Explained: The 4 main asset classes that could form part of your portfolio
You may have come across the term “asset class” when reviewing your finances or investing, but what does it mean? And which asset class suits your goals? In finance, asset class is often used to…
5 inaccurate expert predictions that prove why you shouldn’t try to time the market
When you look at investment performance with the benefit of hindsight, you may think you could predict how markets will move. Yet, markets are unpredictable and expert forecasts prove how difficult timing the market is….
Explained: How pension tax relief works and boosts your retirement savings
Tax relief could boost your pension and mean you have more financial freedom in retirement. Yet it’s something that you may overlook when reviewing your pension, as analysis suggests that some workers aren’t claiming their…
Soaring inflation drives up retirement costs by almost 20% in just a year
High inflation means retirees could need to increase their budget by almost 20% to maintain the same lifestyle, research suggests. If you’re drawing an income from your pension, it’s vital you understand whether withdrawing more…
You need to know about this tax trap if you’re returning to work after retiring
The latest figures suggest that thousands of retired people are returning to work. If you’re thinking about doing the same, you need to be aware of the Money Purchase Annual Allowance (MPAA). Figures from Royal…
Estate planning: 3 different ways you can pass on wealth to your loved ones
A key part of your estate plan is setting out how you’d like to pass on assets to loved ones. There’s more than one option to consider, so read on to find out more. Your…