Planning for a better financial future
Have you made sure your plans are still on track?
It’s been nearly two years since the first novel coronavirus (COVID-19) case was detected. The economic impact of the pandemic has not been equally distributed amongst all adults and, where inequalities existed before the pandemic, these may have been widened or closed.
Coronavirus alters retirement plans
One in eight older workers extend their planned retirement age
The coronavirus (COVID-19) crisis has disrupted many people’s working lives in ways we couldn’t have imagined. It’s been deeply worrying to see some people now planning to retire earlier than they intended – including many who have been on furlough.
Keeping it in the family
Two in three people accessing advice share same financial adviser as their parents
Never before has there been such a big difference between the wealth of the UK’s older and younger generations. The coming years will see trillions’ worth of investable assets and housing wealth move primarily from the Baby Boomer generation to their children, the Millennial generation.
What will happen to your pension when you die?
Providing an income or nest egg for your loved ones to enjoy, long after you are gone
The way that you decide to take your pension will affect what you can do with it when you pass away. While it’s not always easy to talk about, the way you eventually pass on your pension has the biggest impact on other people, so it will help talking to your spouse, children or other people close to you when you’re deciding how you take your pension savings.