Some clients are taking advantage of homeworking, choosing to remain employed past their planned retirement date, others have found they can retire earlier than expected. How has Covid affected your retirement plans?
Lots of thought goes into combining a couple’s finances. And the longer a marriage, the more finances become entwined. If they’ve decided on divorce, a lifetime of assets will need to be divided – and not just joint bank accounts and household bills, but also pensions. It can be tempting to ignore pensions, due to [...]
Despite government assurances that it’s a temporary blip, inflation is trending upwards. What are the implications for pension schemes and their members? Originally published in The Sunday Times, written by Stephanie Hawthorne. Inflation is an old foe, now almost forgotten in many countries. But should we be worried that it seems to be making a [...]
The Pension Schemes Act 2021 imposes several stringent measures designed to safeguard funds. Chief among them is a new onus on trustee boards to play a stronger role in this effort. Originally published in The Sunday Times, written by Simon Brooke The UK seems to legislate on pensions with metronomic regularity, with a new act [...]
Originally published at brewin.co.uk Many people vastly underestimate the cost of raising a child. Plan now to avoid nasty surprises scuppering your finances. Raising a child is one of the most rewarding things you can do in life – but it can also be eye-wateringly expensive. We all know things like childcare, private school and [...]
Default pension funds appeal to those who want a ‘hands off’ approach to their investing. But what are fund managers investing in? Look under the hood of your investments.
You can use your retirement savings pot as you wish from age 55 – rising to age 57 from 2028, the government recently confirmed. Yet while this offers flexibility, you need to think carefully before dipping into your retirement funds, or you could trigger unexpected tax charges or whittle away your funds too quickly. Here [...]