Monthly Archives: January 2015

Financial fibbing

Posted on January 9, 2015 by - Uncategorized

Telling ‘white lies’ about money and salary

Almost half of British adults (48%) have ‘fibbed’ when it comes to their finances. The research shows that from a given list, Britons would be most likely to tell financial ‘white lies’ to their partner than anyone else (15%), according to a survey from Standard Life. (more…)

Dawn of a New Year

Posted on January 9, 2015 by - Uncategorized

What will feature in your top New Year’s resolutions?

As we enter a New Year, setting clear goals is critical for the success of any financial resolutions. Year after year, achieving financial health and wealth is likely to feature in your Top 10 New Year’s resolutions. So what should you consider? (more…)

Rise of the part-time landlord

Posted on January 9, 2015 by - Uncategorized

Letting properties on the side boosts income

Britain is seeing a boom in ‘part-time’ landlords where people are letting properties on the side to boost their main income, according to new research from LV= landlord insurance. (more…)

Class of 2014 expectations

Posted on January 9, 2015 by - Uncategorized

What are the hopes of last year’s university leavers?

2014’s university leavers expect to have bought their first home by the age of 30, according to research published by Endsleigh. The research also reveals that, by the age of 30, the university leavers also expect to be married (average age 29), established in their career (average age 27) and to have a child (average age 30). (more…)

What’s your magic number?

Posted on January 9, 2015 by - Uncategorized

The first concise picture of current and changing sources of retirement income

Current retirees are satisfied with 47% of pre-retirement income according to a recent report that reveals those approaching retirement are expecting to receive £23,700 per year when they retire. The Retirement Income Uncovered report by Old Mutual Wealth also shows that the average income in retirement today is currently just £19,000 – a shortfall of £4,700 per year, or 25%. (more…)

New pension freedoms

Posted on January 9, 2015 by - Uncategorized

How future retirees may take advantage of their pension lump sums

Research showing how retirees use their pension lump sums to pay off debt provides an insight into to how pension cash unlocked following the new freedoms available from 6 April 2015 could be used. (more…)

Gender gap closing

Posted on January 9, 2015 by - Uncategorized

Report shows the proportion of people preparing adequately for retirement is on the up

The number of women saving adequately for retirement has shifted from a record low to a four-year high in the last 12 months, according to Scottish Widows’ annual Women and Retirement Report. (more…)

Meet the Full Nesters

Posted on January 9, 2015 by - Uncategorized

Providing financial support for adult offspring – what are the implications?

Parents with adult children living under their roof are spending £1,200[1] more than their Empty Nester counterparts each year on everyday household expenditure, bringing the total annual cost of ‘Full Nest Syndrome’ in the UK to £3.2 billion[2]. (more…)

Investing for income

Posted on January 9, 2015 by - Investment, News, Wealth Creation

During difficult economic times, one of the tools available to the Bank of England to stimulate the economy is interest rates. Lower interest rates mean that it is cheaper to borrow money and people have more to spend, hopefully stimulating the economy and reducing the risk of deflation. (more…)

Investment bonds

Posted on January 9, 2015 by - Investment, News, Wealth Creation

An investment bond is a single premium life insurance policy and is a potentially tax-efficient way of holding a range of investment funds in one place. They can be a good way of allowing you to invest in a mixture of investment funds that are managed by professional investment managers. (more…)