Retirement challenges faced by women
Nearly half of women aged 50-65 plan to continue working in some capacity after reaching the State Pension age Years of gender-based earnings disparity have resulted in a significant pension savings gap between men and women, leaving many women in their 50s and 60s financially precarious. According to analysis, women are more than twice as […]
Millions may have to rethink their retirement plans
More than one in ten have mortgage debt in the final decade before they retire Two-thirds (67%) of Britons admit to having debt that is weighing them down, according to a recent study[1]. Additionally, nearly one in ten (9%) adults in the UK are unsure about the amount they owe in outstanding debts, rising to […]
How much will I need to live on in retirement?
Planning for your life after work to ensure a financially secure future Retirement planning is an important step to ensure a financially secure future. When calculating how much you’ll need to live on in retirement, there are various factors to consider. Everyone’s circumstances are different.
Professional financial advice, where’s the value?
Making more informed decisions about money leads to better financial health in the long run We readily trust medical professionals with our health and legal professionals with complex legal matters. Yet, some people hesitate when seeking advice on financial matters. This might be attributed to a few different factors.
How to find or trace a lost pension
Total value of lost pension pots £26.6 billion in 2022 Tracking down a lost pension pot can be daunting, especially if you’ve switched jobs multiple times throughout your career. The good news is that resources and strategies are available to help simplify the process.
Pension drawdown
Greater flexibility in accessing your pension funds Pension drawdown is a flexible way of taking income from your pension, introduced after the pension freedom rules in April 2015. Before that, the government limited how much income you could take from your pension unless you had other sources of income, and annuities were commonly used to […]
Charting your investment trajectory
Understanding your present financial standing and visualising your aspirations When it comes to charting your investment trajectory, a well-drawn roadmap can be an invaluable guide. By understanding your present financial standing and visualising your aspirations, you can devise a solid strategy to steer you towards your financial objectives.
Goals-based saving and investing strategy
Staying focused and disciplined, even when markets are volatile It’s crucial to remember that saving and investing is not just about making money. It’s about making your money work for you to help you achieve your financial goals. Therefore, it’s important to have a clear understanding of what those goals are before you start investing.
Cash flow modelling
Are you looking to grow your wealth long-term or seeking immediate returns? Investing can feel like navigating uncharted territory, particularly for those new to the field. With many options and strategies available, it’s crucial to grasp what you aim to achieve with your investments clearly. Are you looking to grow your wealth long-term or seeking […]
Understanding investment objectives
Risk appetite, current finances, and future aspirations Investing is a lifelong journey; the sooner you embark on it, the better your financial future. Whether you’re a seasoned investor or a novice, understanding your investment objectives, risk tolerance, and timeline is crucial.
