Great – you’ve found a financial adviser. Now you can get ready for your free first meeting, to help you decide if you want to proceed to full advice. Here are some preparation tips and some questions you may want to ask.
As Japan contemplates a national pension age of 70 or 75, and the UK’s own state pension age continues to rise, workers everywhere face the prospect of delayed retirement. Meanwhile, many British workers fear their own pension savings will not be sufficient – so what’s the solution?
People taking income from their pension pots are being unusually cautious at the moment, according to new figures. Economic uncertainty has prompted pensioners without a guaranteed income to spend less and take a prudent approach.
If you’re choosing a financial adviser, you may be wondering what sort of fees to expect. This Unbiased guide explains how advisers price their services – and also introduces a brand new online tool for checking the cost of advice.
The UK is at risk of ‘sleepwalking into a cashless society’ before it is ready, according to a recent report. Alternative payment methods may make cash obsolete by 2026 – but millions of people remain reliant on cash for everyday payments.
The mandatory minimum contribution into workplace pensions is set to increase in April, as part of the government’s bid to prevent a future pensions crisis. Consequently, millions of workers who are paying the current minimum will see their take-home pay reduced – in exchange for ‘more jam tomorrow’. Article by Nick Green
Since it was launched in September 2018, over 80,000 people have signed up for the government’s Help to Save scheme. But with millions more potentially qualifying for the low-income scheme, Brits are missing out on billions worth of potential bonuses. Article by Nick Green.
What will happen to pensions when we leave the EU? With the possibility of a no-deal Brexit, there is even more uncertainty over retirement funds. We look at how your pension could be affected – whether you have dreams of retiring abroad or staying in post-Brexit Britain. Article by Nick Green.
It’s easy to give good reasons for planning your pensions, investments, savings and protection. So why wouldn’t you do these simple things? Morven Millar, director of Gresham Wealth Management, looks at the most common obstacles to good planning.