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State Pension Review: Why it matters to your retirement plans

Typical worker approaching retirement is 58% short of their pension goal. Are you saving enough?

Research suggests that many people nearing retirement aren’t saving enough to secure the income they want when they give up work. Understanding your financial goal is crucial as you near the milestone.

Approaching Retirement?




State Pension Review: Why it matters to your retirement plans

4 valuable pension lessons younger generations can learn from the regrets of the over-50s

A survey of over-50s has highlighted that many wish they’d started a pension earlier and saved more. Younger generations can learn from these regrets to secure their own retirement.

Valubale Pension Lessons




State Pension Review: Why it matters to your retirement plans

80% of over-55s don’t have a Lasting Power of Attorney in place. Overlooking this could place you in a vulnerable position

If you don’t have a Lasting Power of Attorney in place, it could leave you in a vulnerable position if you’re unable to make decisions yourself. It can give someone you trust the power to act on your behalf if you need them to.

Over 55s need power of attorney




State Pension Review: Why it matters to your retirement plans

Misconceptions mean that 40% of homeowners don’t have life insurance

Life insurance could provide your family with financial security if you pass away. Yet, a survey suggests that many homeowners aren’t covered due to misconceptions about whether they need it and how it works.

40% of homeowners don’t have life insurance




State Pension Review: Why it matters to your retirement plans

The Platinum Jubilee: From shillings to contactless payments in 70 years

This year, the Queen celebrates 70 years on the throne. In that time, how we use money has changed enormously, from the introduction of decimalisation to contactless payments.

Platinum Jubilee




State Pension Review: Why it matters to your retirement plans

7 important things you may overlook when you’re moving home

Moving home is one of the most stressful things you can do, according to a poll. With so many things to consider, it’s easy for some important tasks to slip your mind. Here are seven things you should do.

House Moving - Important steps




State Pension Review: Why it matters to your retirement plans

State Pension Review: Why it matters to your retirement plans

The government is reviewing the State Pension, and there are suggestions that the State Pension Age could rise. The outcome of the review may affect your retirement plans.

State Pension Review




Pension drawdown: Are you taking a sustainable income?

Pension drawdown: Are you taking a sustainable income?

Research suggests that some retirees are taking unsustainable sums from their pensions. It could mean they run out of money in retirement, highlighting why it’s so important to consider the long term.

Are you taking a sustainable income?




8 things to do to give your finances a spring clean

8 things to do to give your finances a spring clean

As spring approaches, now is the perfect time to review your finances and assets. This can help make sure the steps you’re taking continue to reflect your goals.

8 things to do to give your finances a spring clean




Is the interest rate rise good news for savers?

Is the interest rate rise good news for savers?

The Bank of England has increased its interest base rate. At first glance, this may seem like good news for savers, but the high rate of inflation means you could still be losing value in real terms.

Is the interest rate rise good news for savers?




8 in 10 cancer patients suffer a financial hit

8 in 10 cancer patients suffer a financial hit.

Research suggests that 83% of cancer patients experience some kind of financial impact from their diagnosis. This may be reduced income or higher outgoings. It can be difficult to consider, but there are steps you can take to improve your financial resilience.

8 in 10 cancer patients suffer a financial hit




Why you still need emergency savings in retirement

10 tips if you’re taking on a property project

If you’ve purchased a property that needs work completing or you want to renovate your home, these tips could help you plan your project.

10 tips if you’re taking on a property project




Why you still need emergency savings in retirement

Why you still need emergency savings in retirement

While your financial commitments may be fewer in retirement, a safety net is still important, Yet, just 21% of over-65s say they have plenty set aside for emergencies.

Why you still need emergency savings in retirement




What is the new care cap, and could it benefit you?

What is the new care cap, and could it benefit you?

The government has reformed social care, including a new care cap that will limit how much an individual pays for later-life care. Read on to find out what it covers, and if it could help you.

What is the new care cap, and could it benefit you?




