Defined benefit (DB) pension schemes continue to be a hot topic in the business and financial worlds as an increasing number of people seek to transfer their pensions from a DB scheme. Recent figures suggest that more than four out of five (83%) of financial advisers in the UK have seen an increased demand for such transfers over the last twelve … [Read more...] about What’s happening with DB pension schemes?
Doubt is not a pleasant condition, but certainty is an absurd one. — Voltaire “The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable condition of existence. As … [Read more...] about The Uncertainty Paradox
A recent study by HSBC has revealed the main financial worries of the ‘millennial’ generation, recognised as those born between 1980 and 1997. As its title suggests, the ‘Future of Retirement’ survey focuses primarily on how millennials feel about how they are preparing for life after work, but also delves into the wider issues around money and … [Read more...] about Why retirement is worrying millennials and what steps they are taking
Just over seven weeks after Theresa May’s decision to surprise the nation and call a snap general election, the Prime Minister’s gamble to gain a stronger mandate in parliament before beginning the Brexit negotiations has backfired. The election has cost her the majority she inherited from David Cameron less than a year ago, and many are predicting … [Read more...] about Post Election update: and what it means for your finances
So, you’ve decided when you’re going to retire and you know what you’re going to do in the days leading up to your final day in work. You might even have some long term goals that you know you want to achieve during the years of retirement you have ahead of you. But what about those first few days and weeks? The transition from being employed to … [Read more...] about 4 top tips on what to do in the first 30 days of your retirement