Educating the next generation of investors

Talking about money with your children can be a difficult task for many parents. However, while such discussions may be uncomfortable, this taboo mentality can cause problems when it comes to transferring wealth from one generation to the next. Indeed, the only real...

Equity Release Explained

Introduction to Equity Release: Equity release has become increasingly popular in recent years. Since 2016, the amount of equity release taken out has been growing at an average rate of over 7% each year, reaching almost £4 billion by the end of 2018. And with...

The cost of a comfortable retirement

According to recent research 2 , people who wish to retire at the age of 65 with pension income (including a full State Pension) equivalent to the average UK annual salary of about £28,000, now need to accumulate a pension pot of nearly £450,000 in order to fund their...

State Pension Age, when’s your SPA?

SPA – get your date straight A recent study 1 has found that a significant proportion of over-55s struggle to understand a range of key terms and rules relating to pensions. One essential piece of information to know is your State Pension Age (SPA), which is...

Why it can pay to seek financial advice

Whether you’re looking for fund growth, tax savings, help with family finances or a career switch, there can be clear benefits in turning to experts, Rosemary Bigmore writes Paying someone to help with your money can feel counter-intuitive but expert advice can add...