Read the latest news and articles from the Gem & Co team
‘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. Of those reaching the age of 65 in 2018, 50% will enter ‘pretirement’,
Read more61% of UK adults do not have a will in place, according to Which?. A fifth of those say they have not written a will as they have nothing worth passing on. However, a will does so much more than just pass on material and financial assets. It is also used to help let those
Read moreHow 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. According to research from the Financial Conduct Authority (FCA), less than one in 10 UK
Read moreAccording to research from retirement accommodation specialists Anchor, the way living in old age is perceived by society could be completely out of line with what retirees actually want. For older people, being able to make their own decisions regarding care is one of the most important aspects of independence. The research shows that 94%
Read more11 million pensioners are targeted by pension-related fraudsters every year (Source: Parliament.uk) Since the beginning of 2018 alone, 14% of non-retired over 50s have received potential scam communication, according to Retirement Advantage. Despite the announcement that the Government is working toward a complete ban on pension cold calling, there is little relief for those who
Read moreDo you think the way that you give to charity has changed throughout your life? Do you see it changing as you get older? Research from Barclays has shown that those under the age of 35 gave an average of £246 to charity last year, with 35-54-year-olds donating a similar amount (£265). Interestingly, over-55s give
Read moreDo you have a dream retirement age in mind? Most people do. Unfortunately, many people believe that, no matter how hard they wish to retire on time, they will be beholden to their employer long past the age they’d like to be putting their feet up. The situation According to research from Scottish Widows, more
Read moreCould you let your child struggle financially and fend for themselves, or is it your responsibility to make sure they are totally comfortable when they eventually enter the adult world? Potentially, you might think that neither of these is the right choice for you, and that a fairer, middle ground exists. But, whatever your attitude
Read moreAfter working hard for many years and diligently saving, it is not surprising that many people begin to reign in the control they have over their capital as retirement age approaches. For instance, research from Retirement Advantage shows that, among those due to retire within 10-15 years: Around two fifths (39%) do not want their
Read moreIntroduction It looked for a long time that the main headline for this commentary would be the opening salvos in a trade war between China and the USA. The International Monetary Fund published a bullish report on world trade, saying that global growth will hit a 7 year high of 3.9% this year – giving
Read more