Why having a target in mind clearly makes a difference to fund this stage of your life A recently published report has highlighted the positive impact planning and professional financial advice can have on income levels in our retirement. The first Retirement Income Uncovered report from Old Mutual Wealth found that retirees who hadn’t set… Continue reading Maximising your income levels in retirement
Category: News
New landscape for later-life planning
Making informed decisions about how to best use your savings and manage your income in retirement More than one in four Britons (27%) expect to come under pressure to lend their family money from unlocked retirement pots when the new pension freedoms are introduced from 6 April this year, according to latest research from the… Continue reading New landscape for later-life planning
What’s your magic number?
The picture of retirement income in the UK is not as bleak as some would like us to think A report has revealed those approaching retirement are expecting to receive £23,700 per year when they retire. The same survey shows that the average income in retirement today is currently just £19,000 – a shortfall of… Continue reading What’s your magic number?
Wealth creation
The first step to building wealth starts with a disciplined decision to pay yourself first, then compounds with a disciplined investment approach. When you define your investment objectives, the priority of where and how to invest should be guided by your specific goals. It should also naturally encourage you to do more as you… Continue reading Wealth creation
Asset classes
When putting together an investment portfolio there are a number of asset classes, or types of investments, that can be combined in different ways. The starting point is cash – and the aim of employing the other asset classes is to achieve a better return than could be achieved by leaving all of the investment… Continue reading Asset classes
Pension consolidation
Keeping track of your pension portfolio to get the best out of the contributions you’ve made Most people, during their career, accumulate a number of different pension plans. Keeping your pension savings in a number of different plans may result in lost investment opportunities and unnecessary exposure to risk. However not all consolidation of pensions… Continue reading Pension consolidation
Educating investors
Six years after the start of the financial crisis, what lessons should we have learnt? 1 Plan for the unexpected Many believe that markets are much safer today than they were six years ago, thanks in large part to the numerous regulations and safeguards put in place to avoid a repeat of the financial crisis.… Continue reading Educating investors
Offsetting the negative effects of inflation
Why more people are retaining exposure to stocks and shares New research[1] suggests that UK adults are planning to use equity investments to help them outstrip inflation and manage the rising cost of living. Over half (53%) of UK adults rate the rising cost of living as their number one fear for retirement, and almost… Continue reading Offsetting the negative effects of inflation
Planning for your future retirement
Three very important questions you need to consider, sooner rather than later Inheritance Tax (IHT) in the UK may be one of life’s unpleasant facts, but with the appropriate IHT planning and professional advice, we could help you pay less tax on your estate. The aim of this guide is to provide a brief outline… Continue reading Planning for your future retirement
Full nest households
The financial pressure on parents providing board to their adult offspring Parents with adult children living under their roof are spending £1,200* more than their Empty Nester counterparts each year on everyday household expenditure, bringing the total annual cost of ‘Full Nest Syndrome’ in the UK to £3.2 billion[1]. Meet the Full Nesters, a new… Continue reading Full nest households
