Would your retirement savings survive a 100-year life? Statistics show that almost one in five women aged 25 today will live until the age of 100. A 25-year-old man has a 14% chance of living to the same old age. And, the Office for National Statistics estimates that a woman already aged 65 has a […]
If you’re building up a savings pot for your retirement, then you’re in the ‘accumulation phase’. The aim of accumulation is to save and build wealth during your working years, so that there is sufficient for you to maintain your required lifestyle in retirement. During the years when many employees were paying into a Defined […]
As a young athlete, Andrew became aware very early of the discipline needed to be the best. Here, he shares with us his reflections on how hard work in the swimming pool has translated into hard work for clients three decades later… In my youth, I competed in 1,500-metre swimming events and once swam 80,000 […]
Last month, the US economy entered the tenth year of the current period of economic growth. It’s now the second-longest period of expansion in history and so the question is, of course, ‘how long can it last?’ The end of the current bull market doesn’t appear imminent and could continue for months or even years. […]
A recent study by Direct Line Life Insurance has revealed just how far Brits would go to challenge the will of a loved one. The research found that more than 24% of us would seek to dispute the wishes of a family member or friend if they disagreed with the division of their estate – […]
Statistics show that the number of older people working is on the rise. According to the Office for National Statistics, the proportion of 50 to 64-year-olds in work in the UK has climbed from 60% in 2000 to more than 70% now. And, the number of people working beyond 65 has doubled to about 10%. […]
Trade wars, the continued Brexit debate and strong share prices have been the headlines over the last few weeks. In your quarterly update, we look back at the major economic stories of the past three months and review the latest market data. UK Despite the continued uncertainty surrounding the UK’s exit from the European Union, […]
Are your children putting off buying a home or saving for the future because of the potential inheritance they will receive when you die? If so, they are not alone. Worrying new research has revealed that younger people are increasingly playing ‘inheritance roulette’, putting off major life decisions while banking on a windfall. We look […]
One of the main advantages of Pensions Freedoms is that drawdown allows you to take control of how much income you take, and when you take it. For example, you might decide that you don’t need to take an income immediately, preferring to leave your fund invested until you need to start making withdrawals. While […]
If you were a customer of Metro Bank, and you read the recent rumours surrounding the financial health of the company, you wouldn’t be blamed for wanting to withdraw your cash. While the rumours were quickly quashed by the bank, the incident once again reminded savers of the safety net offered by the Financial Services […]