Month: July 2016

Retirement freedoms

retirementfreedoms
What are the income options for your pension?

Deciding what to do with your pension savings is an important step we will all have to take. Following changes introduced in April 2015, you now have more choice and flexibility than ever before over how and when you can take money from your pension pot. These changes give you freedom over how you can use your pension pot(s) if you’re 55 or over and have a pension based on how much has been paid into your pot (a defined contribution scheme).

Managing your retirement savings

managingyourretir

Consolidating your separate pensions into one single pension wrapper

If you’ve accumulated numerous workplace pensions over the years from different employers, it can be difficult to keep track of how they are performing. The process of bringing all your pensions together is called ‘consolidation’. It is often referred to as a transfer. If you have more than one pension pot, you might want to consider consolidating all of your pots into one for simplicity. You may also benefit from lower charges by doing this.

Alternative assets

alternativeassets

Investment company growth story of the decade

Over a third of the investment company sector is invested in alternative assets as research suggests from the Association of Investment Companies (AIC). The term ‘alternative’ is used to cover many other types of investments that are not traded on stock markets. These might include the shares in private companies, physical property or infrastructure projects.

Advent of crowdfunding

advent of crowd

Innovation in both finance and technology

One of the main innovations in both finance and technology over the past few years has been the advent of crowdfunding. Crowdfunding is a way of raising finance by asking a large number of investors each for a small amount of money. In the past, financing a business, project or venture typically involved asking a few investors for large sums of money. Crowdfunding switches this idea around.

Advice with you in mind

advice

One of the most important relationships you may ever have

Few people really have the time to understand the significant number of financial products on the market at any time. If you’re looking to invest, buy a protection product or plan for the longer term, expert professional financial advice is essential to help enable you to create a financial plan that is realistic.