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‘Uncategorized’ Archive

Dawn of a New Year

What will feature in your top New Year’s resolutions? As we enter a New Year, setting clear goals is critical for the success of any financial resolutions. Year after year, achieving financial health and wealth is likely to feature in your Top 10 New Year’s resolutions. So what should you consider?

Rise of the part-time landlord

Letting properties on the side boosts income Britain is seeing a boom in ‘part-time’ landlords where people are letting properties on the side to boost their main income, according to new research from LV= landlord insurance.

Class of 2014 expectations

What are the hopes of last year’s university leavers? 2014’s university leavers expect to have bought their first home by the age of 30, according to research published by Endsleigh. The research also reveals that, by the age of 30, the university leavers also expect to be married (average age 29), established in their career […]

What’s your magic number?

The first concise picture of current and changing sources of retirement income Current retirees are satisfied with 47% of pre-retirement income according to a recent report that reveals those approaching retirement are expecting to receive £23,700 per year when they retire. The Retirement Income Uncovered report by Old Mutual Wealth also shows that the average […]

New pension freedoms

How future retirees may take advantage of their pension lump sums Research showing how retirees use their pension lump sums to pay off debt provides an insight into to how pension cash unlocked following the new freedoms available from 6 April 2015 could be used.

Gender gap closing

Report shows the proportion of people preparing adequately for retirement is on the up The number of women saving adequately for retirement has shifted from a record low to a four-year high in the last 12 months, according to Scottish Widows’ annual Women and Retirement Report.

Meet the Full Nesters

Providing financial support for adult offspring – what are the implications? Parents with adult children living under their roof are spending £1,200[1] 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[2].

Inheritance Tax matters

Perhaps not quite the ‘voluntary’ tax it was once considered Effective estate planning is about getting the right balance between maintaining access to your money when you need it and saving tax. This is because, in general, the more tax-efficient a solution is, the less access you have to your assets. Safeguarding your own financial […]

Is your nest egged cracked?

Making sufficient financial preparations for the future Retirement savings have plummeted among those aged 55-64 over the past year as the cost of living continues to rise, according to Aviva’s latest Real Retirement Report.

Is your nest egg cracked?

Making sufficient financial preparations for the future Retirement savings have plummeted among those aged 55-64 over the past year as the cost of living continues to rise, according to Aviva’s latest Real Retirement Report.