Pack your retirement parachute

What is it about pensioners and parachutes? We turn 55 and feel suddenly compelled to fling ourselves from high places strapped to an outsized duvet cover. But by a neat coincidence, skydiving can teach us a crucial lesson about retirement. Picture the scene. You’re hurtling down at 120mph towards terra firma (and it does look … Continue reading “Pack your retirement parachute”

Let-to-buy: the back-to-front way to your new home

Sometimes you can solve a tricky problem by turning it the other way round. If you have your eye on a new home but are struggling to sell your old one, let-to-buy can offer a potential lifeline. Find out how it works and whether it might suit you – and make yourself aware of the … Continue reading “Let-to-buy: the back-to-front way to your new home”

Why advice isn’t just a side-order

Many pension providers are now insisting that scheme members take advice before accessing their benefits. More red tape? Far from it. Here’s why advice at retirement is not so much ‘optional extra’ as ‘must have’. Some phrases to make your blood boil. Ready? Booking fee. Processing charge. Would you like to reserve seats? Ticket postage. … Continue reading “Why advice isn’t just a side-order”

Four solutions to the annuity problem

Pension annuity rates have been falling for some time – and the Brexit vote sent them tumbling still further. Can an annuity still provide could value for you in retirement, or should you explore other options? We take you through some ‘what if?’ scenarios to help you weigh up the alternatives to the traditional annuity. … Continue reading “Four solutions to the annuity problem”

Why you need a mortgage buffer zone

Mortgage rates are hitting historic lows, and for homebuyers it looks like the perfect opportunity. But in your eagerness to secure your dream home, you should be wary of ‘mortgage shock’ – the danger of over-stretching yourself in the longer term. The solution? A borrowing buffer zone. The question everyone’s asking is: how low can … Continue reading “Why you need a mortgage buffer zone”

Take care where you invest your pension pot

Since pension freedom arrived in 2015, there has been a trend of pension savers being invited to invest their pots in unregulated products. Savers may be promised attractive returns, without being made fully away of the associated risks. Have you been contacted? An open jam jar at a picnic brings creepy-crawlies. We know this, so … Continue reading “Take care where you invest your pension pot”

Had a bad day on the stock market?

So you had a bad day, as the song goes. The Brexit vote has reminded investors that the stock market is not for the faint of heart – but nor is it for the impulsive or impatient. It’s time to take a step back and examine the EU Referendum’s lessons for investors. ‘Rollercoaster ride’ is a … Continue reading “Had a bad day on the stock market?”

After Brexit vote: six fundamental impacts on your finances

The historic EU referendum decision caused turmoil on financial markets in the days that followed. One week on, stockmarkets may have recovered but a number of factors have changed that will affect UK investors’ wealth. The recovery in stockmarkets is due in part to the prospect of central banks pumping more money into the economy. … Continue reading “After Brexit vote: six fundamental impacts on your finances”