Monthly Archives: May 2024
Are The Auto-enrolment Minimum Contributions Too Low?
The introduction of statutory workplace pensions has had a significant impact on pension savings across the UK. In 2022, it was reported that 88% of employees were eligible for membership of their employer’s workplace pension scheme, equating to 20.4 million people. While this figure is complemented somewhat by the high take-up in the public sector, […]
Posted in Corporate Services
Trend Towards Long-term Mortgages Could Hit Retirement Income
A recent freedom of information request to the Bank of England has revealed a worrying increase in the number of homeowners who will still be repaying their mortgages in retirement. Even though homeowners will have a significant asset on their hands once their mortgage has been repaid, very few today would have been planning to […]
Posted in Mortgage, Pensions, Retirement Planning
Tips To Save For Retirement
When looking at retirement, our attention is naturally drawn towards pensions, which, for many people, will be their largest source of income in later years. However, there are other ways to save for retirement in a cost-effective and tax-efficient manner. As with any savings/investment plan, the sooner you start, the greater the potential returns. […]
Posted in Retirement Planning
Time: Is This Your Most Valuable Investment Commodity
While we live in a world of cutting-edge technology, new investment classes, and volatile markets, it may seem strange to suggest that time could be your most valuable investment commodity. Only when we investigate further does the actual value of time become apparent. The value of time We will now examine different scenarios that […]
Posted in Investments