Since the introduction of Pension Freedoms, the amount of people accessing their retirement income via a drawdown arrangement has increased dramatically. More than £17.45 billion in flexible payments has been accessed by those in and approaching retirement (Source: HM Revenue …
Category: Journal
Adviser spotlight – Find the needle or buy the haystack?
Active and Passive funds are the chalk and cheese of investment world but in my experience, many investors aren’t that familiar with the basic concepts.
Which approach is right for you?
Square one
So, you’ve taken the decision to invest …
Does age affect charity? Five ways to make your donations go further
Do you think the way that you give to charity has changed throughout your life? Do you see it changing as you get older?
Research from Barclays has shown that those under the age of 35 gave an average of …
Number of outstanding interest-only mortgages has halved, but the risk is still real
There are currently 46% fewer outstanding interest-only mortgages than there were six years ago, according to UK Finance.
Interest-only mortgage holders only pay the interest due on the amount they have borrowed, each month, with the full amount coming …
Who are last-time buyers, and what challenges do they face?
The name ‘last-time buyers’ probably gives a lot away about who fits into the category. They are people who are planning to buy a home to live comfortably in during retirement, and potentially for the rest of their lives.
Last-time …
The ‘pocket money economy’: How an income in early life can increase your children’s financial skills
Could the way you give your children pocket money improve their money-handling skills and better prepare them for the challenges of adult life?
It could certainly help them to develop strong saving habits, with research from Santander showing that 84% …
Adviser Spotlight – Responsible Investing
As a soon-to-be parent, I find myself reflecting on the world our little sleep-depriver is about to enter. Today’s ‘yoof’ (I’m old enough to use that term now) are born into a world where the environment, corporate responsibility and sustainability …
Giving your kids a head-start in life: Four reasons to get children saving early
Giving your children the best start in life is probably one of your top priorities. And, as a parent, it is up to you to teach them about all aspects of life; from looking after themselves, to taking care of …
Is it reasonable and affordable for pensioners to be supporting three generations?
How many people rely on your pension? If you find yourself regularly giving money to your children and grandchildren, you may be among the 31% of retirees who choose to give part of their income to younger generations.
According to …
Further interest rate rises predicted: How to stay ahead
We’re almost half way through 2018, and it’s likely that you’ve already thought ahead about some things. Maybe you’re planning a trip abroad during the summer holidays, or you’re a really eager Halloween costume aficionado (and we won’t mention those …