No such thing as a ‘no risk’ pension
When looking at options for funding your retirement, it’s important to understand that your pension pot will be invested – and as with all investments, your capital is at risk.
Retirement planning
Equity release in retirement; supplementing your pension with your property
When nearing retirement we face the challenge of ensuring our funds will last. Increasing numbers of UK homeowners have been looking for alternative methods to increase their income in retirement and are turning to their property to supplement their pensions.
How to track down a lost pension or investment
It’s now common for people to have multiple pensions. Finding details of lost pensions or investments can mean digging out paperwork from the attic, the basement or working out who to call.
Why are some people cashing in final salary pension schemes?
In recent years final salary pension schemes have been phased out by employers because people are living for longer and the uncrystallised liabilities are wreaking havoc with corporate balance sheets. Robert Blumberger explains why this is happening and sounds a cautionary note for those attracted to the idea of transferring.
How much should I save for retirement?
Depending on the kind of retirement you’d like to have, there are some guidelines which can help you calculate what you’ll need to save today for a comfortable retirement.
What is a trust?
A trust is a method of managing assets, and are commonly used for estate planning, minimising tax payments. Find out more about how they work and why they’re a helpful too in an adviser’s toolbox.
What is the value of financial advice? £40,000 apparently
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.
Five financial planning tips for 2019
Many of us look to January for a fresh start – to make changes or new resolutions, but why wait? Find out our top 5 tips for this year to make sure you’re on track to your financial goals.
Cashflow planning: visualising financial journeys
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.
Living the Future Life – should we be planning to live to 100?
How does increasing life expectancy affect people planning? We look at a report by the Pension Policy Institute and summarise the key findings.