How to make sure you avoid becoming oneSince 2015, individuals over the age of 55 with defined contribution (DC) pension pots have enjoyed full freedom to decide how to manage their pensions; purchasing an annuity (a guaranteed income for life) is no longer mandatory....

Ensure your money works effectively to enjoy retirement on your own termsHow you invest in your 50s could significantly impact your quality of life in retirement. While there is still time to increase your retirement savings, a seemingly simple mistake could derail...

Making the right decisions today could boost your retirement pot and make the future a whole lot brighterWhen considering retirement planning, pension savings are a crucial component of your financial strategy and essential for a comfortable retirement. Securing the...

Balancing financial security with mental well-beingThe experiences of today’s retirees offer a wealth of knowledge for anyone planning their retirement. By observing the paths already taken, future retirees can glean valuable lessons from the triumphs and challenges...

£50 billion of hard-earned pension funds could be in jeopardyRecent investigations by the Centre for Economics and Business Research have illuminated a daunting predicament facing the United Kingdom’s pension sector[1]. An alarming £50 billion of hard-earned pension...

Diverse avenues through which individuals plan to supplement their retirement incomeRecent research reveals that a significant proportion of individuals over 50 years old anticipate relying on secure income sources, such as Defined Benefit (DB) pensions, for their...

Many regret not having commenced their savings journey earlier in their careersUK retirees are encountering significantly smaller pension pots than they had anticipated, with a considerable number expressing regret over not having commenced their savings journey...

Complex landscape of employee preferences, confidence and skillsRecent developments have seen the government introduce a Lifetime Provider model for workplace pensions, a move that has sparked considerable interest and debate. Findings from a recent survey reveal a...

Prevailing concern among savers regarding their capability to make informed investment decisionsA comprehensive survey has unveiled a complex picture of how savers perceive their pension investments. Despite a high level of awareness, with 82% of pension savers...

When transferring into a personal pension may make senseFollowing the 8.5% rise in the annual State Pension from 6 April, the redirection of this enhanced income into private pension savings could make sense under certain conditions. The idea of investing one’s State...

How behavioural investing can shape financial futuresIn the world of investing, where numbers and market analyses typically dominate, a crucial element often remains veiled in the backdrop – our behaviour. Behavioural investing emerges as a pivotal field, merging the...

Critical insights to empower women to take the reins of their financial destiniesA recent study has spotlighted women and investing, offering critical insights that aim to empower women to take the reins of their financial destinies and forge paths toward a prosperous...

Timeless beacons guide investors through periods of market volatility towards financial prosperityIn finance, the core investing principles stand as timeless beacons, guiding investors through periods of market volatility towards financial prosperity. These...

Pivotal shift changes you need to know commenced from 6 April 2024Beginning on 6 April 2024, a pivotal shift in pension benefit taxation commenced. The Lifetime Allowance (LTA) was replaced by a new structure comprising three distinct allowances: the Lump Sum...

Prevailing issue of presenteeism highlights a need for a transformation in workplace cultureIn an era where the lines between work and personal life are increasingly blurred, a new study sheds light on a concerning trend among UK employees. Despite advancements in...

Whether through property, pensions or a blend of both, informed decision-making is crucialA recent study suggests that a substantial proportion of Generation Z, born from 1996 to 2010, view property acquisition as their principal avenue to amass wealth for their...

Survey highlights prevailing uncertainty among those on the cusp of retirementA recent study reveals that a considerable proportion of UK adults, including a significant number nearing retirement, find themselves in a quandary regarding their State Pension...

14% of those aged over 55 have found themselves re-entering the workforceIn recent times, a significant portion of retirees, specifically 14% of those aged over 55, have found themselves re-entering the workforce, driven by the inadequacy of their pensions to meet...

How to pass on assets to the next generation to secure their future for tomorrowInheritance Tax (IHT) represents a significant consideration for anyone looking to pass on assets to the next generation. As of the 2024/25 tax year, IHT incurs a 40% charge on the portion...

New tax year, new you? Maximise your pension savings this new tax yearAs we embark on the new tax year, it presents an opportune moment to review your pension savings strategy, setting a solid foundation for future financial stability. Early attention to your private...

Why savers and investors now have a more flexible approachIndividual Savings Accounts (ISAs) offer a versatile and tax-efficient way to save for the future, whether for yourself, your children or grandchildren. Now that we have entered the new financial year, on 6...