Financial Planning

Employers that push staff into making unsuitable defined benefit transfers should beware the “Financial Conduct Authority’s (FCA’s) gaze”, a director at the regulator warns.

As we enter a new tax year, many people will be wondering how they can make their savings work harder for them, with interest rates at historically low levels.

Covid savers should be making the most of their pensions allowances, says Sharon Mattheus of Lovewell Blake Financial Planning.

For some, retirement might feel miles off, but the sooner you can start saving for it, the better.

What do I need to do?

Following the Government’s consultation into public sector pension scheme reforms, they have now published their response, here, outlining their proposals for changes to schemes over the coming years.

We have seen some turbulent markets in the last 12 months, with the repercussions of COVID having a significant impact. Generally speaking, markets have partially recovered but remain extremely volatile.

Following our article in October, where we advised that the State Pension had officially increased to age 66, we wanted to take this opportunity to position further changes announced around private pension access – that were shared in September.

A Bury St Edmunds based financial adviser has been named as one of the UK’s most influential businesswomen by a leading business publication, carrying off the title of UK Financial Adviser of the Year.

Financial planners and advisers Lovewell Blake Financial Planning, which for the past three years has been listed as one of the Top 100 Financial Planners in the UK by the Financial Times, has appointed Sharon Mattheus as a Financial Adviser.

The difference between a perceived attitude to risk and actual capacity for loss can often be confused.

The extraordinary fundraising achievements by the 100-year-old Captain Tom Moore have shown just how long some of us will lead active lives, and also how much the quality of such a long and active life will depend on how well we have planned for it.

The age you can start drawing your state pension has now officially increased to 66, for most people.

Financial planners and advisers Lovewell Blake Financial Planning, which for the past two years has been listed as one of the Top 100 Financial Planners in the UK by the Financial Times, has appointed Richard Ince as a financial adviser.

Long-term care in a care home is very expensive, and can quickly erode your savings (including the equity in your property).

In short, it depends where and how you are invested. Since the markets saw a dramatic fall in March, it has been a bit of a choppy ride in general.

A tracker fund is a simple way of investing your money in company shares, bonds, and other assets.

Stock markets have been volatile to say the least over the last few months, and in our opinion, will remain so until the Coronavirus pandemic is brought under control and the economic fallout assessed.

It is fair to say that 2020 has been quite an extraordinary year in many ways, presenting new challenges for people from all walks of life.

You may have already seen in the financial press, news of the recent rise of ESG (Environmental, Social and Governance) and Ethical Investing.

Yesterday, you were busy working and today you are retired, what’s next?

Retirement has a habit of creeping up on you whilst you are busy getting on with your life, to the extent that we barely give it consideration until it is almost upon us.