Month: September 2018

Top tips to protect yourself against pension scammers

Top tips to protect yourself against pension scammers You may well have seen the headlines that victims lost an average of £91k each in pension scams last year. Worryingly, in a recent survey, 32% of pension holders aged 45-65 said they were unsure how to verify if they were speaking to a genuine pension’s adviser....

Bank of Mum and Dad feeling the squeeze

Bank of Mum and Dad feeling the squeeze People are dipping into their retirement funds to help family members on to the housing ladder. It’s not a battle A lot is said about the unfairness of high property prices on the young. There’s a tendency for some to frame the issue as a battle between...

Renters – Lets tackle the ‘protection gap’

Renters – Lets tackle the ‘protection gap’. In the UK, the private rented sector has more than doubled in size since 2002. And most are living without any kind of financial safety net. While property buyers are encouraged to consider their protection needs when they take out a mortgage, renters rarely get this prompt, often...

Are children’s pensions as good as they seem?

Are children’s pensions as good as they seem? Pensions for children? Surely that’s taking planning ahead to a whole new level? Nonetheless, if you can afford it, putting money aside in to a pension for your children or grandchildren can be a sensible option. Under the current rules, you can put £2,880 a year into...

4 key ways to prevent your grown-up children derailing your retirement savings

4 key ways to prevent your grown-up children derailing your retirement savings The Bank of Mum and Dad is a well-known concept and we all hate to see our children struggle financially, which is why many parents continue to support their children well into adulthood. Instead of being ‘empty nesters’, many parents discover that their...