Cost of living crisis drives early inheritance giftingThe rising cost of living is cutting into even the most resilient saving pots and salaries, forcing many to re-consider their financial priorities, whatever their generation or income. Those millennials now turning...

More people set to dip into emergency fundsHaving money set aside can help to provide protection against any abrupt financial changes. A new report has identified one in four working households with savings (28%) have started dipping into them to meet rising living...

Considering the rule of seven when making financial giftsYou’ve worked to build up your wealth. But now it’s time to make plans so your loved ones can get the most from the estate you intend to leave behind. If you think you might be affected by Inheritance Tax, it...

Four in five looking to change jobs demand green pensionsWhen you first start paying into your employer’s pension, your contributions, along with employer contributions and tax relief, will be invested through a default fund. You will usually have several fund options...

What is the average UK retirement income?Thinking about the amount of money you need to retire can be daunting, but it’s important to have a savings target in mind to fit your desired lifestyle in retirement, that you can work towards. New analysis of government...

Savers could miss out on thousands of pounds in retirementAs the cost of living continues to soar, with inflation reaching a 40-year high, the impact on household finances is taking its toll. But it is essential to try to maintain a savings habit even in the current...

How scammers are getting more convincingAround half of UK adults (51%) have or know someone who has received a suspicious communication in the last 12 months, according to new research[1]. This equates to 27 million people across the UK. Most of these cases can be...

Auto-enrolment: celebrating a decade that has encouraged a culture of savingSince it was introduced ten years ago, auto-enrolment has revolutionised pension saving for millions of people in the UK, encouraging a culture of saving for the long term. It’s been a...

Millions of retirees help out in cost of living crisisThe rise in the cost of living is affecting millions of people. A third of young adults (18-34) and families with young children are struggling financially. Many are turning to family and friends for help with...

Mistakes to avoid when you’re aiming to build your pension potMany people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost of living soaring. In these circumstances, it can be difficult to think about your...

More over-65s are still working than six years agoMore people in the UK aged between 65 and 74 are still working compared to six years ago, new research shows[1]. The findings show there’s a marked increase in the number of people over 65 who remain in the workforce...

Bonds can play a key part in building an investment portfolioUK government bonds, also known as gilts, are debt securities issued by the UK government. They are used to finance the government’s borrowing requirements and are often seen as a safe haven asset by...

Minimising the impact on your personal financesIf you’re a higher rate taxpayer, the freeze on the Income Tax threshold will have meant an increase in your tax bill. The reason for the increase stems from the Chancellor’s decision in April 2021 to freeze the higher...

Mistakes to avoid when you’re aiming to build your potMany people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost-of-living soaring. In these circumstances, it can be difficult to think about your long-term...

More than one-million over-60’s are rethinking later life plansWith people living longer lives and retirement now lasting up to several decades, the reality is that the majority of us will have to pay for later life care at some stage – whether that be for ourselves...

Four out of five workers not saving at levels which are likely to deliver an acceptable standard of living in old ageFour in five workers (16 million people) are not saving at levels which are likely to deliver an acceptable standard of living in retirement, according...

Older generation using the wealth held in their property to help younger generationsIt’s no secret that many younger people tend to encounter difficulties when seeking to enter the housing market for the first time. The degree to which existing homeowners are now...

How to tell whether you’re ready to retireDo you have enough income to retire? Are you prepared for the life changes retirement will bring? Is this the right time to sell your business? Is your timing right or will your savings and investments be at risk from volatile...

Ready to get started on your investment journey?Investing can help you grow your money faster than simply saving, but it can also be a little daunting knowing where to begin. You may think the volatile global stock markets may not be the ideal starting point for new...

Pension schemes have a critical role to play in the transition to a net zero economyPension schemes have a critical role to play in the transition to a net zero economy, with many schemes already assessing the impact of their investments in the context of the goals of...

More young adults are more engaged about money with their parents than past generationsWhen it comes to conversations about money, more and more families in Britain are opening up, new research reveals[1]. This is a significant increase from previous years, when such...