Setting investment goals and timescales
How to clarify your path to financial success Establishing clear investment goals is essential for achieving long-term success, as they serve as a roadmap outlining the purpose and desired outcomes of your investments. By defining your priorities, you can make informed decisions, avoid distractions, and effectively track your progress. Whether you are saving for retirement, […]
Planning a wealthy retirement
Secure your future with smart financial choices Whether you’re employed, a partner, or self-employed, you can contribute to a pension. Employers are legally required to provide workers with access to a pension scheme, while anyone self-employed or unemployed, who cannot invest in an occupational plan, can pay into a personal pension, such as a SIPP […]
Saving vs investing
Understanding your financial options for now and the future Managing your finances can often feel overwhelming, particularly when deciding between saving and investing. Savings are aimed at short-term needs or emergencies, offering a sense of security and quick access to funds through low-risk options such as savings accounts. This approach ensures that you are financially […]
Principles of successful investing
Building wealth in an uncertain world It’s not surprising that the world of investing can seem complex. Investors today are confronted with ever-changing market conditions, a constant stream of news, and an overwhelming number of investment options. Navigating this landscape can feel daunting, even for seasoned investors.
What is the right mix of investments for you?
Finding the right balance for your financial goals is key Your investment mix is essential for your long-term investment success and shapes your suitable strategy. One of the core principles of investing is to diversify your savings across different types of investments (known as asset classes).
How much do you need to retire comfortably in 2025?
Start planning now to secure your financial future If you hope to enjoy a comfortable retirement when you cease working, review your pension savings now, as the amount of money you may require could come as a shock. According to the latest data, a single person now needs a staggering £43,900 annually to sustain a […]
Why six in ten millennials are struggling to save for retirement
The financial balancing act millennials face Research indicates that the current life stage of millennials (those in their late 20s to early 40s) is significantly impacting their future retirement plans, as short-term financial priorities take precedence[1]. The study, which surveyed 4,000 UK adults, reveals that six in ten (59%) millennials are struggling to save for […]
Reassessing strategies to minimise Inheritance Tax liabilities
What crucial transformation is poised to reshape estate planning? Estate planning has always been pivotal in managing how wealth is passed on, but changes to pension rules from 6 April 2027 will reshape the landscape. Historically, pensions have served as both a source of retirement income and a tax-efficient tool for intergenerational wealth transfer.
Financial security remains a concern for retirees in the UK
Only 48% of mid-retirees are confident their private pension will last a lifetime A new report has revealed troubling insights into the financial confidence of retirees in the UK. Alarmingly, just under half (48%) of mid-retirees feel assured that their private pensions will sustain them throughout their lives. This leaves the remaining half grappling with […]
Growing trend among silver splitters
How property wealth enables a clean break for the over-50s Divorce among those over 50, often referred to as “silver splitters,” is on the rise. This trend introduces financial complexities that younger couples may not face, particularly regarding property wealth. Research indicates that one in 10 (11%) couples over the age of 50 rely on […]