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 …
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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 …
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 …
Where do you keep the money you plan to use in retirement?
If your answer is anything other than “In my pension”, you could be chipping away at the value of your money.
Since Pension Freedoms came into effect in …
Almost two thirds (60%) of people believe that financial compatibility is one of the most important factors in a successful relationship, according to Scottish Widows.
But what is financial compatibility?
Like any part of a relationship, financial compatibility is …
The way pensions are accessed at the beginning of retirement has changed since the introduction of Pension Freedoms in 2015. The reforms mean that those aged 55 and over are less restricted in their ability to access their retirement fund.…
How long will you live?
For most of us, the closest we can get to the right answer is an educated guess. But where does that leave us when planning for retirement?
There are two sides to every story, and …
Research from ING shows that 27% of people are at risk of falling into financial difficulties, as they have no savings to fall back on if something goes wrong.
It’s easy to think that it won’t happen to you, but …
Annuities have undoubtedly fallen out of favour among new retirees.
Since the Pension Freedom reforms in 2015 broadened the options available when accessing pension funds, the popularity of Annuities has fallen by 75% (Source: Association of British Insurers ABI)…
Getting divorced is an expensive process.
It can also take years, or even decades to fully be free of the effects.
During the process, you are likely to be affected emotionally, physically and financially, but over time, the first two …
As a nation, we gave over £9 billion to charity last year. (Source: Charity Aid Foundation)
In addition, 53,000 legacies were left, totalling £1.4 billion (Source: Legacy forecasting)
That’s something to be proud of.
However, we also gave …