Pension Awareness Day

35 million Brits want their funeral to be a celebration. Here’s how to set out your wishes

While it can be difficult, millions of Brits have thought about their wishes for a funeral. If you have a clear idea about what you want, setting these wishes out is important to ensure they are followed.

Set out your wishes




Pension Awareness Day

How a life insurance policy could help you preserve an inheritance for loved ones

If your estate could be liable for Inheritance Tax, taking out an appropriate life insurance policy could help your loved ones pay the bill and ensure your assets are preserved.

Preserve an Inheritance




What does rising inflation mean for mortgage holders?

What does rising inflation mean for mortgage holders?

With inflation rising, the Bank of England could increase interest rates to reduce the impact. If you’re a mortgage holder, it may mean that your monthly repayments will rise.

Rising Inflation




Pension Awareness Day

10 of the most popular toys on Santa’s list this Christmas

Are you shopping for children this Christmas? Find 10 of the most popular toys this year, from classic Lego to an audio box that immerses young children in stories.

10 top toys!




Pension Awareness Day

Pension Awareness Day

Ahead of Pension Awareness Day, there are some things you can do to make sure your pension is on track to deliver a retirement you can look forward to.

Pension Awareness Day




What is pension tax relief? How it can help you reach retirement goals

What is pension tax relief? How it can help you reach retirement goals

There are many reasons to save into a pension, and tax relief is one. Read on to find out why tax relief is so important and how it can help you get more out of retirement.

What is pension tax relief? How it can help you reach retirement goals




How financial planning can help you strike a better work-life balance

How financial planning can help you strike a better work-life balance

The pandemic has meant people are spending more time working. If you want to rethink your work-life balance, financial planning can give you the confidence to make changes.

How financial planning can help you strike a better work-life balance




Cashflow modelling: How it can give you confidence in your choices

Cashflow modelling: How it can give you confidence in your choices

Cashflow modelling can help you understand the long-term impact of your decisions and how to prepare for things outside of your control. Read on to find out more.

Cashflow modelling: How it can give you confidence in your choices




25% of Brits have less than £500 saved, here’s how to boost your emergency fund

25% of Brits have less than £500 saved, here’s how to boost your emergency fund

With so many Brits struggling with their savings, it’s crucial to know what you can do to give your emergency fund a little extra boost. Here are some tips.

25% of Brits have less than £500 saved, here’s how to boost your emergency fund




5 signs you could benefit from income protection

5 signs you could benefit from income protection

Could you benefit from income protection? It can provide peace of mind and financial security when you need it most.

5 signs you could benefit from income protection




How inflation can reduce your pension and what you can do about it

How inflation can reduce your pension and what you can do about it

One overlooked retirement risk is inflation. Without careful planning, inflation can mean your retirement savings don’t go as far in your later years. Here are three ways you can manage inflation risk.

How inflation can reduce your pension and what you can do about it




Did you know you can defer claiming your State Pension?

Should you defer your State Pension? It could reduce your tax liability

Did you know you can defer claiming your State Pension? In some cases, it can reduce tax liability and boost your income in later years.

Should you defer your State Pension? It could reduce your tax liability




Money mindset: Shaking up how you think about finances could boost wellbeing

Money mindset: Shaking up how you think about finances could boost wellbeing

When we think about financial wellbeing it’s often whether we have “enough”. But new research suggests how we think about money is just as important.

Money mindset: Shaking up how you think about finances could boost wellbeing




Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis

Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis

Half of UK adults say Covid-19 has prompted them to seek financial advice. However, long-term financial planning can mean families are more financially resilient the next time there is a crisis.

Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis




How to choose the right financial protection product to give you confidence

How to choose the right financial protection product to give you confidence

Covid-19 has led to more people considering financial protection policies. You should start by reviewing your concerns, goals, and financial situation to find a policy that suits you.

