As the world enters a new decade, state pension ages are rising across the globe. Japan is proposing a national pension age of 70 and already there are calls from some quarters for the UK to follow suit. Meanwhile, many British workers fear their own pension savings will not be sufficient – so what’s the solution?
So you’ve heard about ‘robo-advice’ – you’re just not sure what it means. Could online apps really deliver a service comparable to financial advice? Here are some reasons to be sceptical.
Many older people turned to their properties as a source of cash last year, due to the rising costs associated with later life. In 2018 homeowners borrowed nearly £11 million a day against the value of their homes, via the process known as ‘equity release’.
If you want to be a successful investor, there’s one question above all that you need to answer. And that is: why am I doing this? Discover how a clear investment goal can make all the difference.
From 1 April it is compulsory for businesses to file their VAT online, as part of the government’s campaign Making Tax Digital. However, with 1.2 million UK companies expected to be affected by the new format, there are serious questions about whether organisations across the country are efficiently prepared.
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.
Thousands of people across the UK may be unable to switch their mortgage to one with lower interest rates. The FCA is now considering changes to its strict affordability criteria that have made it harder for homeowners to remortgage.
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.
Rejection hurts. You’re sure you could afford a mortgage, so why won’t the lender agree with you? A new online tool makes it easy to test your application first to increase your chances of a perfect match. Article by Nick Green.
The government service Pension Wise offers free guidance on pension options, but is it the same as 'advice'? Here’s one way of looking at the difference between advice and guidance.
When was the last time you reviewed the recipients of your insurance policies? Insurance provider Phoenix Life has found that the majority of people have forgotten to update their policies after setting them up. This could result in money going to the wrong people in the result of a payout.