The Retirement Danger Zone and How it May Affect you
Are you in the Retirement Danger Zone? The retirement danger zone is defined as the point just before retirement when you are considering what funds to drawdown. Should share prices fall your income in retirement will be considerably reduced. Due to your closeness of your retirement you do not have the time to rebuild. This […]
Nearly One in Seven Retirees will rely on State Pension for Income in 2015
Use an Award Winning Financial Planner for a Better Retirement According to work from Prudential, almost one in seven retirees this year will rely on the state pension for income. The current state pension of £115.95 per week and only generates an annual income of £6,000. This is £3,500 short of the Joseph Rowntree Foundation’s […]
One in Three Londoners Cannot Afford a Decent Standard of Living According to Research
Transport, Housing, and Childcare Costs, Affecting Living Standards in London New research from Loughborough University found that one in three Londoners and 43% of couples living in London could not afford a decent standard of living. The research classified a decent standard of living as being able to provide clothing, food, shelter, and afford to […]
Are you throwing Away your Cash through Lack of Investment?
Poor Interest Yield could be Costing you Thousands According to new research by Henderson Global Investors, you could be ‘throwing away cash’ through investments that yield low returns. This could be a particular problem in Middle East regions such as Dubai where disposable incomes tend to be higher. Since the recession, many potential investors have […]
Can you put a Price on your Family’s Future?
Insurance Offers more than just Protection for your car Although insurances such as critical illness cover, income protection, life insurance, and health insurance is important, few of us actually have them in place. This is despite an overwhelming body of evidence showing us that we should. Our chances of contracting some form of cancer for […]
Financial Tips for Expats Moving to or Living in the USA
Understand the Financial Mechanisms and Take Action before you Pack Plan before you disembark Before becoming a US resident, it is a good idea to get your finances in good shape. This includes exercising options, selling or swapping stock, and even requesting an early bonus. This could save you paying considerable amounts in Federal taxes. […]
Expat Pensioner? You Might Want to Vote Green on the 7th May 2015
Green Party Vows to Restore Full State Pension to Expats In the Green Party’s manifesto it clearly states that they would restore the full state pension to pensioners living abroad. Ministers have come under pressure from various groups to restore full pension rights to expat pensioners for some time. They have always dismissed it however, […]
Will you be caught by the Pension Cap Tax -Trap?
If your Pension Pot hits a Million you could be Hit with 55% Tax Bills According to a growing number of accountants, pension savers whose pots are approaching the million pound mark are walking into a tax – trap. This would incur a 55% tax levy. Where this will bite hard, is should this happen […]
What do Consumer Price Index Levels mean for your Pension?
Consumer Price Index (CPI) May Impact your Pension Scheme The CPI has dropped back to zero again this month after rising slightly since February. To understand why this may affect your pension you have to understand that the CPI is used by economists to measure inflation, and to judge the impacts of government economic policy. […]
A Guide to April 6th 2015 Pension Changes
Utilise your Options for a Better Retirement From April 6th 2015, pensions become more flexible and arguably more useable. Crucially, the control of your pension will pass to you, putting it firmly in your hands. The purpose of this post is to outline your options in wake of Pension Freedom, which kicks in, on April […]