Money Minder UK

Recent News

The State Pension Age moved to 66. Listen to Ray Back on BBC Radio Lincolnshire

The State Pension Age moved to 66. Listen to Ray Back on BBC Radio Lincolnshire

Friday, 09 October 2020 -

Listen to Ray Black talk with Melvin Pryor about the state pension age.

Read More »


Family Finances

Family Finances

Friday, 25 September 2020 -

Traditional spending and saving habits have been turned upside down

Household finances, including spending and saving patterns, have deteriorated drastically since the coronavirus (COVID-19) lockdown, despite unprecedented Government support. Traditional habits have been turned upside down, and household budgets that guided our incomings and outgoings before the pandemic are no longer valid.

Read More »


Rise of the female breadwinner

Rise of the female breadwinner

Thursday, 24 September 2020 -

Women now earn the most in one-in-four households

The proportion of female breadwinners is steadily rising but the trend could be knocked off course by the coronavirus (COVID-19) crisis. Women out-earn male partners in almost a quarter of households, up from a fifth 16 years ago, according to new research[1].

Read More »


Top 10 countries to retire abroad

Top 10 countries to retire abroad

Tuesday, 22 September 2020 -

Living in a place where the lifestyle and cost of living matches your financial situation

Are you ready to spend your golden years in comfort, style and maybe even a bit of luxury? As a retiree, you’ll want to be able to live in a place where the lifestyle and cost of living matches your financial situation.

Read More »


Retirement matters

Retirement matters

Thursday, 17 September 2020 -

Staying invested and giving your money the greatest chance to grow

Perhaps the most common investment advice is to stay invested. But with markets being so volatile, the ease of sticking to that advice has been sorely tested in 2020. Even though we’ve seen global markets bounce sharply from their March lows, understandably there will still be those investing for retirement who remain worried and wonder what the best approach is for the remainder of the year and beyond.

Read More »


Freeing up extra money

Freeing up extra money

Tuesday, 15 September 2020 -

Home is where the heart and tax-free wealth is!

Preferring to remain in their own homes for as long as possible is, for many people, increasingly becoming an important part of how they view older age. There may be several reasons for this: to keep the family home, stay close to friends or remain in comfortable and familiar surroundings.

Read More »


Thinking ahead

Thinking ahead

Friday, 11 September 2020 -

How our retirement plans may change in response to the coronavirus pandemic

The coronavirus (COVID-19) pandemic has touched virtually every part of our lives and is having a widespread impact across all aspects of financial life, including retirement plans.

Read More »


Planning a move abroad?

Planning a move abroad?

Thursday, 10 September 2020 -

Undertaking what is required takes a great deal of thoughtful consideration

You’ve always dreamed about living aboard, but how do you make that a reality? The first practical step is to think about where you are in your life and weigh up which options are available to you. Factors like your age, financial situation and skill set will come into play as you consider where to explore long term. More open borders and the need to find work in the wake of the financial crash mean more people live outside the country they were born in than ever before.

Read More »


Building a strategy that meets your financial needs

Building a strategy that meets your financial needs

Wednesday, 09 September 2020 -

Preparing ourselves for life to be really strange for some time

The only constant in life is change, which is why individual financial life planning should not be a one-off exercise. Reviewing your finances regularly is essential if you want to stay on track to meet your financial goals. Making sure your finances are in the best possible shape will also make sure you stay on course to achieving everything you want.

Read More »


Retirement freedoms

Retirement freedoms

Tuesday, 08 September 2020 -

Ensure your future income will allow you to enjoy the lifestyle you want

Preparing for retirement is like getting ready for a journey – it never goes quite as planned. But the better the plan, the better the outcome. When things go wrong, you want to have the flexibility to adapt to changing circumstances. You never know what retirement will be like until you get there.

Read More »


Protecting your retirement plans

Protecting your retirement plans

Monday, 07 September 2020 -

Don’t let coronavirus derail your financial future

The COVID-19 pandemic has touched virtually every aspect of our lives, not least of which is how we save for retirement. And while the number one priority is keeping our families and ourselves safe and healthy, the next topic on most people’s worry list is the financial impact, especially if the situation doesn’t improve quickly.

Read More »


How would you cope without an income?

How would you cope without an income?

Friday, 04 September 2020 -

Make sure you’re ready should the unexpected happen

Mental health conditions might not be as easy to pin down as physical health conditions, but insurers are increasingly recognising the need to provide cover and support to people suffering with mental ill health. And with mental health behind so many income protection claims, it’s worth reviewing what protection you have in place.

Read More »


Risk of retirement longevity

Risk of retirement longevity

Thursday, 03 September 2020 -

Maximising investment returns over a longer life expectancy

There are lots of variables in retirement: how long people will live for, the costs of goods and services they will need, interest rates available on their accumulated savings, and so on. But once you have retired, investing is anything but straightforward.

Read More »


Beware of pension fraudsters

Beware of pension fraudsters

Wednesday, 02 September 2020 -

Safeguard your hard-earned retirement savings from COVID-19 scammers

Fraudsters are exploiting fears over the COVID-19 pandemic to target pension savers and investors. The Pensions Regulator, the Financial Conduct Authority (FCA) and the Money and Pensions Service have issued a joint statement urging people not to make rash pension decisions in the wake of the global pandemic, as criminals try to exploit public fears over the market turmoil to dupe victims out of their cash.

Read More »


Mind the knowledge gap

Mind the knowledge gap

Tuesday, 01 September 2020 -

Some people still struggle to make informed retirement decisions

The decisions made at retirement are big ones and have long-term consequences. Many spend years accumulating a large amount of money in pensions and other savings, but really don’t know what that might mean, how much income they can reasonably expect to receive and how best to take that income.

Read More »


Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.