Categories
Financial Planning

Pension booster

Mistakes to avoid when you’re aiming to build your pot

Many people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost-of-living soaring. In these circumstances, it can be difficult to think about your long-term finances or even contemplate saving for the future.

Categories
Financial Planning

Later-life and financial wellbeing

More than one-million over-60’s are rethinking later life plans

With people living longer lives and retirement now lasting up to several decades, the reality is that the majority of us will have to pay for later life care at some stage – whether that be for ourselves or loved ones.

Categories
Financial Planning

Inheritance Tax receipts reach £6.1bn

What if I could make my wealth more tax-efficient?

We all want to leave a legacy and make sure the ones we care about most are well taken care of when we’re gone. That’s why making plans for Inheritance Tax is so important, to have confidence that your children, grandchildren and those you hold dearest will be taken care of long into the future.

Categories
Financial Planning

Self-employed extremely vulnerable to loss of income

81% aren’t seeking financial advice

Self-employed people are at risk of financial hardship if they don’t have sufficient provision in place. Without a regular income, it can be difficult to cover expenses and also save for the future. In many cases, the self-employed are unable to claim for many of the benefits that employees are entitled to, including statutory sick pay.

Categories
Financial Planning

Bridging the gender pensions gap

Women left with half the pension pot, no matter the job

We’ve all heard about the gender pay gap, but very few discuss the gender pensions gap, despite the fact so many women experience it. Women’s pensions at retirement are half the size of men’s, regardless of the sector they work in, new research has highlighted[1].

Categories
Financial Planning

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?

Categories
Financial Planning

Ten tips for first-time investors

Ready to get started on your investment journey?

Investing can help you grow your money faster than simply saving, but it can also be a little daunting knowing where to begin. You may think the volatile global stock markets may not be the ideal starting point for new investors, but it’s always a good time to begin investing.

Categories
Financial Planning

When should I stop working?

How to tell whether you’re ready to retire

Do you have enough income to retire? Are you prepared for the life changes retirement will bring? Is this the right time to sell your business? Is your timing right or will your savings and investments be at risk from volatile market conditions?