Monthly Archives: October 2015

Auto enrolment

Reaping the benefits of workplace pension savings

Three years have passed since the introduction of auto enrolment, and employees are really starting to reap the benefits of workplace pension savings. New research has revealed that employer contributions are crucial to boosting pension savings for over half (54%) of those enrolled in a defined contribution pension scheme in the UK.

Evaluating your future finances

New possibilities in retirement, and the options available to you

The recent pension freedoms have opened up new possibilities in retirement, allowing more of today’s recent retirees to enjoy the sixty-something socialite lifestyle. Retirement can be one of the most liberating and exciting life stages, but to get the most freedom and enjoyment out of retirement, it is crucial for people to consider their finances and plan ahead.

Wrap up with an ISA

A tax-efficient integral part of your investment strategy

It’s not going to be long before we see the arrival of the New Year, and with it the start of the ISA (Individual Savings Account) season. The 2015/16 deadline on 5 April 2016 is when you need to have taken full advantage of this year’s ISA allowance.

Saving for retirement

Older workers delaying retirement to release cash from their savings

One in four older workers could delay retirement after dipping into their pension pot, new research from Zurich shows.

It won’t happen to me

If you couldn’t work due to a serious illness, how would you manage?

No one likes to think that something bad will happen to them. If you couldn’t work due to a serious illness, how would you manage? Could you survive on savings or sick pay from work? If not, you may need some other way to keep paying the bills – and you might want to consider income protection insurance. Currently, 10.8 million UK households are at risk of their income falling by at least a third if the main earner stopped working due to ill health[1].

The value of education

UK parents believe university is now unaffordable for most

Many UK parents will now be reviewing how they will help their children pay for a university degree. With tuition fees alone costing an average £9,000 a year, university is a significant investment for both parents and students.


Control over your assets for the benefit of one or more people

Putting your savings, investments, life policies or assets into a trust can play an important part in estate planning. A trust is a legal entity that has control over assets for the benefit of one or more people, and there are different types of trust which can be set up according to what you intend to achieve.

Inheritance Tax

Passing your estate to the people that matter to you in the most effective way

The term ‘estate planning’ can be defined as passing your estate to the people that matter to you in the most effective way. In order to protect the future wealth of your family and loved ones, it is essential to have provisions in place after you’re gone, and one of the simplest ways to prevent unnecessary tax payments such as Inheritance Tax is to organise your tax affairs by obtaining professional advice and having a valid Will in place to ensure that your legacy does not involve just leaving a large Inheritance Tax bill for your loved ones.

Power of Attorney

Permitting someone to act on your behalf

A Power of Attorney is a legal document that allows you to give someone else the legal authority to act on your behalf. There are several different types of Power of Attorney. A Lasting Power of Attorney (LPA), previously called an ‘Enduring Power of Attorney’, allows your attorneys to make decisions for you when you no longer wish to, or when you lack the mental capacity to do so.