We take a look at the finances of three fictional heroes from the UK and discuss how financial planning could help them. While we had a lot of fun writing this article, it highlights several specialist areas of financial advice, and how versatile an adviser’s toolbox can be.
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.
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.
It’s now common for people to have multiple pensions. How can you find details of lost pensions or investments without searching in the attic for the paperwork?
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 you will need for retirement depends on you. But if you’re wondering how much to save in your pension, or whether you can afford the kind of retirement you’d like, you can calculate what roughly you’ll need to save today for a comfortable retirement tomorrow.
Trusts are commonly used for estate planning, minimising tax payments. Find out more about what they are, how they work and why they’re a helpful tool in an adviser’s toolbox.
According to the ILC, financial advice could make you better off. Find out how financial planning could help you, and the true value of an IFA.
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 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.