A million-pound pension can provide you with financial freedom in retirement, but it may not deliver the millionaire lifestyle you think. Having access to a £1 million can conjure images of an extravagant lifestyle, from chartering yachts to hitting designer shops. While having a £1 million pension can mean you can indulge in things you […]
Flexi-access drawdown can provide retirees with more freedom to create an income that suits their lifestyle. However, Financial Conduct Authority (FCA) figures suggest that many retirees are taking unsustainable amounts from their pensions. It could mean they run out of money during retirement. The government introduced Pension Freedoms in 2015, which provide retirees with more […]
If you’ve yet to retire, you may give little thought to the State Pension. But the government is currently reviewing it, which could mean millions of people will need to wait longer than expected until they can claim it. The State Pension Age is now equalised for men and women and is currently 66, but […]
The 2021/22 tax year ends on Monday 5 April 2022. This is the date when many allowances reset, and it could be your last opportunity to make use of some of them. Keeping track of how you’ve used your allowances can reduce your tax liability and help you boost your wealth. Reviewing your finances ahead […]
Despite the pandemic, the property market continued to move in 2021. Thousands of families purchased their first home, moved up the property ladder, or decided to invest in property during the year. Here are a few of the key events and figures that highlight what happened in the property market in 2021. A Stamp Duty […]
For almost two years, the Covid-19 pandemic has had a significant impact on lives around the world. From health concerns to restricting social gatherings, the pandemic may have led you to question plans you’ve previously set out. According to a survey conducted by Aviva, almost 6 in 10 people agree that the pandemic has made […]
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