Retirement cash flow modelling
Assessing your current and projected wealth, income and expenses Retirement planning is of utmost importance, regardless of your income or wealth. It ensures a steady income stream after retirement and provides financial security for you and your loved ones.
Preparing the next generation to engage with their finances
How to help with money management and financial literacy Passing on the benefit of your experience to your children or grandchildren is crucial for their future success. However, financial planning can be complex, and even the most knowledgeable individuals may need help.
How to reduce the impact of inflation on retirement income
During periods of economic uncertainty, it’s advisable to reassess your retirement plan Living on a fixed income, such as a pension, during high inflation can be challenging. As costs rise, your monthly income remains the same, potentially causing your pension pot to deplete faster than anticipated and impacting your retirement standard.
Macro trends impacting weddings in 2023
Main pressures are rising costs and unexpected expenses from suppliers The cost of living crisis, inflation and social media pressures are causing couples to go over budget on their special day. Rising costs and unexpected expenses from suppliers are the main reasons for increased spending. According to new data, several macro trends have impacted weddings […]
Do our later life dreams really become retirement reality?
Taking the necessary steps towards a fulfilling retirement UK adults aged 50 and above were asked about their retirement dreams and whether they had turned out as planned. The survey revealed various insights into retirement hopes, realities and the importance of preparation[1].
Gap in knowledge and uptake of Power of Attorney
Protecting individuals and facilitating smoother decision-making processes Recent data highlights a concerning gap in knowledge and the uptake of Power of Attorney in the UK[1]. While 95% of adults know of its existence, only one in three truly understand how it is utilised in practice.
Retirement challenges faced by women
Nearly half of women aged 50-65 plan to continue working in some capacity after reaching the State Pension age Years of gender-based earnings disparity have resulted in a significant pension savings gap between men and women, leaving many women in their 50s and 60s financially precarious. According to analysis, women are more than twice as […]
Millions may have to rethink their retirement plans
More than one in ten have mortgage debt in the final decade before they retire Two-thirds (67%) of Britons admit to having debt that is weighing them down, according to a recent study[1]. Additionally, nearly one in ten (9%) adults in the UK are unsure about the amount they owe in outstanding debts, rising to […]
How much will I need to live on in retirement?
Planning for your life after work to ensure a financially secure future Retirement planning is an important step to ensure a financially secure future. When calculating how much you’ll need to live on in retirement, there are various factors to consider. Everyone’s circumstances are different.
Professional financial advice, where’s the value?
Making more informed decisions about money leads to better financial health in the long run We readily trust medical professionals with our health and legal professionals with complex legal matters. Yet, some people hesitate when seeking advice on financial matters. This might be attributed to a few different factors.