Citizens advice stated it had 3,747 people enquired to the charity regarding dying without a will. This has increased from 1,522 such enquiries since 2011. A recent YouGov survey also found nearly two thirds of British adults didn’t have a will. Having a will will help ensure your assets are passed on to whom you […]
Retirement Options Guide Understanding all of the options available to you leading up to retirement can be confusing and time consuming. Future Asset Management have put together a free comprehensive retirement options guide which will help you understand all of these options. If you would like a free copy of the guide please click HERE […]
Whether or not you are saving enough for retirement comes down to what you would want in retirement. The most important part of saving for retirement is to ascertain what you would like in retirement and then calculate how much you should be saving. It is however something many people either put off or chose […]
With the pensions freedom rules since April 2015 there is huge demand for cost effective advice for those with modest pension pots. Official data has shown £1 billion has been taken from pension pots since April. George Osbourne commented on the data saying it showed pension freedoms had been “real success, but we have to […]
With many still coming to terms with the changes announced in the 2014 budget it is hard to believe it is time for another. Here are a selection of some of the announcements Pensions Legislation will be introduced in the new Parliament to reduce the pensions lifetime allowance to £1million from 6th April 2016. Legislation will […]
Most Universities are now charging £9,000 a year in tuition fees meaning a large level of debt for most graduates. For parents who want to help their children through university it really pays to start early. If you were to save for university fees in 18 years time, assuming university fees increase by 2.5% each […]
The Pensions Regulator’s latest Compliance and Enforcement Report shows a large increase in the number of fines for breach of Automatic Enrolment Legislation. The latest report which covers 1 October 2014 to 31 December 2014 shows 166 Fixed Penalty Notices in the quarter. This is a large increase compared to the previous quarter where only […]
Even though it may never materialise, this “idea” proposed by Steve Webb (Pensions Minister) has caused quite a stir. Lifetime annuities are designed to give the annuitant a guaranteed level of income for life in exchange for a cash sum. Although many believe the process of selling your annuity income for a lump sum would […]
New research by Partnership (taken by Opinionmatters) has revealed that the vast majority of people do not think they could survive of state pension alone. Just 13 per cent of 66-77 year-olds said they would be able to survive on state pension alone. The new flat-rate state pension equates to just under £8,000 per annum. […]
A new client came to us for investment advice recently. “How can I help you?” I asked. “It’s the return on our deposit ISAs, we want to explore alternative investments.” I discussed their options, assessed their attitude to risk and the client asked me, “Is what you are recommending safe?” I replied, “Safe from what?”. […]
