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Auto-enrolment: How It Works and Affects You
In 2012, the government introduced a new regime for workplace pensions. Prior to this, there was no requirement for an employer to contribute to their staff’s pension scheme, although they were required to provide access to a pension. Since 2018, all businesses in the UK are subject to the rules, as all eligible employees must […]
Posted in Pensions
Understanding the State Pension: 4 Crucial Tips
In 2019-20, the maximum new state pension amounts to about £8,767.20 per year (£168.60 a week) – quite a significant sum towards helping fund your retirement lifestyle. Of course, it’s easy to assume that you will get the same amount from the government as everyone else when you retire. Yet this is not necessarily the […]
Posted in Pensions
A Short Guide to Personal “Cashflow” Planning
When you hear the phrase “cashflow planning”, a common image which springs to mind is that of an accountant bent over spreadsheets in a large corporation. It is perhaps less common to think of ordinary people and couples in their 30s, 40s or 50s trying to figure out how much money they will need to […]
Posted in Financial Planning
Improving vs. Moving: Which Earns You More?
Moving home is never a decision based purely on financial interests. Naturally, emotions play a big part as well. Perhaps this is your first home together as a married couple, or maybe it just pains you to think about leaving a neighbourhood where you have made so many friends. Yet finances inevitably play a big […]
Posted in Financial Planning
A Short Financial Planning Guide for Women
It might sound strange to modern ears to talk about “financial planning for women”. Yet with earning inequalities still making the headlines and even talk of a “pension gender pay gap” it is important for women that women feel confident in planning their wealth and financial affairs. You might be tempted to think that inequality […]
Posted in Financial Planning
4 Reasons You Still Need A Financial Planner In Retirement
If you’re about to enter retirement or have been retired for a few years, it might be tempting to think that financial advice is something you will no longer need. Indeed, many people intuitively feel that the true value of a financial adviser appears earlier in your life, as you are accumulating wealth via investments […]
Posted in Financial Planning
A Short Guide To Shareholder Protection
The loss of a shareholder can present a serious problem to a UK limited company. Not only do you potentially lose the advice and direction of one of your owners, but also their equity. Without a solid financial plan in place, a shareholder’s equity typically passes into their estate when they die. This estate, in […]
Posted in Financial Planning
Can and should you retire early?
In 2018 The Independent reported that nearly 30% of British workers anticipate continuing employment beyond their 70th birthday (double those who thought so 7 years ago). With reports like this often circulating the news, it is little wonder many people are now almost resigned to the thought that they will have little choice but to […]
Posted in Pensions
5 Crucial Tips When Thinking About Downsizing
People think about downsizing for many different reasons. For lots of people approaching 65 and who own their own home, it can be tempting to want to move somewhere smaller and easier for you to manage. Some people think about downsizing due to financial pressures, such as in the event of a reduced household income […]
Posted in Financial Planning
How to choose the right financial adviser?
You could do things yourself when it comes to managing your wealth and finances. You could also try fixing your car on your own, or fixing an electric problem in your house. Some people will be brilliant at doing these sorts of things on their own. For others, it’s a really bad idea which, in […]
Posted in Financial Planning