Jason Witcombe offers up his best guidance for individuals approaching retirement and reassures individuals that with careful planning one can often retire sooner than first thought. 1. What’s the best advice you would give someone who is approaching retirement? To look at your finances as a whole rather than solely focusing on pensions. That way
Flora Maudsley-Barton tackles the difficult scenario of a couple who are considering divorce and gives her top financial tips to help keep things amicable when it comes to those joint assets. 1. What are the three most important things that couples should consider when they get divorced? Be realistic about the property market, ask your
Our kids are accomplished consumers, bombarded by advertising, and it’s easy to learn how to spendmoney. Sadly there isn’t a culture of financial education in schools, which leads to an ignorance of financial planning that is anything but bliss for many young adults as reality kicks in. Action at home is required. First, rewind and consider what YOU
Any mortgage borrower in the UK is likely to be aware of the tough lending conditions that have dominated the market in the last few years. Lenders have tightened their criteria and getting a mortgage has become much harder than it was in the boom years. The goal posts continue to move even now, as lenders continue
THE government have introduced new flexibility for pension savers with small pension pots, allowing them to take their fund as a one-off lump sum rather than having to buy an income with it. HM Revenue & Customs estimates that this will affect around 25,000 people who are aged over 60, who have total pension rights
Karen Barrett, chief executive of adviser directory unbiased.co.uk, plans a tasty alternative career and says people’s love affair with houses is not over. What was your first ever investment? An Aberdeen technology ISA, which was absolutely the worst decision anyone could have made as it was just before the dotcom bubble burst.
Most of us like to think we’re doing our bit for the environment, be it recycling or switching to energy-saving light bulbs, but now more than ever, investors are seeing the attraction in this area for their money. Ethical investments have been available for nearly three decades although it is only recently that they have shaken
Lots of us – particularly in the current economic climate – have got our heads round having our loyalty cards with us when we’re out shopping, or searching online voucher sites for discounts before we head out for a meal. Checking prices online when making higher value purchases is second nature too and we’re all
THE State pension was introduced a century ago when a quarter of working people died before they reached retirement and those who did drew it for an average of just five years. Today we’re all living much longer, so it’s not surprising that the State pension age is set to rocket. What’s changing? The State pension
In these current times of austerity who wants or needs to pay out yet another monthly premium especially on something like insurance we will never spend! Life cover pays a lump sum upon death or diagnosis of a terminal illness. It can be taken out for a fixed term or the whole of your life and can
Unfortunately, a significant number of marriages end in divorce. Should this happen to you it is vital that, as well as speaking to your solicitor, you also obtain the advice of a Resolution accredited independent financial adviser (IFA). Article by Scott Gallacher.