Month: September 2019

7 key steps to buying your next home

Your home is one of the biggest purchases of your life and buying your next property can be just as daunting as your first. Therefore, we have listed 7 key steps to buying your next home.

The ISA 20 years after it was launched, what does the future hold?

    A study by the Yorkshire Building Society found that savers deposited £4.3bn into ISAs in the final week of the 2017/18 tax year, and the tax year just gone (2018/19) was set to see a similar final week deposit of up to £4bn. This was despite the number of ISA holders falling from...

A basic guide to remortgaging

  What is remortgaging? A mortgage should not be viewed as a one-time purchase but as an ongoing financial arrangement that needs regular attention. The terms of your mortgage deal may only stay in place for a few years and after this they could change. To ensure you’re not paying more on monthly repayments than...

How to find the right investment for you

  There’s a lot of buzz around investments and the rationale for choosing them. So we thought it would be useful to outline what you should be thinking about when it comes to choosing an investment to enable you to get the best outcomes for your money. Review your goals It sounds obvious, but taking...

lost pensions

  By Peter Savage, Fairstone Chartered Financial Planner   NEARLY TWO THIRDS OF UK SAVERS HAVE MORE THAN ONE PENSION AND CHANGING WORK PATTERNS MEAN THAT THE NUMBER OF PEOPLE WITH MULTIPLE PENSIONS POTS WILL INCREASE.   People typically lose track of their pensions when changing jobs or moving home and the Government predicts that...

Spot the warning signs

  Don’t lose your life savings or be persuaded to invest in high-risk schemes Don’t let scammers enjoy your hard-earned pension proceeds. Anyone can be the victim of a pension scam, no matter how savvy they think they are. It’s important that everyone can spot the warning signs. Latest figures show that nearly one in...

Saving adequately for the future – Retirement Planning

  How much should you try to save to have a comfortable retirement? The number of people saving enough for a comfortable retirement has hit its highest ever level, with almost three in five Britons (59%) now saving adequately for the future[1]. This is a significant improvement from the 55% proportion recorded 12 months ago,...

Retirement Resilience

  Have you considered a Self-Invested Personal Pension (SIPP). Saving for retirement is one of our greatest financial priorities, especially as life expectancy is growing and retirements are likely to last longer. It may be the case that you’d prefer to take the reins and have more control over your pension pot. For appropriate investors,...

Not ready to give up working and retire?

  Almost half of UK employees expect to work beyond the age of 65 When you picture yourself in your golden years, are you sitting on a beach, hitting the golf course or working behind a desk? Not ready to give up working and retire? For those who find adjusting to retirement difficult, the transition...

Cashing out

  Pension changes brought a whole new range of options to consider Unadvised retirees who are now able to dip into their pension are having to return to work to cope with juggling their finances, according to a new report[1]. Pension freedoms have given individuals control over how to spend their retirement savings, but a...