Category: Financial News

Contributing a preferential sum into an employee’s pension plan Salary sacrifice (sometimes known as ‘salary waiver’) in the context of retirement planning is a contractual arrangement whereby an employee gives up the right to receive part of their cash remuneration, usually in return for their employer’s agreement to provide some form of non-cash benefit. Salary… Continue reading Sacrificing your salary

Many organisations can help you track down your forgotten wealth At any one time it is estimated that between £15 – £20 billion is lost in the financial system. Some of it belongs to people who have died but the majority has just been forgotten. For those who think they’ve lost track of an account… Continue reading Locating lost assets

Retired people making more requests for financial assistance from relatives The latest figures show the number of pensioners relying on financial assistance from family members has more than doubled to a quarter of a million since last year because of rising inflation. New research from MGM Advantage, the annuity provider, found that more than 265,000… Continue reading Retirement dreams undermined

Converting your pension fund into an annuity Whether your retirement is a long way off or just around the corner, it’s important to think about how much income you’re going to have. And as you approach retirement, you’ll also have to decide how you’d like to receive the money from any pensions you’ve been saving towards. The most popular way of… Continue reading Securing an income for life

 How to diversify your portfolio The risk of directly investing in a single investment is that if the price drops in value, or the issuing company goes bust, you could lose money. A way of reducing this risk is having a spread of investments in different types of a particular asset. So rather than buying shares in one company,… Continue reading Shared investments

Proposals announced to unravel a raft of complicated tax laws Life could be about to get easier for the retired. The Office of Tax Simplification (OTS) will turn its attention to pensioners in an attempt to unravel a raft of complicated tax laws relating to them. The OTS, set up by Chancellor George Osborne in… Continue reading Life for pensioners could be about to get easier

Obtaining the right advice and knowing which products to choose is the key Making sure you have the correct amount of life assurance will enable you to protect your loved ones from having to deal with your financial burdens. That’s why obtaining the right advice and knowing which products to choose – including the most suitable… Continue reading Will your dependants cope financially in the event of your premature death?

Is your cash struggling to keep pace with inflation? The current low interest rates are good news for mortgage repayments but not so good if you are relying on your savings to produce an income. If you are a saver rather than a borrower, you will have noticed the interest you are receiving has fallen… Continue reading In search of income

Keeping pace with the growing size of an ageing population The funding of long-term care remains one of the biggest public policy challenges facing the government. As the baby-boomer generation grows older, it is estimated that spending on social care needs to double in real terms over the next twenty years just to keep pace… Continue reading Social care costs

New figures reveal the best-performing investment sectors We understand that choosing investments can be difficult, so we are here to support you in making your investment decisions. Whether you’re a first-time or an experienced investor, we can help you explore your options. New figures reveal that UK small caps have been the best performers over the… Continue reading Investment decisions