Month: August 2018

A universal pension lesson: Start saving as early as you can

When it comes to saving for your pension, the old adage repeated to revising students rings true; little and often. Lots and often if you can manage it, but the most important thing is that you don’t try and cram all of your preparation in at the last minute. The earlier you start saving, the...

Is a personal referral the best way to choose a financial adviser?

You can spend your life working hard and following all the advice you pick up along the way. If you’re financially savvy, you might be able to pay off your mortgage quickly, put plenty into savings and build a nice nest egg to retire with. Getting a financial adviser to guide you through the process...

6 top tips on how not to lose money from your pension each year.

Keeping track of your pension can be difficult at the best of times, and if you have multiple pots it can seem nigh on impossible. Fortunately, we have some top tips to help. First introduced in 2012, auto-enrolment made it compulsory for UK employers to automatically enrol their staff into a pension scheme, unless they...

Graduates are better off boosting their pension and never paying back student loans

Heavily indebted students graduating this summer may feel pressure to sacrifice more of their wage than is necessary to get back into the black, but experts warn that this money would do more if put in a pension. High tuition fees and hefty maintenance loans saddle English graduates with the highest student debts in the...

The different types of equity release explained

As the popularity of equity release has increased among older generations looking to free up cash from their property wealth, equity release providers have developed a range of different types of plans and features to choose from. Choosing the right types of product will depend entirely on how much money you are looking to take...

UK properties slower to sell than a year ago

The housing market has slowed down significantly. The Royal Institution of Chartered Surveyors (RICS) has reported that whereas last year a home typically took 16 weeks to be sold, the average time is now about 18 weeks. June was the 16th successive month of decline. While people may be experiencing difficulties in selling their houses,...

Financial planning in your forties

Financial planning in your forties It’s well known life begins in your forties. Doesn’t it? It should be an exciting decade, full of plans and aspirations. It’s also likely to be a time of optimum earning potential. What’s more, it’s a crucial decade to take a step back and make sure your finances are on...

Back to the future

Uncovering what really matters to you is the key to the planning process Have you ever thought about writing a letter to yourself to describe your ideal future life, long-term life goals and the process of how to plan for them? Imagining what you want your life to be like in the long term when...

Driving towards the next phase of your life

Getting the date right can help you reach your destination sooner At some point you’ll say ‘goodbye’ to your co-workers, get into your car and drive towards the next phase of your life – retirement. But when will that be? The move to retirement is one of the most important decisions you’ll make, so it’s...

Eyes wide shut

Do you know the value of your pension savings? With people living longer than ever before, we all need to save more. But because there’s always something more urgent to pay or save for, it’s something that many of us rarely think about. Almost three quarters (73%) of people aged 45 or over are longing...