Month: August 2017

Could the Buy-to-Let tax changes be the next pension crisis?

The National Landlords Association (NLA) has warned that the next pension crisis could be created by the impact of changes to the way buy-to-let properties are taxed, as many individuals are becoming increasingly reliant on funding their retirement through income generated by property. Recent figures suggest that around 77% of landlords rely on their residential...

Update on state pensions: essential reading for the under 50s

Recent changes announced by the government to the state pension will result in nearly six million people currently in their forties having to wait longer until they can retire. It’s a development which has raised concerns over the dependability of the state pension, which for many makes up the lion’s share of their retirement income...

Save at least 11% of your income for retirement!

A recent study by leading think-tank the International Longevity Centre has suggested that people should aim to save a minimum of 11% of their income in order ‘to achieve an adequate retirement income’, which is defined as 70% of the amount earned whilst working. The think-tank emphasises that this is a minimum amount and in...

People who get financial advice are £40k better off

A recent study has revealed that people who seek the advice from an independent financial adviser (IFA) are on average £40,000 better off than those who don’t do this. The research has come from leading think-tank the International Longevity Centre, who have stated that both the ‘affluent’ group – wealthier people more likely to own...

Market Commentary

July got off to the best possible start when Janet Yellen, Chair of the US Federal Reserve, announced that there would be no more financial crises “in our lifetime.” Speaking on a trip to London, she said that the reforms of the banking system since the 2007 to 2009 crash had “minimised the risk of...