Old and young both missing out on advice opportunities

More than half of Brits over 65 are yet to take advice on their finances, despite evidence that advice doubles financial confidence. At the same time, younger generations are failing to exploit advice opportunities. The UK’s baby boomers have largely missed out on the benefits of financial advice, and younger generations are at risk of … Continue reading “Old and young both missing out on advice opportunities”

Six bad habits to avoid during retirement

Planning for retirement can be complicated, as anyone approaching the end of their working life will tell you. However, navigating the myriad of choices, both financially and socially, doesn’t have to be such an enigma. Here are a few tips to help you avoid common bad habits that retirees often fall into: 1. Spending your … Continue reading “Six bad habits to avoid during retirement”

Retirement: 68% may be making the wrong choices by going it alone

Since the introduction of the pension reforms, retirees have much greater flexibility to spend and invest their pension pots as they wish. However, this means that people are faced with important decisions, both in the run-up to retirement and afterwards, that will affect their standard of living and financial outlook for years to come. A … Continue reading “Retirement: 68% may be making the wrong choices by going it alone”

Raise state pension age to 75, says think-tank

State pension ages are rising across the world, and the UK is no exception. By October 2020 Brits will have to wait until their 66th birthday to start drawing their state pension, and many born in the 60s and 70s will be 67 before they can draw theirs. The final scheduled increase is for 2028, … Continue reading “Raise state pension age to 75, says think-tank”