Category: Financial planning

New research from MGM Advantage, the retirement income specialist, suggests that UK adults are planning to use equity investments to help them outstrip inflation and manage the rising cost of living. Over half (53%) of UK adults rate the rising cost of living as their number one fear for retirement, and almost a third (32%)

Those owning properties worth more than £3million will be hit with tax bills starting from £10,000 under a Labour government, according to research by the Institute for Fiscal Studies (IFS). Under the party’s mansion tax plans, homes worth between £2m and £3m would attract around £3,000 in liabilities, but properties worth above £3m will take

Almost a third (30%) of students currently attending university will move back in with their parents after they have completed their studies, HSBC research shows. For those starting university this year, almost half (49%) expect to live with their parents. Of those who intend to live at home, 78% said it was in order to

Only a quarter (24%) of adults in the UK with children under 16 have any form of financial protection, a significant drop from 31% in 2013, according to the latest research from the Scottish Widows Protection Report. With over half (54%) of this group admitting that their savings would last just a couple of months if they were

Half of UK employees on lower incomes and half of those aged 30-49 are now saving adequately for retirement, according to the latest Scottish Widows Workplace Pensions Report, showing the impact of automatic enrolment on the groups that need it most. As the legislation approaches its second anniversary, the annual report from Scottish Widows finds

Throughout the summer this bulletin has been focused on events in the Ukraine, now we have an admittedly uneasy truce in the region and the focus of the world’s discontent has moved elsewhere. At time of writing, pro-democracy protesters are occupying the streets of Hong Kong and a coalition of 40 countries is in the

Not since I started in finance 15 years ago has there been so much good news for pensions and what it means to you!  It has only been just over six months since the announcement that the need to buy an annuity was being removed and that you would be able to take as much

Sometimes we focus so hard on something we think is important, we become oblivious to significant events right under our noses. This is the idea behind The Invisible Gorilla, a book based on a series of experiments by Christopher Chabris and Daniel Simons. The centrepiece of their work is a short film in which two teams

Britons are turning their backs on the big white wedding in favour of getting onto the property ladder, according to research by HSBC. Over a quarter (28%) of those aged between 18 and 34 would spend a £20,000 gift from their parents on a deposit for a house. Three out of five young Brits (60%)

More than one million pensioner households in the UK now have total wealth of more than £1m according to analysis by Prudential of the latest ONS data for 2010-2012. The analysis shows that the number of millionaire pensioner households has soared by 69% compared with 2006-2008 when the number stood at just over 636,000. This