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,…
The tax man received over £5 billion last year, don’t leave him an inheritance
Would you prefer the money you leave behind to go to your loved ones, or the tax man? Last year, over £5 billion was taken from people’s estates in Inheritance Tax (IHT) and this year,…
Speaking of money: How to hold productive discussions about household finances
How often does the topic of money come up around your dinner table? Less than half (49%) of European couples find household finance meetings exciting, according to ING. That’s okay, not everyone is interested in…
Hope for savers as Cash ISA interest rates begin to rise
The past decade has been miserable for savers. Low interest rates, coupled with prolonged periods of relatively high inflation has meant that capital held in savings accounts is guaranteed to lose value. However, research now…