People going into care could face bills in excess of the total pension pot they retired with With the number of retirees going into care rising, research from LV= reveals that many people going into care could face bills in excess of the total pension pot they retired with. Over the last decade, the average […]

Only 39% considered providing financial security for their family as essential Britons consider having an Internet connection and mobile phone to be greater financial priorities than protecting mortgage and income, according to new research.

Taking steps to plan for a better future Regardless of the life stage you have arrived at, it is important to receive expert and professional advice on your pension plans and requirements. Yet many people spend more time planning their holiday than their own retirement. Perhaps because planning for retirement seems too complicated to think about. […]

Helping children financially through university may mean resorting to drastic measures Parents are still very much in need of a reality check when it comes to the true costs of a university education according to the latest annual student debt research by the Association of Investment Companies (AIC) using Opinium Research. And while over two […]

Over-50s changing the way they work in later life If you are approaching your 50s, you may be considering your retirement options. Perhaps you want to work flexible hours and work when it suits you. You might want to be ‘your own boss’ and set up a business or become self-employed. Or you may want to […]

Financial fraudsters using reforms to target retirees Changes to the pension rules are creating new opportunities for scams. Be cautious of anyone approaching you with advice on how to invest your pension. Almost one in ten pensioners has been targeted by financial fraudsters since their retirement.

More than ten million pots are being left largely unmonitored Individuals are living longer, meaning that savings have to fund a longer period of retirement. However, there has been a well-documented decline in pensions saving over time. Many people do not think about retirement as they consider it’s too far in the future, and almost […]

Reduction in the amount those with income of more than £150,000 can contribute tax-free to pensions each year A gradual reduction in the tax-free limit on pension contributions from the current £40,000 a year to £10,000 for high income individuals was announced by the Chancellor, George Osborne, in the July Summer Budget 2015. High income […]

New priorities increase the protection gap Many Britons consider that having an Internet connection and mobile phone is a greater financial priority than protecting their mortgage and income, according to new research. The economic downturn in previous years, low interest rates, job uncertainty and government cuts appear to have taken their toll on some people’s […]

One in three Britons rely on a cash windfall to fund their retirement plans Anticipated inheritances often don’t materialise. But one in three working Britons (35%) are still relying on an inheritance in order to achieve a stable financial future. The reality is that many could be in for a big shock. The study[1] released […]