Junior ISA’s 10-year anniversary: Parents may wish they had invested, not saved cash.

Junior ISA’s 10-year anniversary: Parents may wish they had invested, not saved cash. November 2021 marks the 10th anniversary of the Junior ISA, the tax efficient savings and investment account available to children. Three fifths of Junior ISAs are held in cash, according to research by F&C Investment Trust. However, it appears returns regret has bitten some parents – upon realising the financial returns missed by saving, a third of those parents say they wished they had invested the money… Read more »

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How much income do I need to be able retire? Well, how much do you spend?

How much income do I need to be able retire? Well, how much do you spend? When approaching retirement age, we often see a shift in how people approach money. There is a period of time when retirement is on the horizon, but there can be uncertainty about how much income pension savings will provide and a lack of clarity on how that money will be taken. It is often a big mental step to move away from the reliability… Read more »

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How to improve your pension income as you approach retirement

How to improve your pension income as you approach retirement If you are approaching retirement and you are disappointed with the amount of pension income you’re forecast to receive, there are steps you can take now to boost your retirement income. This applies both to your State Pension entitlement as well as to any personal or workplace pension savings you have. There are two main actions you can make to reset your retirement income at this point: either save more… Read more »

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Your retirement savings may not be enough: here are 5 reasons why.

Your retirement savings may not be enough: here are 5 reasons why. Many people come to us with a clear idea of how they plan to spend their retirement. Having the financial security to be able to finish work and enjoy a comfortable lifestyle is often the ultimate goal. How we save and plan for the future financially can be based on the experiences we have learnt from our parents. But whilst we can pick up good money management lessons,… Read more »

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