What savers need to know about UK pensions to make informed choices
When saving for retirement, understanding where your pension is invested is crucial for securing your financial future. For many savers, the appeal of UK investments is significant. A recent study revealed that 37% of savers would prefer UK investments if they offer returns comparable to global options[1]. Interestingly, an additional 16% are willing to prioritise domestic investments, even if it means accepting lower returns.
Looking for a steady approach to building your portfolio?
Bonds can provide stability and income for your investment strategy. They are often viewed as a ‘safer’ and more stable option, particularly in today’s unpredictable economic environment. Fixed interest investing, also referred to as fixed income or bond investing, can deliver a reliable and steady income stream.
The best way to foresee your future is to prepare for it now
Planning for retirement is one of the most important financial decisions you’ll face in your lifetime. With many factors to consider, including income needs, inflation, investment strategies and unexpected life events, it’s easy to feel overwhelmed. Remember, the best way to foresee your future is to prepare for it now.
Planning for stability by diversifying your investment portfolio
Diversifying your investment portfolio can feel like navigating a maze, especially when unexpected events disrupt financial markets. However, diversification offers a solution to tariff uncertainty. The recent tariffs announced by President Trump, coupled with the resulting market volatility, serve as stark reminders of the importance of diversifying your investments to weather economic storms.
Transferring wealth to the next generation is one of the most important financial decisions you will make in your lifetime. The assets you have carefully built over the years – whether they are property, investments, savings or sentimental items – are a testament to your hard work and dedication. Naturally, you will want to ensure that these assets are preserved, safeguarded and transferred in a manner that benefits your loved ones or chosen beneficiaries.
Retirement marks one of life’s most significant milestones, offering the chance to enjoy the rewards of years of hard work. However, ensuring these years are comfortable and secure depends on having a well-organised financial plan. Understanding how to manage your finances during this phase is crucial for maintaining your lifestyle and peace of mind.
Investing can feel overwhelming, especially if you are just starting to explore your options. The world of stocks, funds and investment portfolios may seem like a maze of jargon and complexity, but don’t worry. With our professional guidance and a solid grasp of the basics, you can take control of your financial future and confidently make decisions.
Make a more informed decision about how best to utilise your pension savings
Making the most of your pension savings requires understanding your options and planning carefully for the future. If you have a defined contribution pension, a key feature to consider is the ability to withdraw tax-free money. This can provide a valuable financial boost, whether you plan to use it for immediate expenses, long-term investments or as a safety net in retirement.
Unlocking the secrets of tax-efficient saving with ISAs
Many people in the UK remain unaware of the tax advantages offered by Individual Savings Accounts (ISAs). Recent research reveals that nearly a quarter (24%) of UK adults mistakenly believe all their savings are tax-free, regardless of the account type or balance[1]. Unfortunately, this misconception could be costing them valuable tax-efficient growth on their money.
Planning for a comfortable, flexible and secure future
Retirement often signifies the start of a new chapter. An opportunity to pursue your passions, enjoy quality time with loved ones and take a well-deserved break after years of hard work. Building a comfortable nest egg for retirement is an accomplishment, but the real challenge begins when it’s time to convert those savings into a steady income.