Take Control of your Pension and avoid being a Pension Deficit Victim
The collapse of BHS and the recriminations it has faced over its pension deficit has highlighted just how serious the issue of pension deficits are. If your pension is tied to a company who operates a considerable pension deficit, you could easily see a considerable loss in pension fund. New figures produced by Mercer, show […]
Economist Andy Haldane of the Bank of England ‘Even I don’t understand pensions’
Cometh the Hour Cometh the Financial Adviser Pensions like most financial products tend to be fairly complex. There is a lot to understand and even the top financial minds in the country struggle to make sense of them. In a speech to peers, Andy Haldane of the Bank of England said: ‘To give a personal […]
UK Pension? Get Financial Planning Advice Now! Before it is too late!
The fact is if you have a UK Pension holder you are at considerable risk of losing a significant chunk of it. A number of factors have come into play that has made UK pension funds vulnerable. From market forces, historic pension schemes, and poor executive management, could see you lose a significant chunk of […]
To Top-up your National Insurance Contributions or not to Top-up National Insurance Contributions that is the Question
With the new state pension dependent on the amount of years you have paid National Insurance (NI) contributions, the question that is increasingly asked is “should I top my NI contributions to increase my state pensions?” With this in mind the aim of this post is to help you answer that question. Before we do […]
Investments and the Post Brexit Bank of England Stimulus Package
Earlier this month, the Bank of England (BoE) announced a new stimulus package designed to address the deteriorating UK economy. With this in mind, I have written this blog to try and explain the situation so you can make a more informed choice in regards to your investment portfolio. Bank of England Actions in Light […]
Use Financial Advice to Save for Your First Time Buyer Deposit
With the costs of home ownership in the UK rising, saving for that elusive deposit becomes that little bit harder. That said, with the right savings products in place that takes advantage of tax efficiency, you could be on the property ladder sooner than you think. According to a new figures released by Shelter, the […]
Pension Tips for Women
A lot has happened over the last few years to UK Pensions, and some of the changes have been specifically targeted at women. They have been met with scepticism and hostility on the whole. On average most women require £709 per month just to survive in retirement which means that the state pension alone is […]
UAE Residents ‘Not Saving Enough’ Claim Experts
According to a new National Bonds’ survey which took into account the views of 2000 respondents living in the GCC region, over 80% of people are not saving enough for their future financial goals. The new research is an increase from last year’s results where 77% of respondents believed they did not save enough to […]
Canada Life Forecasts Demand in Offshore Bonds
Changes to Pension Rules are increasing the Demand for Offshore Bonds According to Canada Life over a third of financial planners are expected to recommend offshore bonds. This is mostly driven to changes in pensions which have impacted significantly on financial portfolios and pension funds. The reduction in lifetime allowances is one of the main […]
WASPI Take Objection to Planned State Pension Change for Women
Women Against State Pension Inequality (WASPI) has taken objection to proposed state pension changes for women. The thrust of their argument is that the changes are happening too fast, and which is unfair on women born after 1951. A WASPI spokesperson said that government “must make fair transitional arrangements for all women born on or […]