Determining how much you need to save for the retirement you want can be difficult enough without actually having to save the money. Your requirements and desires will change over time in the same way that your income is likely to fluctuate. You can’t be expected to know exactly what…

The government has confirmed that the minimum age for drawing a personal pension is to rise to 57 in 2028. Savers who pay into a personal pension either directly or through their workplace can currently access their money at 55. However, the government plans to raise the age as a…

The Covid-19 pandemic has dealt a huge blow to the British economy. The most recent forecasts from the Office for Budget Responsibility (OBR) say that the country is on track to see the largest economic decline for 300 years, with output falling by at least 10% over 2020. While the…

The COVID-19 outbreak has heralded the beginning of a concerning time for everyone. As well as anxiety about our own health and the wellbeing of our loved ones, many of us are understandably worried about the financial future. Recent stock market volatility is worrying for all investors, but especially for…

There has been much talk in the financial press recently of proposed changes to the tapered annual allowance. The taper was introduced in 2016 and gradually reduces the annual allowance for high earners. For every £2 of adjusted income above £150,000 a year, £1 of annual allowance is lost. It…

Do you find yourself counting down to Friday each week, even when it’s only Monday morning? Do you wish you could ditch the daily commute and long hours at the office? Have you got a secret desire to drive across America or buy a second home in the south of…

Retirement has repeatedly been labeled as “the longest holiday of your life.” But appealing as that sounds, do you have enough money to pay for the holiday? Research by one leading insurance company shows that 69% of people aged 50 plus are worried about their income in retirement. Many people…

Do you feel like you just go to work day in, day out, with the weeks quickly turning to months and the months to years? If that’s the case, you may be going through life with a vague notion that your pension contributions will be sufficient to give you a…

Company directors and owners of small and medium-sized enterprises (SMEs) make plans and do forecasts all the time. Cash flow forecasts, SWOT analyses (a technique used to determine and define strengths, weaknesses, opportunities, and threats), plans for renewals and refurbishment; there’s hardly a day when they’re not eyeball to eyeball…

If you pay much attention to advertisers and the media, you might think that retirement is all about riding jet skis, sipping sherry on the French Riviera or cuddling grandchildren. No doubt you’ve seen one, if not all, of the images on many of the retirement articles out there. While…