Do you know if you could benefit from remortgaging? If not, the first step is to compare your current interest rate to those currently available on the market. Several surveys over recent years have shown that a substantial minority of people have no idea what their mortgage interest rate actually is. Interest rates on the […]
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Pensioners sitting on cash ISAs
An alarming set of data has come to light. Over three million pensioners are holding all of their ISA savings in cash!1 The analysis highlighted that during the most recent year for which figures were available (2018/19), there were 5.8 million over-65s holding ISAs, valued at just over £305bn in total, the average amount held […]
In your 40s? Is your pension age changing?
More than four in five people in their 40s are unaware that the age at which they can access their pension might be about to change, according to research from the Pensions Management Institute (PMI)1. The normal minimum pension age (NMPA) is set to move from 55 to 57 in 2028, which will mean millions […]
News in Review
“There is no measure any government could take… that can make these global forces disappear overnight” Inflation continues its ascent, with the Consumer Price Index (CPI) rising to 9.0% in the 12 months to April 2022, up from 7.0% in March, according to the latest data from the Office for National Statistics (ONS). Rishi Sunak […]
News in Review
“Electric car sales are energising the market” With challenging financial and economic news in abundance, there are some good signs at least for the UK car industry. Recent analysis from the Society of Motor Manufacturers and Traders (SMMT) has shown that sales of used cars in the UK increased by 5.1% in Q1, with 1,774,351 […]
Are your home contents worth more than you think?
In January this year, a team clearing out the home of a retired antiques dealer and lifelong hoarder found a treasure trove of valuables worth £50,000. Among the piles of bags and boxes stuffed haphazardly into the Victorian townhouse were eight grandfather clocks worth £1,000, an antique chair worth between £600 and £800, and a […]
Life admin personality types – are you a forward thinker?
When it comes to mundane but crucial organisation tasks – what life admin personality type are you? Do you tend to have an ‘I’ll do it later’ approach to tasks? If you live in the moment and avoid life admin completely, tend to run late, lack motivation or structure, resulting in poor organisation – you […]
Financial freedom in retirement
When are you thinking of retiring? With many pre-retirees reassessing their lives and priorities in the wake of the pandemic, there really is a seismic shift for many people towards achieving life balance. People need a plan to flex with their changing aspirations – it’s become more about living life rather than going through the […]
This is your life – look after it
Only a quarter of Brits have life insurance or critical illness cover policies in place, despite two in five knowing someone who has had a serious accident or been too ill to work, a study1 has found. Compared to protection for our homes (55%), cars (53%) and travel plans (20%), the take-up of insurance policies […]
News in Review
“Monetary policy must… navigate a narrow path” Interest rate rises were big news last week on home shores, across the pond and in Australia, as central banks acted in an effort to curb inflation. The Monetary Policy Committee voted by a 6-3 majority to increase Bank Rate by 0.25 percentage points to 1%, with further […]