How long would your savings last?

A recent survey has found that the typical working person in the UK has around a month’s worth of savings to be able to maintain their current lifestyle should their income stop without warning. The data collected from 2,000 people found that the average person’s savings would support them for 32 days. More worryingly, 26%…

How much should you really be saving for retirement?

Retirement should be the time in your life where you’re able to relax and enjoy the fruits of your labour throughout your working life. However, simply paying into your savings or a pension for when you retire might not allow you to do this if you’re not putting enough away. But what does “enough” look…

August Market Commentary

Introduction July got off to the best possible start when Janet Yellen, Chair of the US Federal Reserve, announced that there would be no more financial crises “in our lifetime.” Speaking on a trip to London, she said that the reforms of the banking system since the 2007 to 2009 crash had “minimised the risk…

Can you do anything to protect your estate from the potential costs of care?

Yes, make a Will! Lynette Viney-Passig, Solicitor and Head of Private Client at Swayne Johnson Solicitors explains why there’s yet another reason to make a Will. Clients often ask me if they should give away their home (usually to children) during their lifetime. A good solicitor should always advise against this. There are serious risks…

What’s happening with DB Pension schemes?

Defined benefit (DB) pension schemes continue to be a hot topic in the business and financial worlds as an increasing number of people seek to transfer their pensions from a DB scheme. Recent figures suggest that more than four out of five (83%) of financial advisers in the UK have seen an increased demand for…

8 Financial Planning Steps

8 Financial planning steps you should take in the 5 years before you retire For many of us, realising there are only 5 years to go before the longest holiday of our lifetime will prompt us into sorting out our financial affairs. Here are 8 tips to help you make sure that your retirement is…

Cohabiting couples! You need to make a will!

If a man and a woman in a relationship don’t want to marry and many of us don’t these days then the only other option currently available to them is cohabitation. There are some key financial implications if you are cohabiting, non-more than your wishes on death. Whilst such couples might describe themselves or be…

July Market Commentary

Introduction June was a fairly quiet month. Well, apart from the chaotic General Election in the UK. Oh – and the decisive win for Emmanuel Macron in the French parliamentary elections. And the start of the Brexit negotiations. And Italy was forced to bail out two more banks. President Trump pulled out of the Paris…

Keeping track of your pension…

3 steps to keeping track of your pension A recent study has revealed the worrying statistic that over a fifth of all people with multiple pensions have lost track of at least one pension, with some admitting to have forgotten the details of all of them. With around two thirds of UK residents having more…

Election Summary 2017

Voting has now closed and the results are in! We have waited for the election dust to settle before sharing our thoughts on this General Election. To help explain the impact of this Election results, we have prepared an Election Summary, breaking down the details and reflecting on how this could impact Brexit and, importantly,…