Saturday 18th August 2018
The Bank of England (BoE) has increased interest rates above 0.5% for the first time since 2009.
Today, the Monetary Policy Committee (MPC) voted unanimously to push up the base rate by 0.25% to 0.75%. (more…)
Since the introduction of Pension Freedoms, the amount of people accessing their retirement income via a drawdown arrangement has increased dramatically. More than £17.45 billion in flexible payments has been accessed by those in and approaching retirement (Source: HM Revenue & Customs (HMRC)). (more…)
‘Pretirement’ might sound like an early retirement, but it’s anything but.
In fact, ‘pretirement’ is a term coined to describe the act of easing into retirement; or working beyond State Retirement Age. This could be full-time, part-time, or on a consultancy basis. (more…)
How often do you wake up with the intention of getting financial advice as your number one priority?
For almost everyone, the answer is never. Rather, the urge to seek financial advice is usually triggered by an event, or idea. (more…)
Microsoft founder, Bill Gates, once said; “The internet is becoming the town square for the global village of tomorrow.” (more…)
The number of under-30s saving enough for retirement has increased from 30% to 39% in the past year, likely due to automatic enrolment in Workplace Pensions, according to Scottish Widows. (more…)
The name ‘last-time buyers’ probably gives a lot away about who fits into the category. They are people who are planning to buy a home to live comfortably in during retirement, and potentially for the rest of their lives. (more…)