For many, menopause is a time of life when career, life and financial demands are at their peak, yet suddenly, physical and mental performance levels drop. The pressure to carry on with the usual load can become overwhelming, and yet, taking a step back might seem an impossible luxury. This is a key time when being in good financial shape can make all the difference for you, your business, and those who count on you.
What if you could have the retirement, that you’ve always dreamed about? Would you spend more time with your family, buy a rural retreat, pursue a business idea, or enjoy a good life in the sun?
We look at 5 ways to help your retirement dreams become a reality.
A personal financial plan can help make your financial dreams a reality. By defining goals and setting clear objectives on how to meet these, your financial plan will give you confidence that you are on track and, if the unexpected were to happen, you are prepared.
Separation and divorce can be a difficult time, when numerous legal and financial practicalities demand attention while also navigating the emotional journey.
We take a look at the top 10 most frequently asked questions we hear about finances during divorce time, to help with any thoughts you may be experiencing if you are going through this stage of life.
Challenging market environments can create situations which can lead to some biased decision making. Recognising this will prevent investors from making decisions that could negatively impact their long-term investment performance.
The reason long-term investors like Warren Buffett can consistently earn profits and outperform is because of market inefficiencies. These inefficiencies are inevitable because markets are composed of human beings, who no matter how disciplined, will often make financial decisions that consist of behavioural biases causing them to act on emotion.
Simply put, it is the effect that the freeze on income tax rates and bands has on real earnings. When tax bands or tax allowances do not rise along with inflation or the cost of living, you may find that you inadvertently pay more income tax.
Saving towards a pension can be one of the best financial moves you can make. But when is the right time to start, and is it ever too late? We look at why any time is a good time to save towards a pension.
I wonder if, like us, you were caught up in women’s world cup football fever on the weekend. Regardless of nationality or credo, it’s impossible not to acknowledge that women’s sport had a major moment. Perhaps it was because early knock outs of key teams made things unpredictable and thrilling; or the wave of support for home team the Matildas; or, of course, the rising excitement at home of a potential England win. Most likely, it was a confluence of circumstances which made this women’s world cup final an extraordinary event.
It’s official: if you’re a woman in the UK, chances are that you’ll retire on a significantly lower pension pot*. Here’s how we change that.
New data from the DWP shows that the gender pensions gap in the UK currently stands at 35%. If you’re a woman in your forties, the gap is even greater, with women in this category statistically heading for retirement with almost half the pension pot of the average man.