Return of multi-generational households

Two in three agree living with family is beneficial

Multi-generational households could be set to grow in popularity as property costs continue to rise. A new report from Aviva suggests that based on the rate of growth seen in the past 10 years – and assuming house prices will continue to rise – there could be 2.2 million people living in multi-family households and 3.8 million 21–34-year-olds living with their parents by 2025. Continue reading

Why now is the time to review your pension

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Taking an active interest in your retirement savings

Millions of savers currently spend very little time reviewing their pensions, with more than a quarter of savers (28%) admitting to never reviewing their retirement savings, while almost a fifth (19%) of those with a pension said they review it less than once every five years[1] according to figures released by Aviva. Continue reading

Lack of preparation for the unexpected

A quarter of us could only afford to pay household bills for a maximum of three months

Protecting your family should underpin financial planning, and it can also be a key business tool or estate planning mechanism. But, despite this, one in five (21%) people admit their household would not be financially secure for any length of time if it lost its main income through unexpected circumstances. Continue reading

Retirement freedoms

What are the income options for your pension?

Deciding what to do with your pension savings is an important step we will all have to take. Following changes introduced in April 2015, you now have more choice and flexibility than ever before over how and when you can take money from your pension pot. These changes give you freedom over how you can use your pension pot(s) if you’re 55 or over and have a pension based on how much has been paid into your pot (a defined contribution scheme). Continue reading

Managing your retirement savings

Consolidating your separate pensions into one single pension wrapper

If you’ve accumulated numerous workplace pensions over the years from different employers, it can be difficult to keep track of how they are performing. The process of bringing all your pensions together is called ‘consolidation’. It is often referred to as a transfer. If you have more than one pension pot, you might want to consider consolidating all of your pots into one for simplicity. You may also benefit from lower charges by doing this. Continue reading

Alternative assets

Investment company growth story of the decade

Over a third of the investment company sector is invested in alternative assets as research suggests from the Association of Investment Companies (AIC). The term ‘alternative’ is used to cover many other types of investments that are not traded on stock markets. These might include the shares in private companies, physical property or infrastructure projects. Continue reading

Kubera Wealth News

Team News

In March, we welcomed Krishna Gaglani and Daniel Hawes to our team to assist myself, Adam and Chris with client administration and reviews. They are both young, passionate and full of humour and sparkle, and will undoubtedly become a key part of the team that enables us to move our service levels to new heights. If you haven’t already spoken to them, I am sure you will get to know them soon.

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Advent of crowdfunding

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Innovation in both finance and technology

One of the main innovations in both finance and technology over the past few years has been the advent of crowdfunding. Crowdfunding is a way of raising finance by asking a large number of investors each for a small amount of money. In the past, financing a business, project or venture typically involved asking a few investors for large sums of money. Crowdfunding switches this idea around. Continue reading

Are you fit to retire?

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Getting your pension in shape to enjoy the kind of lifestyle you want in later life

‘Will I be able to afford the retirement lifestyle I want?’ is a question that many people ask but struggle to figure out. There are many ways to assess your likely income in retirement and work out how much you need to put away now to enjoy the kind of lifestyle you want in later life. Continue reading