Four ways to identify a pension scam (and what to do about it)
11 million pensioners are targeted by pension-related fraudsters every year (Source: Parliament.uk) Since the beginning of 2018 alone, 14% of non-retired over 50s have received potential scam communication, according to Retirement Advantage. Despite the announcement…
Your pension: Three reasons to avoid unnecessary withdrawals
Where do you keep the money you plan to use in retirement? If your answer is anything other than “In my pension”, you could be chipping away at the value of your money. Since Pension…
The ABCs of Behavioural Biases (O–R)
So many financial behavioural biases, so little time! Today, let’s take a few minutes to cover our next batch of biases: overconfidence, pattern recognition and recency. Overconfidence What is it? No sooner do we recover…
How far would you go to own your first home?
What would you do to get onto the property ladder? Research from HSBC shows that 18-to-40-year-olds are willing to consider extreme measures to own their first home, including buying a house with: Someone who is…
Is it harder to buy your first home, or your second?
You’ve no doubt heard how hard it is for first-time buyers to get onto the property ladder. But, no-one really talks about what happens next. Does the struggle end once you own a property? Or…
What does the rise in Workplace Pension contributions mean for you?
If you have been automatically enrolled into a Workplace Pension, the minimum contributions made by you and your employer to your Workplace Pension have increased. Before April, the minimum stood at 1% of qualifying earnings…