How to choose the right financial protection product to give you confidence




World Environment Day: Why restoring ecosystems is important

World Environment Day: Why restoring ecosystems is important

The theme for this year’s World Environment Day is ecosystems. The protection and restoration of ecosystems is a huge task, but one we can all take small steps to achieve.

World Environment Day: Why restoring ecosystems is important




Underestimating the amount you need in retirement

6 tax allowances to use before 5 April 2021 to boost your finances

The current tax year ends on 5 April 2021. Some allowances will reset after this date. Making use of them before the deadline can help you get the most out of your finances.

6 tax allowances to use before 5 April 2021 to boost your finances




2 top reasons why you shouldn't just follow exciting investment fads

2 top reasons why you shouldn't just follow exciting investment fads

When shares have performed well, it's easy to think “why didn't I invest all my money there?” But consistently assessing which firms will deliver huge returns without the benefit of hindsight is impossible.

2 top reasons why you shouldn't just follow exciting investment fads




Protecting your business: Why business wills are important

Protecting your business: Why business wills are important

If you're a business owner, do you have a will in place that considers your business security? Overlooking it could affect your legacy.

Protecting your business: Why business wills are important




43% of savers and investors don't know where to find advice

43% of savers and investors don't know where to find advice

More than four in ten people don't know where to seek financial advice and it could mean they're missing out on opportunities. Referrals play an important role in making advice accessible.

43% of savers and investors don't know where to find advice




Why you should review your financial protection when taking out a mortgage

Why you should review your financial protection when taking out a mortgage

Whether you're a first-time buyer or remortgaging, financial protection can provide peace of mind when you have a mortgage to pay. The right policy for you can deliver security should you need it.

Why you should review your financial protection when taking out a mortgage




Underestimating the amount you need in retirement

International Day of Happiness: 5 reasons to be optimistic

In another lockdown, it can difficult to find reasons to be optimistic, but if you look a little closer there are signs of hope and a reason to smile.

International Day of Happiness: 5 reasons to be optimistic




Underestimating the amount you need in retirement

Underestimating the amount you need in retirement: How a mid-life check can help

Two-thirds of those aged 50 to 65 are under saving for retirement. Reviewing your pensions while still working can help you get your savings and retirement dreams on track.

Underestimating the amount you need in retirement




Why a desire to keep active is driving flexible retirement goals

Why a desire to keep active is driving flexible retirement goals

The UK is bucking the trend for a traditional retirement, with more workers hoping for a transitional period that will allow them to blend work and more free time.

Why a desire to keep active is driving flexible retirement goals




Talk Money Week: The benefit of family financial planning

Talk Money Week: The benefit of family financial planning

When we plan our finances, we usually do it individually or with a partner. However, there are benefits to involving wider family who could support your goals too.

Talk Money Week: The benefit of family financial planning




Revealed: the wellbeing and emotional impact of financial advice

Revealed: the wellbeing and emotional impact of financial advice

The impact of financial advice is often talked about. Yet, the value it adds in terms of emotional wellbeing is just as important for many clients and research supports this.

Revealed: the wellbeing and emotional impact of financial advice




7 ways you can support charities to mark International Volunteer Day

7 ways you can support charities to mark International Volunteer Day

International Volunteer Day on the 5th December aims to encourage more people to engage with charities. There's more than one way you can support good causes to mark the date.

7 ways you can support charities to mark International Volunteer Day




Half of workers planning a career change in the coming months due to Covid-19

Half of workers planning a career change in the coming months due to Covid-19

Research suggests that half of workers are planning a career change in the next 12 months, from retraining to work in a new industry to seeking remote working positions.

Half of workers planning a career change in the coming months due to Covid-19




5 tips for keeping pensions on track during the pandemic

Retirement planning as a couple: Balancing different goals

Financial planning is about understanding what you want your finances to help you achieve. For couples at the point of retirement, it can help make sure you're on the same page too.

Retirement planning as a couple: Balancing different goals




5 tips for keeping pensions on track during the pandemic

5 steps that allow you to handle a financial crisis

More than 7 in ten people aren't confident they could financially handle a major expense. Taking steps to improve financial resilience can deliver a confidence boost.

