Month: November 2023

Mind the retirement gap

Crisis looming over today’s youth

Today’s twenty-somethings are on the precipice of a retirement crisis. According to new research, if they don’t adjust their savings habits, they could face an income shortfall of over £25k annually during their golden years [1]. This warning applies to young adults in the UK, aged 22 to 32, who are currently not saving enough for their retirement. The findings reveal that a significant proportion of this demographic could be staring down the barrel of a retirement savings gap.

Continue reading “Mind the retirement gap”

Financial planning

A personal journey tailored to your unique financial situation and aspirations

Financial planning isn’t a one-size-fits-all process. It is a personal journey tailored to your unique financial situation and aspirations. Without considering your complete financial status and goals, the effectiveness of specific planning elements can be compromised. Here are some main areas to consider when developing a robust financial plan.

Continue reading “Financial planning”

The reality of retirement

Are you sure your target retirement age aligns with your financial status?

In today’s fast-paced world, the concept of retirement often takes a back seat. For many, it remains a distant reality, mired by uncertainties and apprehensions. However, planning for retirement is an essential aspect of financial planning, which warrants attention from an early age.

Continue reading “The reality of retirement”

The gender divide

Reflecting on 75 years of State Pensions

In the 75 years since the inception of the State Pension, we’ve witnessed dramatic shifts in the workplace and significant strides towards gender equality. Yet, a stark reality remains: women are more likely than men to depend solely on the State Pension for their retirement income.

Continue reading “The gender divide”

Fixed-income investments

Providing significant value in a diversified investment portfolio

Fixed-income investments, often called bonds, offer a unique blend of benefits that can provide significant value in a diversified investment portfolio. They strike a balance between shares and cash regarding risk and return, offering a steady income stream. These are long-term investments sensitive to inflation and interest rates, with the possibility of capital loss.

Continue reading “Fixed-income investments”