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Why are Generation Xers chronically under-saving? #FridayReads

Why are Generation Xers chronically under-saving? #FridayReads

Friday, 23 July 2021 -

According to The International Longevity Centre UK (ILCUK) report, a substantial proportion of Generation Xers (those born between 1965 and 1980) in the UK face financial difficulty in retirement, with one in three expected to face significant disadvantages.[1].

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How to plan for a confident retirement to live the lifestyle you want #WednesdayWisdom

How to plan for a confident retirement to live the lifestyle you want #WednesdayWisdom

Wednesday, 21 July 2021 -

Retirement might seem a long way off but the later you leave planning for it, the less chance you have of achieving the retirement you want. We all dream of how we’ll spend our retirement but that dream looks different for everyone.

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How much annual income will you receive from your pension and savings? #RetirementReady

How much annual income will you receive from your pension and savings? #RetirementReady

Monday, 19 July 2021 -

Retirement will probably be one of the biggest events you ever go through in your life, so it’s not something you’ll leave to chance. But knowing how much you’ll need, and how to get there, isn’t always easy.

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Turning your retirement into the golden years #RetirementReady

Turning your retirement into the golden years #RetirementReady

Thursday, 15 July 2021 -

Imagine you’re retiring today. Have you thought about how you’re going to financially support yourself, and potentially your family too, with your current pension savings? The run-up to your retirement may feel overwhelming, but this is an important time for you and your savings.

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How can you invest today to help make a better tomorrow? #TipTuesday

How can you invest today to help make a better tomorrow? #TipTuesday

Tuesday, 13 July 2021 -

In a fast-changing world, sustainability is a growing concern for investors. Sustainable investing funds position investors to manage the risks associated with environmental, social and governance (ESG) factors, capture the opportunities and contribute to positive change.

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Funding child's future lifestyle during the COVID-19 pandemic #FridayReads

Funding child's future lifestyle during the COVID-19 pandemic #FridayReads

Friday, 09 July 2021 -

As the coronavirus (COVID-19) pandemic continues into a second year, we’re learning more and more about its financial impact. While many individuals and families are struggling up and down the country, there is a particular strain placed on the parents of adult children.

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Retirement Clinic: Answering your pension questions #RetirementReady

Retirement Clinic: Answering your pension questions #RetirementReady

Tuesday, 06 July 2021 -

If you are approaching retirement age, it’s important to know your pension is going to finance your plans.

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The minimum pension age is set to increase in 2028 #FridayReads

The minimum pension age is set to increase in 2028 #FridayReads

Friday, 02 July 2021 -

The government has confirmed that it plans to increase the minimum pension age at which benefits under registered pension schemes can generally be accessed, without a tax penalty, from age 55 to age 57 commencing 6 April 2028.

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Steps Towards A Better Financial Future: Growing, protecting and transferring your wealth #TipTuesday

Steps Towards A Better Financial Future: Growing, protecting and transferring your wealth #TipTuesday

Tuesday, 29 June 2021 -

Financial planning is a step-by-step approach to ensure you meet your life goals. Your financial plan should act as a guide as you move through life’s journey. Essentially, it should help you remain in control of your income, expenses and investments so you can manage your money and achieve your goals.

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Time To Look At The Big Picture? Discovering the emotional benefits of financial advice #FridayReads

Time To Look At The Big Picture? Discovering the emotional benefits of financial advice #FridayReads

Friday, 25 June 2021 -

No two individuals share the same goals or ambitions. Each person is unique, with their own needs, targets and budgets. So when it comes to managing your money, building wealth, securing your future and, above all else, drawing up an effective plan for fulfilling your investment objectives, professional financial advice should be tailored to your unique specific needs.

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What can you do with your pension pot? #RetirementReady

What can you do with your pension pot? #RetirementReady

Tuesday, 22 June 2021 -

When the time comes to access your pension, you’ll need to choose which method you use to do so, with options including: buying an annuity, taking income through (flexi-access) drawdown, withdrawing lump sums or a combination of all of them.

