Six things the bank of mum and dad need to know
Despite more millennials relying on the Bank of Mum and Dad, a quarter are worried about not having the right financial knowledge to make the right decisions for them and their children. As younger generations…
Interest rates rise above 0.5% for the first time in a decade
The Bank of England (BoE) has increased interest rates above 0.5% for the first time since 2009. Today, the Monetary Policy Committee (MPC) voted unanimously to push up the base rate by 0.25% to 0.75%….
The death trap: How refusing to discuss the inevitable can affect your finances
We know that it’s not a nice topic to talk about, but, unfortunately, refusing to talk about death could be standing in the way of thorough financial planning. Research has shown that 94% of over-50s…
The unexpected costs of parenthood
Children are not cheap. Whether your family is already growing, or if you are thinking of starting one soon, you have probably considered some of the obvious costs, such as private school and eventually, university….
All or nothing? Three reasons to keep (some of) your pension invested
One in ten people who plan to retire this year expect to withdraw their entire pension savings as one lump sum, according to research by Prudential. Is that a bad thing? It could be. While…
How long will your pension last? Five tips to maintaining your retirement income
28% of retirees could see their pension fund run out long before they die, according to the Pensions Policy Institute and Legal & General. Why? There are several major factors which affect how long your…