How to find or trace a lost pension
Total value of lost pension pots £26.6 billion in 2022 Tracking down a lost pension pot can be daunting, especially if you’ve switched jobs multiple times throughout your career. The good news is that resources and strategies are available to help simplify the process.
Pension drawdown
Greater flexibility in accessing your pension funds Pension drawdown is a flexible way of taking income from your pension, introduced after the pension freedom rules in April 2015. Before that, the government limited how much income you could take from your pension unless you had other sources of income, and annuities were commonly used to […]
Charting your investment trajectory
Understanding your present financial standing and visualising your aspirations When it comes to charting your investment trajectory, a well-drawn roadmap can be an invaluable guide. By understanding your present financial standing and visualising your aspirations, you can devise a solid strategy to steer you towards your financial objectives.
Goals-based saving and investing strategy
Staying focused and disciplined, even when markets are volatile It’s crucial to remember that saving and investing is not just about making money. It’s about making your money work for you to help you achieve your financial goals. Therefore, it’s important to have a clear understanding of what those goals are before you start investing.
Cash flow modelling
Are you looking to grow your wealth long-term or seeking immediate returns? Investing can feel like navigating uncharted territory, particularly for those new to the field. With many options and strategies available, it’s crucial to grasp what you aim to achieve with your investments clearly. Are you looking to grow your wealth long-term or seeking […]
Understanding investment objectives
Risk appetite, current finances, and future aspirations Investing is a lifelong journey; the sooner you embark on it, the better your financial future. Whether you’re a seasoned investor or a novice, understanding your investment objectives, risk tolerance, and timeline is crucial.
Risk tolerance
There’s no such thing as a ‘no-risk’ investment Investment risk is an inherent part of the financial market. However, how much risk you should take on isn’t a one-size-fits-all answer. It depends on your individual circumstances, goals, and comfort level with risk. Some people are more comfortable with risk than others. Some are willing to […]
Investment asset allocation
Create and protect wealth, especially during volatile market conditions Investment asset allocation is a critical component of successful financial planning. It’s diversifying your investments across different asset classes, such as equities, bonds, property, and cash, to minimise risk and maximise potential return. The goal is to create and protect wealth, especially during volatile market conditions.
Responsible asset selection
Supporting responsible practices and contributing to a sustainable future Environmental, Social and Governance (ESG) investing is a strategy that focuses on companies that prioritise environmental, social and governance factors in their operations. Investing in these businesses supports responsible practices and contributes to a sustainable future.
Impact of inflation on investments
Navigating effectively through inflationary periods Inflation, the general increase in prices and fall in the purchasing value of money, is a critical factor that investors must consider. It’s particularly relevant in the current economic climate in the UK, where inflation rates still remain high.