Investment market update: November 2021
A new variant of Covid-19, dubbed “Omicron”, is affecting some countries around the world, and it could lead to further restrictions in the coming months. The variant comes as supply chain issues caused by the pandemic continue to affect businesses and households.
Do you have realistic investment expectations?
When you invest, how much do you expect to receive in return? A survey suggests that some investors have unrealistic expectations that could affect their long-term financial security.
Is rising inflation a wake-up call to review your savings?
You may have seen inflation in the headlines recently. While the cost of living rising is normal, the rate of inflation has increased over the last few months.
£130 million “lost” in retirement income because retirees aren’t shopping around
If you have a defined contribution (DC) pension, the only way to create a guaranteed income for life is to purchase an annuity. An annuity can create financial security throughout retirement, but research suggests many aren’t getting the income they could be because they’re not shopping around.
5 retirement challenges you could face and what to do about them
Whether retirement is over a decade away or just around the corner, you could face significant challenges that may affect the lifestyle you want. Learning more about these potential obstacles and taking steps to reduce their impact now could make heading into retirement smoother.
7 new year resolutions that could improve your financial wellbeing
The start of a new year is the perfect time to review your finances. It can help you move towards your goals and feel more secure financially. Taking action to improve your financial wellbeing can support your overall wellbeing now and in the future. Here are seven resolutions you could make to have a positive impact on your finances.
Has Covid-19 affected your pension? Here’s how to weigh up the impact and rebuild it
Lockdowns and restrictions have affected the financial security of millions of people. While the short-term impact has been the focus, it could have a long-term effect on your financial security too if it affected your pension savings.
3 things to think about if you want to relocate in retirement
Are you thinking about relocating when you retire? If you are, you’re not alone. Millions of over-50s are planning to move away from their current home as a direct result of the pandemic. It can be an exciting way to kickstart retirement, yet there are things you need to think carefully about first.
The pros and cons of social media financial advice
Financial advice is a complex topic and often requires a professional planner to get it right. The very idea of seeking it can seem daunting, with many people unsure of where to start or who to go to.
After 2 “once in a lifetime” economic events in 12 years, how can you protect your assets?
In the space of just 12 years, the global economy experienced two events that are considered “once in a lifetime” occurrences. As well as having an impact on economies, the 2008 financial crisis and 2020 Covid-19 pandemic are likely to have affected your finances too.
Income Tax doubles since 2000 – here are 2 allowances to help your money go further
The amount of Income Tax paid to HMRC has doubled since the turn of the millennium. With tax bands now frozen until 2026, more workers are likely to find themselves in the higher- or additional-rate tax band. It means it’s more important than ever to make use of allowances to make your money go further.
7 tips for employers embracing the flexible working trend
Employees are placing greater importance on flexible working. For business owners, embracing the trend could help them retain staff and attract new talent. However, while flexible working has benefits, it can also present challenges. Read on to discover some tips if you’re thinking about implementing flexible working.
Scam awareness month: What you need to know to spot a pension scam
Have you ever been targeted by a scam? Fraudsters are becoming more sophisticated, and their scams can be hard to spot. This Scam Awareness Month, learning how to protect your pension could safeguard your retirement plans.
Over 55s planning once in a lifetime experiences, but could finances hold back aspirations?
While the mantra might be “life begins at 40”, over 55s are planning to live their life to the fullest as Covid-19 restrictions lift. Retirement might be associated with taking it easy and putting your feet up, but over 55s are planning to explore new places and tick other items off their bucket list in the coming years. However, finances could hold some back.