What lies ahead for investors?

Just over ten years since the start of the global financial crisis, and the global economy is now in recovery mode. Investors were hit hard, with UK and global equities falling by 46% and 38% respectively in the aftermath. Aggressive policy stimulus implemented by central banks and governments was instrumental in reducing the depth and … Continue reading “What lies ahead for investors?”

Are you a mortgage prisoner?

The government pledged to tackle the issue of ‘mortgage prisoners’ – people who are trapped in an expensive mortgage because of regulations that stop them getting a cheaper one. Imagine asking to buy a meal costing £6, and being told you couldn’t afford it – then being forced to buy a meal you don’t like, … Continue reading “Are you a mortgage prisoner?”

‘EU pension’ promises saving on the move

Europeans have a pension problem – just 27 per cent of those under 59 have any pension savings at all. But plans are afoot for a pan-European personal pension (PEPP) – designed for those whose work takes them through multiple EU countries. If you’re employed and living in the UK, you probably have personal or … Continue reading “‘EU pension’ promises saving on the move”

Reap the reward of financial advice

Those people who took financial advice between 2001 and 2007 had accumulated significantly more in liquid financial assets and pension wealth by 2012–14 than their peers who chose not to take professional advice, according to a report by the UK think-tank, the International Longevity Centre, produced in conjunction with insurers Royal London. The report demonstrated … Continue reading “Reap the reward of financial advice”

Defined benefit pension transfers

More than £50bn has been taken out of ‘gold plated’ final salary schemes over the past two years. A study commissioned by the Financial Times over the summer found that 210,000 members have opted to transfer out of their defined benefit (DB) pensions in favour of taking a lump sum. It may be tempting to … Continue reading “Defined benefit pension transfers”

Can you downsize to fund your retirement?

For most people lucky enough to own one, their biggest financial asset is their house.  And it may have been your long-term plan to sell up in retirement and live off the proceeds.  But when it comes to the crunch, could you do it?  Our ‘Look before you leap’ checklist below will help you get … Continue reading “Can you downsize to fund your retirement?”

Buying a house? Don’t forget these costs

If you’re house hunting the main numbers you probably think about are the house price and monthly mortgage payments. If they seem affordable then the property might be the one for you. But there’s more you need to consider which could considerably increase the cost of buying a home. Here are the eight main costs … Continue reading “Buying a house? Don’t forget these costs”

Is Ryanair’s cheap model doomed?

The valuation of Ryanair has fallen by about €1.9bn since the low-cost airline revealed it was cancelling thousands of flights. Are the wheels coming off its business model? The phrase “stack them high, sell them cheap” has been attributed to Tesco founder Jack Cohen – but Ryanair chief executive Michael O’Leary has taken this phrase … Continue reading “Is Ryanair’s cheap model doomed?”

Raise your pension awareness today!

In a year which has gripped the nation with political uncertainty surrounding Brexit, the dominating headlines around defined benefit pension schemes and a General Election, this year’s Pension Awareness Day hopes to bring some clarity for those in the midst of saving for their future financial security. Most of us are aware that our future … Continue reading “Raise your pension awareness today!”