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How much pension income will you need for a comfortable retirement? #RetirementReady

How much pension income will you need for a comfortable retirement? #RetirementReady

Thursday, 17 June 2021 -

The purpose of a pension is to provide an income for you to live the life you want once you have retired. But, due to longer life expectancies, less generous schemes and lack of understanding around saving, a common problem is that some people don’t retire with enough to last them.

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Succession Planning: How to prepare yourself, your family and your business for the future #TipTuesday

Succession Planning: How to prepare yourself, your family and your business for the future #TipTuesday

Tuesday, 15 June 2021 -

The operational demands of running a family business or other closely held enterprise can be all-consuming, but it’s vital that business leaders take the time needed to assess their organisation’s business succession planning.

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Getting financial help during the coronavirus (COVID-19) pandemic #FridayReads

Getting financial help during the coronavirus (COVID-19) pandemic #FridayReads

Friday, 11 June 2021 -

The coronavirus (COVID-19) pandemic has not only dealt a blow to the UK economy, many people and families have unfortunately experienced financial hardship. According to a recent survey, 31% of the population say they are struggling with their finances due to the effects of the pandemic[1].

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Grandparents, Grandchildren And Money: Why sharing your wealth during your lifetime can make a big difference #WednesdayWisdom

Grandparents, Grandchildren And Money: Why sharing your wealth during your lifetime can make a big difference #WednesdayWisdom

Wednesday, 09 June 2021 -

With all of us leading longer lives, you might be considering how you can help your family when it matters most. Sharing your wealth during your lifetime can make a big difference and bring you a lot of joy, particularly when helping younger generations who are dealing with rising house prices and university fees.

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What are the advantages and disadvantages of retiring early? #RetirementReady

What are the advantages and disadvantages of retiring early? #RetirementReady

Monday, 07 June 2021 -

An increasing number of people have been forced into early retirement due to the economic impact of the coronavirus (COVID-19), with many worried about how they’ll make ends meet in the future. Because of the pandemic, we are currently in a challenging economic period. The global economy has taken over ten years to recover from the shock of the last financial crisis.

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Why sustainability matters and how you can plan for a better tomorrow, today #InvestmentInsight

Why sustainability matters and how you can plan for a better tomorrow, today #InvestmentInsight

Thursday, 03 June 2021 -

Responsible investment is a catch-all term to broadly describe funds that invest to make a positive change, either to the environment or for society. Within this umbrella term there are four broad investment approaches: ethical exclusion; responsible practice; sustainable solutions; and impact funds.

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How can you plan to achieve your retirement goals sooner? #RetirementReady

How can you plan to achieve your retirement goals sooner? #RetirementReady

Tuesday, 01 June 2021 -

Are you ‘mid or late career’ or planning to retire within ten years? If the answer’s ‘yes’, then you probably want to know the answers to these questions: Will I be able to retire when I want to? Will I run out of money? How can I guarantee the kind of retirement I want?

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COVID-19's impact on retirement finances #FridayReads

COVID-19's impact on retirement finances #FridayReads

Friday, 28 May 2021 -

Six years on from pension freedoms, non-advised savers aged over 50 are facing a ticking time bomb at retirement, according to a new survey[1]. 66% of those saving into a defined contribution pension and 58% of those who have already retired have either no firm plans or no plans at all for their retirement finances.

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Managing the financial impact of divorce during COVID-19 #WednesdayWisdom

Managing the financial impact of divorce during COVID-19 #WednesdayWisdom

Wednesday, 26 May 2021 -

When long-term relationships split up, there are a host of implications for mortgages, savings, tax and Wills requiring careful consideration to avoid hardship. If you are contemplating divorce, are in the middle of divorce proceedings or dissolving a civil registered partnership, it’s important to understand how the current economic and financial situation could affect you.

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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.