Failing to plan is planning to fail

I thought long and hard about the title for this blog but kept coming back to the same title…mainly because its true. When we talk about planning, a plan does not have to necessarily be cast in stone or put down in writing, the plan may be quite a transient one that allows for things […]

Salary exchange: too good to be true?

Salary Exchange (also known as Salary Sacrifice) has been around for many years and is the term used to describe an agreement where an employee give up some of their salary in return for a non-cash benefit. Generally, Salary Exchange has always been a great win for an employee as it has allowed them to […]

Is it good advice to seek guidance?

The government are currently making a massive push to ensure that individuals age 50 or over understand the options available to them with Defined Contribution (DC) pensions which may either be a personal one, workplace one or both. To do this the government are promoting the services of Pension Wise which is a free and […]

Increasing transparency in pensions’ information

You know you have a problem when the Minister for Pensions and Financial Inclusion, Guy Opperman says: ‘For too long pensions have been shrouded in complexity and technical jargon, limiting people’s understanding of their savings and hampering their retirement planning.’ To be fair, I completely agree with him and make him absolutely correct! Historically pension […]

The age at which you can access a private pension may increase from 55 to 57

What seems like a lifetime ago, in 2014 the government announced that it was planning to increase the age at which someone can access their private pension (including their workplace pension) to age 57 from age 55. This is due to be implemented in 2028. Although things have been quiet on this topic since 2014, […]

Protecting your Coronavirus Interruption Loan

The CBILS has been designed by the government to support the continued provision of finance to smaller businesses (SME’s) who have and are experiencing lost or deferred revenues, leading to disruptions to their cashflow as a result of the Covid-19 outbreak. The scheme supports a wide range of business finance products, including terms loans, overdrafts, […]

Should I transfer my pension?

One of the most common questions that we get asked as advisers is, Can I transfer my old Pension into my current Workplace one? We find the initial motivation behind wanting to transfer pensions into one arrangement is usually to keep their affairs in good order with everything under ‘one roof’. However, for some people, […]

How do I view my pension information online?

Most people in the UK these days tend to have online access for their bank accounts which we can see via a desktop PC, tablet or mobile phone. This is access is really useful as it allows us to track our own money and understand in an instant, what funds we have. Although slow to […]

How Long is a Piece of String?

Richard Grover discusses how current experience could be a good way to consider what you need for a comfortable retirement.

Business Owners – How secure is the future of your business?

The outbreak of Coronavirus has left many people asking about life assurance and whether their existing cover is sufficient in the event of the unthinkable happening. More often than not there are no issues with cover being satisfactory, but we would always recommend that if you have concerns, you should ask your adviser or insurer […]