Topic: Uncategorized

Retirement freedoms

Posted on July 1, 2016 by - Uncategorized

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). (more…)

Lack of preparation for the unexpected

Posted on July 1, 2016 by - Uncategorized

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, MORE THAN 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. (more…)

Advent of crowdfunding

Posted on July 1, 2016 by - Uncategorized

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. (more…)

Managing your retirement savings

Posted on July 1, 2016 by - Uncategorized

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’. (more…)

Return of multi-generational households

Posted on July 1, 2016 by - Uncategorized

Two in three agree living with family is beneficial

Multigenerational 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. (more…)