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?”

Innovative Finance – a more interesting way to save?

Innovative Finance ISAs are now available – and they’ve got savers excited. Promising around double the interest of the best cash ISAs, they allow tax-free investment in peer-to-peer lending. Are they what we’ve all been waiting for? Lately we have seen a flurry of developments on the ISA front.  In April of this year we … Continue reading “Innovative Finance – a more interesting way to save?”

10 tips for building your investment portfolio

Warren Buffett once said, ‘Investing is simple – but not easy.’  Here are ten simple tips to make investing that little bit easier – whoever you are. In investing there are no absolute right or wrong answers, only better or worse solutions.  Better solutions are founded in a process that encompasses insight into the problem … Continue reading “10 tips for building your investment portfolio”

Climbing the inheritance tax ladder

It’s not just house prices that are rising every year. Also increasing is the number of people whose families will have to pay inheritance tax. Are you being drawn into the net without knowing it – and if you are, what can you do to protect your family from a hefty bill? Most people never … Continue reading “Climbing the inheritance tax ladder”

The power of a savings MOT (‘Moment of Truth’)

A report by Royal London has revealed the battle faced by over a third of UK consumers. Day-to-day spending needs mean that many are finding it impossible to save for retirement. But there may be a solution in the form of one-off opportunities, if these can be identified in time: the savings ‘Moments of Truth’. … Continue reading “The power of a savings MOT (‘Moment of Truth’)”

One step closer to the pension advice allowance

Plans are taking shape for the pension advice allowance, to encourage more people to seek independent advice on their retirement choices. It is expected to allow the tax-free withdrawal of £500 from your pension pot before you reach 55. Here’s how it could work in practice. On the day you turn 55 years old, you … Continue reading “One step closer to the pension advice allowance”

‘It’s complicated!’ – Buying a home together

Few can climb the property ladder alone, and it’s not only couples who are making the ascent. But whether you’re buying as lovebirds or just housemates, it’s vital to understand how joint ownership works – or you could find that your dream home isn’t really yours after all. Most people who buy a home will … Continue reading “‘It’s complicated!’ – Buying a home together”

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”

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”