The ABCs of Behavioural Biases (H–O)
There are so many investment-impacting behavioural biases, we could probably identify at least one for nearly every letter in the alphabet. Today, we’ll continue with the most significant ones by looking at: hindsight, loss aversion,…
No emergency savings? How much should you have and why?
Research from ING shows that 27% of people are at risk of falling into financial difficulties, as they have no savings to fall back on if something goes wrong. It’s easy to think that it…
Retirement planning: Will you have enough to live comfortably when you give up work?
If you have recently been automatically enrolled into a workplace pension, you should be feeling happy with yourself, staying opted in, making contributions and building your pension fund feels great. But it might not be…
The death of Annuities has been exaggerated; Three tips for making the right choice
Annuities have undoubtedly fallen out of favour among new retirees. Since the Pension Freedom reforms in 2015 broadened the options available when accessing pension funds, the popularity of Annuities has fallen by 75% (Source: Association…
Divorce: Why you might be paying the price for decades to come
Getting divorced is an expensive process. It can also take years, or even decades to fully be free of the effects. During the process, you are likely to be affected emotionally, physically and financially, but…
Giving money to charity? Six mistakes to avoid
As a nation, we gave over £9 billion to charity last year. (Source: Charity Aid Foundation) In addition, 53,000 legacies were left, totalling £1.4 billion (Source: Legacy forecasting) That’s something to be proud of. However,…