Financial security could be the key to living ‘the good life’
For Tom and Barbara Good, ‘The Good Life’ meant ditching the corporate world and working towards a self-sufficient lifestyle. Over 40 years after the sitcom originally aired, people across the globe are still searching for…
The effects of inflation – and how to combat the latest rise
November 2017 saw inflation hit 3.1%; the highest it has been since 2012, as reported through the Consumer Price Index (CPI). As 2018 gets underway, thousands of households will be feeling the squeeze and looking…
Almost half of pensioners worry about running out of money
In the third quarter of 2017, 198,000 people made withdrawals from their pension funds under Pension Freedoms, 40,000 more than in the same period of 2016. Why is the demand for Pension Freedoms so high?…
Budget 2017: first rise in Pensions Lifetime Allowance for seven years
For many people, Philip Hammond’s announcement that the Lifetime Allowance will be rising is welcome news. As part of the Autumn 2017 Budget, the amount you can hold in a pension fund, without incurring taxes,…
Families to pay an extra £900m Inheritance Tax by 2022
The Office for Budget Responsibility (OBR) has revealed figures which show that the estimated Inheritance Tax (IHT) payable on estates over the next five years is due to rise by almost £1 billion; from £32.4…
50% of Baby Boomer generation could lose money by not updating their retirement age
A study by Dunstan Thomas shows that 51% of people aged 54-71 have not told their pension providers whether their retirement plans have changed since they first took out the policy. Why does that matter?…