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…
Will you still be paying your mortgage at 70?
Research from Aegon has revealed that 14% of people believe that they will still be paying off their mortgage when they turn 70. The report suggests there are several reasons why people may be forced…
Avoiding pitfalls as pensioners pay more than £24 billion in tax
In 2015/16, 6.87 million pensioners paid an average of £3,522 each, in tax, according to Royal London. That’s a total of more than £24 billion. What affects the amount of tax you pay? According to…