As we head into 2018, with a new financial year a few months away, the government is preparing to introduce several changes. These will come into effect in April, and it is likely that you will be affected by at …
Month: January 2018
62% of adults don’t understand inflation; here’s our quick explainer
Only 38% of UK adults know what inflation is, according to research from The Organisation for Economic Cooperation and Development (OECD). The data also shows that adults in at least 14 nations have a better understanding of inflation than Brits.…
2018: A big year for auto-enrolment
2018 marks 10 years since auto-enrolment was first debated in 2008. As the new financial year approaches, we look at what April 2018 has in store for workplace pensions.
What is auto-enrolment?
Introduced into law in 2011, auto-enrolment will be …
Almost half of millennials feel that advice will benefit their savings
Millennials are the generation born between the mid-80s and early-2000s, perhaps your children or grandchildren. With 13.8 million people falling within the age bracket, they make up a significant 12% of the UK population (source: Statista).
In financial …
Pension Freedoms: Ignorance isn’t bliss
“Real knowledge is to know the extent of one’s ignorance.”
Attributed to Chinese philosopher Confucius, this timeless phrase has never been more apt than when applied to the topic of Pension Freedoms.
A new report, from Old Mutual Wealth has …
Seven tips for choosing the right savings account
The Bank of England (BoE) interest rate rise made a splash in the headlines last year. However, the subsequent announcement that inflation continues to increase, and has since hit a six-year high, is one of the biggest causes for concern …
Financial security could be the key to living ‘the good life’
For Tom and Barbara Good, ‘The Good Life’ meant ditching the corporate world and working towards a self-sufficient lifestyle. Over 40 years after the sitcom originally aired, people across the globe are still searching for a better way of living. …