5 steps that allow you to handle a financial crisis




5 tips for keeping pensions on track during the pandemic

Covid-19 spurs over-60s to consider later-life care

Covid-19 has led to families considering later-life care plans, with more set to shun care homes. Yet, the cost of care and home adaptations are often overlooked.

Covid-19 spurs over-60s to consider later-life care




5 tips for keeping pensions on track during the pandemic

3 financial lessons to teach young adults before they go to university

In a few weeks, thousands of young adults will be heading to university for the first time. Now is the ideal time to teach them some financial lessons as they prepare to become financially independent.

3 financial lessons to teach young adults before they go to university




5 tips for keeping pensions on track during the pandemic

Financial protection myth: Policies don't pay out

Despite the myth that financial protection policies don't pay out, statistics show that more than 98% of claims are upheld, providing security for policyholders.

Financial protection myth: Policies don't pay out




5 tips for keeping pensions on track during the pandemic

Rise in flexible working could affect the housing market

Flexible working is set to rise. For the property market, it could mean the focus on transport links and ease of commuting falls down buyers' priority lists.

Rise in flexible working could affect the housing market




5 tips for keeping pensions on track during the pandemic

5 tips for keeping pensions on track during the pandemic

During the market volatility, you may be worried about what it means for your pension. We take a look at five things to keep in mind to ensure your pension and retirement stay on track.

5 tips for keeping pensions on track during the pandemic




Are you in danger of outliving your pension?

Why you should have a Power of Attorney in place

If you don't have a Power of Attorney in place, we take a look at some of the reasons it's a step you should be taking as part of your estate plans.

Why you should have a Power of Attorney in place




6 financial steps to take during the pandemic

Lockdown checklist: 6 financial steps to take during the pandemic

Whilst we're still in lockdown and spending more time at home, there is some financial and planning admin that can be done to help make sure you remain on track. Here are six tasks to do during the stay at home period.

6 financial steps to take during the pandemic




Is university worth it for children and grandchildren?

Is university worth it for children and grandchildren?

As a new cohort of students plans to head to university in September, you may be worried about the financial impact it will have for children and grandchildren. The good news is that most benefit in the long run.

Is university worth it for children and grandchildren?




5 things to consider before becoming a landlord

Demand for rented homes bounces: 5 things to consider before becoming a landlord

More people in their 20s are saving into a pension than ever before. But what steps should they be taking to get the most out of retirement savings?

5 things to consider before becoming a landlords




Are you in danger of outliving your pension?

What are your rights if you have a summer holiday booked?

If you had a summer holiday booked, what are your refund rights amid the coronavirus pandemic? We take a look at when a refund should be offered and what your next steps should be.

What are your rights if you have a summer holiday booked?




Are you in danger of outliving your pension?

How to save for retirement in your 20s

More people in their 20s are saving into a pension than ever before. But what steps should they be taking to get the most out of retirement savings?

How to save for retirement in your 20s




Are you in danger of outliving your pension?

4 ways you can efficiently pass wealth on to the next generation

If you plan to pass wealth on to children or grandchildren, how to do so efficiently should be a consideration. It could mean more ends up in the hands of your loved ones

4 ways you can efficiently pass wealth on to the next generation




Are you in danger of outliving your pension?

Pocket money: Passing on financial skills to children and grandchildren

Handing over weekly pocket money to children and grandchildren can do more than giving them a bit of spending money, it can be the start of building financial skills that will last into adulthood.

Pocket money: Passing on financial skills to children and grandchildren




Are you in danger of outliving your pension?

The clever tactics criminals use to scam you

Criminals are getting their hands on millions of pounds a year by conning unsuspecting victims. Do you know how to spot a fraudulent email or suspect call?

The clever tactics criminals use to scam you




Are you in danger of outliving your pension?

