Have you been offered the chance to transfer your defined benefit (final salary) pension? But do they insist that you take advice first? Then be glad about that – because it’s for your own protection.
If it’s your goal to grow a thriving business, it’s vital to have a safe pair of hands handling the accounts. Inaccurate bookkeeping can harm your business and can even result in severe penalties – but having strong financial statements can save you in many different ways.
Whenever the government or the media talk about the State Pension, you’ll generally hear the phrase ‘triple lock’ being used. It sounds like a good thing, and it is - but not everyone knows exactly what it means. IFA Carl Roberts of Wealth and Tax Management unlocks its mysteries.
It used to be the preserve of big businesses – using sophisticated financial models to plot possible future business outcomes. But modern accounting is levelling the playing field. Rachel Lawrence of accountants Albert Goodman LLP explains why scenario planning isn’t just for the big boys.
For years the property ladder has been rising further out of ordinary peoples’ reach. But the latest figures are a ray of light, showing first home purchases at their highest for 10 years. Martin Stewart of London Money hails the comeback of first time buyers – and throws in a free buyer’s guide too.
Europeans have a pension problem – just 27 per cent of those under 59 have any pension savings at all. But plans are afoot for a pan-European personal pension (PEPP) – designed for those whose work takes them through multiple EU countries.
Many employer pension schemes now include a Death in Service benefit. But should the worst happen, this apparent perk may cause even more grief for your family if you don’t plan ahead. What are the risks and how can you avoid them? Article by Armstrong Watson Financial Planning.
If you’ve made a will, well done. But the job’s not quite finished yet. Many people don’t realise that wills don’t cover pension pots – so you need to make separate arrangements. Chartered Financial Planner Carl Roberts explains.
Saving into your pension is known as the ‘accumulation’ phase. How much you can save up depends on many factors – but you have more control over these than you think. Neil Adams of Drewberry Wealth explains how you should ‘calculate to accumulate’.
You go to university because you want a good job and career. But what you won’t necessarily learn is how to adapt to your new life earning money and being financially responsible. Here are the top tips about work and finance that every graduate should know.
One of life’s biggest decisions is what happens at the very end of it – and it’s the one we least like to talk about. But with burial and cremation costs not only rising but subject to a postcode lottery, planning here has never been more important.
Divorces are like car crashes – fascinating, but only from a distance. Furthermore, every divorce is different, with its own challenges and complications. That’s nowhere more apparent than in these famous and infamous cases. New couples, take warning.
If you think life is looking more and more like Tales of the Unexpected, don’t despair. It’s still possible to take control of your own future – by understanding how pension freedom works. Ian Hartley, financial planning consultant with Armstrong Watson, shares some power tips.