Breaking free from geopolitical noise
Why long-term portfolio success depends on strategy, not global headlines. Global events continue to make headlines and spark debate among investors. From intense political exchanges in the US to displays of European unity overcoming post-Brexit tensions, and the latest tariffs introduced by the US, there is no shortage of geopolitical drama. Furthermore, the ongoing Russia- Ukraine conflict and the escalating Israel-Palestine tensions have further increased global uncertainty, with ripple effects being…
Unlocking financial freedom
Save, invest and grow your wealth for a secure future A Self-Invested Personal Pension (SIPP) is a type of personal pension that provides you with greater control over how and where your retirement savings are invested. While it operates similarly to a standard personal pension by allowing you to save, invest and grow your wealth, SIPPs stand out because of the flexibility they provide.…
Show me the money
£102.3 billion withdrawn flexibly from pension pots since 2015 Seven in ten people who withdrew funds from their pensions over the last decade were under 65, according to recent findings from the Department for Work and Pensions (DWP). The data highlights concerns about accessing retirement pots before reaching the State Pension age. Almost 43% of all flexible pension withdrawals were made by people under 60,…
Mind the divorce gap
Research highlights the financial challenges faced by women Divorce is a life-altering event and, for many women, it results not only in emotional turmoil but also in financial hardship. Research indicates that women generally see their household income halve within a year of divorce, while men’s incomes decrease by only 30%[1]. This gap leaves women more exposed, with 24% struggling to manage their finances…
Saving vs investing
Understanding your financial options for now and the future Managing your finances can often feel overwhelming, particularly when deciding between saving and investing. Savings are aimed at short-term needs or emergencies, offering a sense of security and quick access to funds through low-risk options such as savings accounts. This approach ensures that you are financially prepared for unforeseen expenses or near-term goals. Investing, on the…
Setting investment goals and timescales
How to clarify your path to financial success Establishing clear investment goals is essential for achieving long-term success, as they serve as a roadmap outlining the purpose and desired outcomes of your investments. By defining your priorities, you can make informed decisions, avoid distractions and effectively track your progress. Whether you are saving for retirement, funding your child’s education or building wealth for future opportunities, clear objectives…
Who will inherit your pension? Find out now!
A new study reveals a startling insight. As many as one in six (15%) individuals with a partner are unclear about who will receive their pension savings if they pass away before accessing them[1]. Even more concerning, this figure rises to nearly one in five (18%) among the Silent Generation (aged 79 and older). Such statistics highlight the urgent need for improved awareness and planning…
A new era for pension funds following a significant shift in tax policy
Over the next few years, significant changes to pensions and Inheritance Tax (IHT) rules are anticipated to transform the UK’s financial planning landscape. For individuals and families, proactively adapting to these changes is critical to protecting your wealth and ensuring your legacy benefits your loved ones. This article breaks down the key elements of IHT, the changes set to take…
LANDSCAPE OF WORKPLACE PENSIONS
SIX IN TEN EMPLOYEES FEEL THEY ARE NOT SAVING ENOUGH FOR RETIREMENT A concerning trend among UK workers in workplace pensions and long-term saving has been highlighted in recent research. Six in ten employees feel they are not saving enough for retirement, with a third experiencing anxiety when assessing the amount they have saved, the data shows[1]. Despite these worries, there is…
GUIDE TO INCOME PROTECTION INSURANCE
How would you pay your bills if you couldn’t work? Safeguarding your financial stability is more crucial than ever in the unpredictable journey of life. Income protection insurance is pivotal in a comprehensive financial strategy, offering you and your family a safety net during unexpected life events. It’s insurance that works while you can’t. Knowing that your income is secure should unforeseen…