Monthly Archives: May 2021

Boost your pension savings

Planning to achieve your retirement goals sooner

Are you ‘mid or late career’ or planning to retire within ten years? If the answer’s ‘yes’, then you probably want to know the answers to these questions: Will I be able to retire when I want to? Will I run out of money? How can I guarantee the kind of retirement I want?

A new tax year, a new start for your finances

Creating a roadmap for your future financial success

It’s always a good time to consider financial planning, but at the start of a new tax year, when you have a fresh set of annual allowances to take advantage of, you have the perfect opportunity to get your financial affairs in order and align them with your goals.

Minimum pension age to increase

Age change to when people can start taking pension savings

The government has confirmed that it plans to increase the minimum pension age at which benefits under registered pension schemes can generally be accessed, without a tax penalty, from age 55 to age 57 commencing 6 April 2028.

The Bank of Grandma and Grandpa

How to give a helping hand financially to your grandchildren

For many years, adult children have been relying on the ‘Bank of Mum and Dad’ for financial help, to gain a further education or get on the property ladder. But even as they start their own families, it’s increasingly common for these adults to count on their parents’ wealth to secure the lifestyle they want for their children.

Smoothing out market volatility

Pound cost averaging – how to avoid trying to second-guess market movements

The coronavirus (COVID-19) outbreak led to the biggest daily drop in the FTSE 100 on 12 March 2020, since the financial crisis. The FTSE 100 fell 9% when markets opened — worse than any single day in 2008 and beaten only by the record figures of 1987’s ‘Black Monday.’