News & Insights - Page 14 of 20

Economic Review – April 2021

May 7, 2021

Stronger recovery predicted The UK economy returned to growth in February and survey evidence suggests a strong recovery is imminent, as lockdown restrictions ease and the vaccine rollout continues at pace. Data published by the Office for National Statistics (ONS) showed the economy grew by [...]

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Outlook for 2021

February 15, 2021

After perhaps the most extraordinary year that any of us has experienced, the outlook for the coming year is more than usually opaque. We are usually able to draw on established valuation metrics and historic parallels to provide a basis on which to form opinions [...]

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Looking forward to a new year

January 14, 2021

As a new decade dawned, we could not have foreseen what the year would hold in store for us. A year on, there is growing positivity for 2021, but we mustn’t forget what our experiences of the last 12 months have taught us.

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Your resolution for 2021 – become acquainted with your pension age(s)

January 8, 2021

Last October, phased increases to the State Pension age (SPA) reached 66 for both men and women, with further rises in the pipeline. And did you know that the minimum age for taking funds from a personal pension is also scheduled to rise in 2028?

Economic Review

Economic Review – August 2020

September 10, 2020

As recent economic statistics confirm the UK officially entered recession, Bank of England (BoE) forecasts suggest the slump will be less severe than previously thought, but the ensuing recovery is likely to take longer.

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Don’t let the pandemic derail your retirement plans

August 7, 2020

The pandemic is having a far-reaching impact on all aspects of our lives, not least our finances. Although stock market volatility has posed challenges, you must not allow the outbreak to send your retirement plans off track.

Pensions

The pensions challenges of Gen X

August 7, 2020

We are used to hearing about the bleak financial prospects of Millennials and Generation Z, compared with their older Baby Boomer counterparts. But we hear comparatively little about the long-term savings position and financial health of people born between 1966 and 1980. A new report¹ from the Pensions Policy Institute (PPI) focuses on the potential pension woes of those known as Generation X.

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Be scam aware

August 7, 2020

Several UK bodies, including the Bank of England, National Crime Agency and the Financial Conduct Authority (FCA), have warned people to be particularly vigilant about scams, many of which are targeting vulnerable people, such as those who have lost their jobs or are under greater financial pressure in the current climate.

Protection

Less than a third of first-time parents have life insurance

May 11, 2020

The amount expectant parents are spending on preparing for their new arrival is up 18% since 2012, a study¹ has found. According to the research, the average spend is now £1,645. But there appears to be one thing that the majority of parents-to-be are forgetting – life insurance. In fact, just 27% of new parents are financially protected if one of them were to die.

Pensions

Balancing pension pots

April 9, 2020

While the gender pay gap is now widely discussed and publicised, the gender pension gap is less prominent, but by the age of 50 women have saved an average of just £56,000 into their pension pots vs £112,000 for men¹.