Pension changes brought a whole new range of options to consider
Unadvised retirees who are now able to dip into their pension are having to return to work to cope with juggling their finances, according to a new report[1]. Continue reading “Cashing out”
How much should you try to save to have a comfortable retirement?
The number of people saving enough for a comfortable retirement has hit its highest ever level, with almost three in five Britons (59%) now saving adequately for the future[1]. This is a significant improvement from the 55% proportion recorded 12 months ago, suggesting this April’s auto-enrolment step-up had an immediate positive impact on saving habits. Continue reading “Saving adequately for the future”
Almost half of UK employees expect to work beyond the age of 65
When you picture yourself in your golden years, are you sitting on a beach, hitting the golf course, or working behind a desk? Not ready to give up working and retire? For those who find adjusting to retirement difficult, the transition can be made smoother by working. For many, working provides more than a salary. It provides happiness and purpose, and staying in the working world can provide many lifestyle benefits, in addition to financial gains. Continue reading “Not ready to give up working and retire?”
How to build wealth that stands the test of time
Long-term investments tend to be less risky in the end. By investing for the long-term, you are committing to your investments and history has shown that this strategy can pay off handsomely. Continue reading “Your future”
Responding to situations rather than reacting to them
As the saying goes, ‘People don’t plan to fail, but they do fail to plan.’ To enable you to achieve want you want to, whether that’s trying to lose weight, getting fitter or securing that promotion, having a plan and being prepared for every eventuality is a great way to help move you closer towards your goals. Continue reading “Planning for every eventuality”
Seven in ten retirees have not set up a Lasting Power of Attorney
More than 615,000 pensioners are on course to make investment decisions into old age but new research[1] suggests tens of thousands have not set up a Lasting Power of Attorney (LPA), with seven in ten (70%) people in retirement not having set up an LPA. Continue reading “Making investment decisions into old age”
More over-65s are working than ever before
There is no legal retirement age, and employers can no longer force their employees to retire at a particular age. It’s up to you when you decide to stop working. Continue reading “Plugging the financial gap”
Making good choices with your life investments
One of the golden rules of investing is to spread your money across a range of different asset classes. We’ve all heard the expression, ‘Don’t put all your eggs in one basket’. Continue reading “Wealth briefing”
Releasing money from your home without having to move
Equity release is a way of releasing money from your home without having to move, either by taking out a type of loan secured against your home or by selling all or part of your home to a home reversion company. Continue reading “Bolstering day-to-day retirement living”
Creating plans of action to ensure you reach your financial goals
To be prepared for the road ahead, it’s critical to think about having a plan. For many people it’s not clear where their money will come from when they no longer receive a salary. And that can be stressful. When you add in the pressures of today’s bills and basic living costs, not to mention the nice things like holidays, the thought of the future can seem a bit overwhelming. Continue reading “Looking at the bigger picture”