According to the ILC, people who take financial advice are on average £40,000 better off than those who don’t. Clearly this depends on the individual, but this study finds that those who took advice were significantly more likely to save more as well as to invest in the equity market.
Can I make gifts as a Power of Attorney? It’s a common question, and the answer is yes – but there are strict rules to be adhered to. Neil MacGillivray, Head Of Technical Support at James Hay explains.
Cashflow planning allows advisers to show clients how their financial journey will unfold if it continues its current trajectory or with positive and negative impacts. Find out more about what it is and how we use it at Wren Sterling.
When many of us think about our legacy, many of us about how we will leave our assets to our families. But increasingly people are considering the legacy of the planet and the society they’re leaving behind and want to make a financial difference. This is being evidenced by their investment preferences and charitable bequests in Wills.
Pensions freedom has created many opportunities for scammers to target people approaching retirement with access to their retirement funds. Learn more about how scammers approach their victims and how these scams can be avoided.
What should retirees consider when investing for a sustainable, long-term income stream to meet their needs? Simon Morris, Head of Strategic Partners at Premier Asset Management discusses tactics for retirements that could span decades rather than years,
Watching a new portfolio experience volatility can be painful. Paul Gegg outlines the key concepts involved in sequential returns risk, and why investors – particularly retired investors – need to take advice with their withdrawals.