What’s in your workplace pension default fund?
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.
Retirement planning
6 steps to your estate planning
If you haven’t started – or if you haven’t written it down – this checklist will help get your thoughts in order.
Mind the Pension Gap 2020
How do you feel about your retirement? Research and insights into the UKs attitude to retirement.
Brewin Dolphin: The crisis has hit my income – should I cash in on my pension?
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 [...]
Retirement tips for the Covid-19 crisis
Be patient and consider retirement strategies - Even before most of us had heard of Coronavirus, only 25% of Brits felt confident that they would have enough to retire on without needing to supplement their pension. The impact of the Coronavirus pandemic on the global stock markets has resulted in the average pension fund value falling [...]
COVID-19 impact on retirement
How has Covid affected your pensions? We’ve all been affected differently, whether we’re working and saving towards a pension, approaching retirement, or drawing on our funds.
The Importance of investing early
Originally published on hsbc.co.uk Your twenties are a time when there are almost too many goals to save for. You may want to buy your first home, purchase a car, or save up to travel the world in the future. Whatever your goals, and whether your plans are short term or long term, they all [...]
Could the furlough lifestyle lead to more semi-retirement?
With a quarter of the UK’s working population now being supported by the government’s furlough scheme it’s reasonable to assume that for some older workers, working from home has opened their eyes to what winding down their working life could look like. Tim Anderson, an independent financial adviser based in Wren Sterling’s London office talks [...]
Important financial issues to discuss with your family
Money is a notoriously difficult subject to discuss with family. But this is an extraordinary time, with concerns around ill-health amid an environment of rock-bottom interest rates, stock market volatility, and economic turmoil. The current situation could provide an opportunity for openly discussing financial issues. Here, we consider some potential topics. 1. Your estate Inheritance [...]
ABI warns against ‘Pensions panic’
With lockdown causing financial worries for many families, the ABI is warning people not to see their pensions as a quick way of raising cash, and to think twice before making any rash financial decisions during this uncertain time.