Defined Contribution Pension Schemes

Defined Contribution Pension Schemes

With a defined contribution pension scheme, you build up a pot of money that you can then use to provide an income in retirement. Unlike defined benefit schemes, which promise a specific income, the income you might get from a defined contribution scheme depends on factors including the amount you pay in, the fund’s investment…

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Reviewing Your Needs and Goals

Reviewing Your Needs and Goals

Anything is possible when you manage your money the right way. It’s well worth taking the time to think about what you really want from your investments. Knowing yourself, your needs and goals, and your appetite for risk is a good start. Your focus should be on ensuring that the inevitable bumps along your investment…

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diversified portfolio

Diversified Portfolio

A diversified portfolio is an effective tool for reducing risk and volatility without necessarily giving up returns. When you start investing, or even if you are a sophisticated investor, one of the most important tools available is diversification. Whether the market is bullish or bearish, maintaining a diversified portfolio is essential to any long-term investment…

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sipp

Guide to Self-Invested Personal Pensions

We’ve created a guide to self-invested personal pensions (SIPP) to help you take greater control of your retirement plans for the future. It is essential that you start to plan for your retirement as early as possible so that you are able to live comfortably in the knowledge that your lifestyle needs are covered. This…

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How to Become A Millionaire on £200 a month

How to Become A Millionaire on £200 a month

In this article I look at how you can become a millionaire on just £200 a month: If at the age of 21, you invested £200 (out of pocket) into a UK pension, which would be grossed up to £250 after the tax credit is added, and linked your pension to a stock-market based investment…

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Taking the Best Steps at Retirement

If you are approaching age 55, you will soon be eligible to take pension income benefits from your personal pensions. You will be entitled to 25% of your personal pension savings as a tax-free lump sum. But what should you do with the rest? If your pension funds are valued at £30K or greater, you…

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Setting Investment Goals

Setting Investment Goals

Setting investment goals can be key to securing your financial future and its vital to create and maintain the right investment strategy to meet them. How much control do you want over your investments? Do you prefer to be in charge, or do you want someone to invest for you? Volatile markets can test your…

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Lasting Powers of Attorney

Lasting Powers of Attorney

It is difficult to comprehend that you would ever lose the ability to manage your own affairs, but mental and physical incapacity can happen to anyone at any time. In England and Wales, a Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions…

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Tax Relief and Pensions

Tax Relief and Pensions

When it comes to managing money, one of the things some people find most difficult to understand is the tax relief they receive on the payments into their pension. Tax relief means some of your money that would have gone to the Government as tax goes into your pension instead. You can put as much…

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different life events

Different Life Events

The future may seem far away, but you need to start planning early. Regardless of your goals, there are things you can do to increase your chances of success! We look objectively at your plans to provide solutions that work as your priorities change over the years and you go through different life events. Many…

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managing risk

Managing Risk

When it comes to managing risk pensioners are ‘in the dark’ over how to protect their pots if markets tumble. Many retirees are at risk of overlooking their pension finances by falling into an avoidable trap, according to new research. A third (36%) of people keeping their pension invested through retirement could be hit harder…

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