacts your desired retirement timeline. Some people assume that they will be able to retire […]
SPOTTING AN INVESTMENT SCAM
HOW SCAMMERS ARE GETTING MORE CONVINCING Around half of UK adults (51%) have or know someone who has received a suspicious communication in the last 12 months, according to new research. This equates to 27 million people across the UK. Most of these cases can be described as ‘phishing scams’ (51%), when a fraudster attempts […]
BALANCING RISK AND RETURNS
BONDS CAN PLAY A KEY PART IN BUILDING AN INVESTMENT PORTFOLIO UK government bonds, also known as gilts, are debt securities issued by the UK government. They are used to finance the government’s borrowing requirements and are often seen as a safe haven asset by investors. Gilts are traded on the London Stock Exchange and […]
HOW TO PROTECT YOU AND YOUR FAMILY’S FUTURE
WHAT KIND OF PROTECTION INSURANCE DO YOU NEED? There are various complex risks in life that we all face, such as serious illness, an accident or death. What would happen if something were to happen to you? Would your family be able to cope financially with the impact an unexpected event might have? These are […]
BRINGING PENSIONS TOGETHER
WHAT TO CONSIDER IF YOU HAVE MULTIPLE PENSION POTS The employment landscape has evolved significantly over the last few decades and changing jobs multiple times before retirement is now very much the norm. But did you know, there is an estimated £9.7 billion of unclaimed UK defined contribution pension funds? Over time, it is easy […]
ARE YOU SAVING ENOUGH FOR RETIREMENT?
ONE IN SIX OVER-55s HAVE NO PENSION SAVINGS YET Despite the fact that the government has been trying to encourage people to save for their retirement through initiatives such as auto-enrolment, there are still too many Britons who have no pension savings at all. Research reveals that a fifth (20%) of people still have no […]
CASH MAY NOT BE KING
DECIDING WHETHER TO WITHDRAW CASH FROM YOUR PENSION POT Choosing what to do with your pension is a big decision. If you’ve been saving into a defined contribution pension (sometimes called ‘money purchase’) during your working life, from age 55 (age 57 in 2028) you need to decide what to do with the money you’ve […]
PUTTING LIFE ON HOLD
COST-OF-LIVING CRISIS DELAYS HOMEOWNERSHIP, HAVING CHILDREN AND RETIREMENT Rising living costs have been so significant in recent months that most UK households will have noticed a squeeze on their monthly budgets. Not only does this have a direct impact on people’s lifestyles, even though they are making every effort to cut back, but it has […]