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…)

Securing more of your wealth

Posted on July 1, 2016 by - Uncategorized

You don’t have to be wealthy for your estate to be liable for Inheritance Tax

Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones much easier. (more…)

Splashing the cash

Posted on July 1, 2016 by - Uncategorized

New ‘YOLO’ generation gambling with their financial future

The prospect of saving for tomorrow may feel too distant for some, but to achieve long-term goals (including financial security in retirement) we all need to consider reprioritising our needs to give ourselves a better financial future. But, more than four in ten Britons in their 30s and 40s (45%) are stopping any future saving in favour of spending their cash, according to Scottish Widows’ tenth annual Savings Study. (more…)

Appetite for risk

Posted on July 1, 2016 by - Uncategorized

Striking the right balance is important to avoid losses

While diversification is important, you should keep in mind how much risk you are prepared to accept on your money. If it is important to you to avoid losses, you may want a portfolio that has less in shares and more in cash and fixed interest securities held to maturity, for example. (more…)