Why financial planning is important for Generation X

Iif you're part of Generation X, it's the perfect time to start planning your finances to ensure you're on track for meeting goals in the short and long term.

Why financial planning is important for Generation X




Are you in danger of outliving your pension?

Insurance: Why are we more likely to protect pets and possessions than ourselves?

A third of people would take out pet insurance but just 17% consider taking out income protection to secure their financial future.

Insurance: Why are we more likely to protect pets and possessions than ourselves?




Are you in danger of outliving your pension?

Why protection should be part of your financial plans to stay on track

Financial protection products can provide essential cash injections when it's needed most to keep your plans on track. There are many reasons why policies can be useful and provide you with peace of mind.

Why protection should be part of your financial plans to stay on track




How caution could be affecting your future

How caution could be affecting your future

Does bias affect the financial decisions you make? It could have a significant impact on your future. We take a look at some of the subconscious bias that could be affecting you.

How caution could be affecting your future




5 ways financial planning can help if you're self-employed

5 ways financial planning can help if you're self-employed

Being self-employed comes with many benefits. But it often means taking more responsibility for your finances now and in the future, this is an area financial planning can help with.

Danger Outliving your Pensions




5 reasons to review your will now

5 reasons to review your will now

When was the last time you reviewed your will? If it's been a while or your circumstances have changed, now is the ideal time to take another look at it. Are you at risk of outliving your pension?

5 reasons to review your will now




Are you in danger of outliving your pension?

What you need to know when topping up your State Pension

Figures show a huge surge in the number of people making voluntary National Insurance contributions to top up their State Pension record. It could help you increase your retirement income but there are some things to be aware of before you proceed.

Topping up your State Pension




6 things to avoid when accessing your pension

6 things to avoid when accessing your pension

Thousands of retirees access their pension every year. However, it can still involve making many challenging decisions.

  • How should you access your savings?
  • What is a sustainable annual income?
  • What can you do to minimise tax?

    Understanding the pitfalls to avoid when you first access your pension can help you build a retirement income that suits you.

    6 things to avoid when accessing your pension




    Are you in danger of outliving your pension?

    Are you at risk of outliving your pension?

    We spend much of our working lives contributing to a pension to create an income that affords a comfortable retirement with a few luxuries.

    But a survey suggests that many saving into a pension are worried about running out.

    Danger Outliving your Pensions




    The basics of IHT

    The basics of Inheritance Tax and why it's being reviewed

    Inheritance Tax (IHT) is one of the most unpopular types of tax in the UK and often referred to as a 'death tax'. With the Office of Tax Simplification (OTS) reviewing it and recommending changes, it's the perfect opportunity to look at why and what the current rules mean for you.

    The basics of Inheritance Tax




    Sticking to Volatility Plan 2018

    Sticking to Volatility Plan 2018

    2018 proved a difficult year for investors. Volatility meant many saw the value of their investments fluctuate and it led to the majority tinkering with their long-term financial plans amid concerns. However, it's a step that may not be right for them and could mean lower returns over the long term.

    Sticking to Volatility Plan 2018




    What is a Bear Market?

    What is a Bear Market?

    The world of investing can often seem like it's filled with jargon and confusing phrases. Among those may be 'bear market' and 'bull market'. When you're reading the financial papers of newspapers or browsing online, these terms are likely to crop up, but what do they mean?

    What is a Bear Market?




    Financial Protection Products

    When to consider financial protection products

    Financial protection probably isn't something you often think about, but it should be part of your financial plan. What would happen if your income were to unexpectedly stop for a period of six months for example? Many people dismiss financial protection as something that isn't suitable for their situation. However, if losing your main source of income would have an impact on your lifestyle, it's worth looking at your options.

    Financial Protection Products




    Financial Protection Products

    Using savings to achieve aspirations

    What's on your bucket list? Whether incredibly exciting experiences, exotic travel destinations or something entirely different features on your list, it's likely finances will play some role in how achievable they are. Could your savings be used to tick a few of your aspirations off?

    Savings for Aspirations