Posted by siteadmin on Friday 12th of June 2015
It’s hard to argue about the importance of saving for old age. Those still of working age need to look at how they are going to finance their later years. Those already retired need to think about getting the most out of their available finances. The exact rules around pensions and savings can be changed in line with government policy at any given time. Indeed the pension system has just been through an overhaul and with an election looming, politicians of all colours are setting out their plans for the future of pensions and the pension...
Posted by siteadmin on Friday 29th of May 2015
Some things are so easily lost. Car keys, mobile phone, wallet, or you entire financial future.
At any given time a staggering five million people have lost track of their pension providers, like squirrels who bury acorns but forget where they put them.
The result of a lost pension may lead to a diminished income at retirement age and eventually the Treasury benefitting from the unclaimed wealth.
The government, keen for individuals to be as minimal burden on the state in their dotage as possible have launched the Pension Tracing Service ...
Posted by siteadmin on Friday 17th of April 2015
For some of us, a good proportion of our time is spent avoiding thinking about difficult or uncomfortable things.
Tax bills, medical checkups, dealing with difficult people at work are just a few, but one of the more overlooked areas in many of our lives is that of insurance cover.
We might have adequate cover for the house, the car or the cat but surprisingly few people stop to consider how they might provide for their families if they became ill or suffered an accident.
Each year this leaves many thousands of people in serious trouble w...
Posted by siteadmin on Friday 20th of March 2015
Human beings, in general, are notoriously bad at calculating risk and weighing up reward, it’s almost hard wired into us.
Our survival, millennia ago, was based around our inability to think too much about the future and focus on ‘eating today’.
This, while useful hunting wild animals, is less helpful when planning our financial futures and we may take key decisions in our lives without much thought to our finances.
This article will help explore some of the times when financial advice might make all the difference to our wealth and futur...
Posted by siteadmin on Wednesday 18th of February 2015
In the next few months with a general election on the horizon, millions of voters and savers will be eagerly waiting for news of what provision there will be for them in their retirement.
The state pension, which is currently capped at a maximum of £113.10 per week, has been amended, adapted, altered and changed by successive governments over the last half century or so. The result is that state pensions confusing, contradictory and often unfair.
New government rules that will eventually come into effect from 2016 onwards have been drawn u...
Posted by siteadmin on Friday 23rd of January 2015
If you are going through a divorce, money is probably the last thing you want to talk or think about. Experiencing something as difficult as the end of a marriage cannot be helped by asking questions about your financial future, can it?
Unfortunately, money cannot simply be an afterthought when you are ending a marriage, it has to be one of the central issues that need to be discussed. In any relationship, finances become intertwined over the years and untangling them is a difficult task.
Inevitably the question of what is ‘fair’ will emer...