Mind over matter
How behavioural investing can shape financial futures In the world of investing, where numbers and market analyses typically dominate, a crucial element often remains veiled in the backdrop – our behaviour. Behavioural investing emerges as a pivotal field, merging the realms of finance and psychology to scrutinise how our emotions, cognitive biases, backgrounds and worldviews […]
Strategic reinvestment of State Pension increases
When transferring into a personal pension may make sense Following the 8.5% rise in the annual State Pension from 6 April, the redirection of this enhanced income into private pension savings could make sense under certain conditions. The idea of investing one’s State Pension into a personal or Self-Invested Personal Pension (SIPP) might seem at […]
Unique insight into the current attitudes towards pension investment
Prevailing concern among savers regarding their capability to make informed investment decisions A comprehensive survey has unveiled a complex picture of how savers perceive their pension investments. Despite a high level of awareness, with 82% of pension savers acknowledging that their pensions are invested, a mere 26% possess knowledge about the specifics of these investments[1]. […]
Employee preferences in Workplace Pension selection
Complex landscape of employee preferences, confidence and skills Recent developments have seen the government introduce a Lifetime Provider model for workplace pensions, a move that has sparked considerable interest and debate. Findings from a recent survey reveal a striking preference among employees for their employers to take the lead in selecting their workplace pension provider.
UK retirees confronting pension shortfalls
Many regret not having commenced their savings journey earlier in their careers UK retirees are encountering significantly smaller pension pots than they had anticipated, with a considerable number expressing regret over not having commenced their savings journey earlier in their careers.
Reliance on Defined Benefit pensions among over 50s
Diverse avenues through which individuals plan to supplement their retirement income Recent research reveals that a significant proportion of individuals over 50 years old anticipate relying on secure income sources, such as Defined Benefit (DB) pensions, for their retirement funding[1].
Looming pension pitfall
£50 billion of hard-earned pension funds could be in jeopardy Recent investigations by the Centre for Economics and Business Research have illuminated a daunting predicament facing the United Kingdom’s pension sector[1]. An alarming £50 billion of hard-earned pension funds could be in jeopardy, lost within neglected accounts or dispersed amongst a myriad of forgotten pots.
Understanding estate planning
Managing your assets and final wishes Some people may believe estate planning is just for the wealthy. However, effective estate planning is essential to managing your assets and final wishes while trying to ensure your family’s financial stability once you have passed on.
Empowering you to retain control
First step towards safeguarding your legacy and providing for your loved ones Estate planning is crucial as it empowers you to retain control over your assets, express your desires clearly and alleviate the burden on your loved ones during challenging times. Understanding the importance and benefits of estate planning is the first step towards safeguarding […]
Set clear objectives for your estate plan
Carefully tailor your goals and personal circumstances Estate planning is far from straightforward. It encompasses myriad considerations, and adopting a one-size-fits-all mentality is not advisable. Each individual’s plan should be carefully tailored to their goals and personal circumstances.