Finance

Whatever kind of business you happen to run, it’s important to make sure that you are able to properly fund it. Without the right funding, you are never going to get it off the ground in any reasonable way, so … Read more

Passive or a semi passive income in retirement can become a reality if you take the right steps and do some research. Following or approaching retirement and thinking about boosting your income or leaving a nest egg to your children … Read more

Over 25% of lump sum pension withdrawals are to ‘save elsewhere’. Nearly one in five over-55s with a private pension withdrew a lump sum during 2019, with the most popular reason for doing so being to put the money into … Read more

Over 55s tempted to access their pension pots during the pandemic will be urged to reconsider after market falls have left millions of pensioners with less to live on. Last year, more than 200,000 people transferred £34bn from their “defined … Read more

Overview Great initiative designed to stop the over 55s raiding their income drawdown pots too soon without getting the correct advice. The new rules have been delayed but they need to be put into place as soon as possible.    … Read more

In light of the Coronavirus pandemic, and its drastic effects on social mobility and health in the United Kingdom over the past weeks, many people have rightly thought about making their wills. But as many solicitors’ offices and will-writing services … Read more

There has been a spike in pension scams as fraudsters eye the growing coronavirus crisis as an opportunity. According to Action Fraud, there were 105 reports of fraud relating to Covid-19 since the beginning of February, with total losses reaching … Read more

The prospect of retiring is exciting, but with so many pension options to consider, these 10 tips are designed to help. Many people use the new year as an opportunity to review their finances and make plans for the year ahead. If you are … Read more

When you’re in or approaching retirement, you may have to start caring for the pennies a little more. And there are schemes, discounts and dispensations in place to help you. But do you know when you become eligible for them? … Read more

It is important to realise that financial benefits are not all means-tested and related directly to your income and savings. Many are based on your individual National Insurance record and some are based on your personal circumstances, without any reference … Read more

 I need to write a will – Is it something I can do on my own? According to the law, anyone can make a will. Theoretically, all one needs is a piece of a paper and a pen. Is it … Read more

According to research from financial company Zurich, more than 300,000 people are now making regular withdrawals from a pension – even though they are still in gainful employment. Half of over-55s using rules that allow them to draw money from … Read more

If you want to be sure your wishes will be met after you die, then making a will is vital. It may prevent you from paying unnecessary taxes to the government. How to write a will Step 1 Value your … Read more

A simple, realistic guide to how people on moderate incomes could save enough to be able to retire at 55. You’d need at least an estimated £650,000 pension pot to retire at the age of 55 or 57. But as … Read more

In this article the CMA investigates the rising costs of the funeral market. Arranging a funeral is a difficult time in anyone’s life. We want to make sure that people in this unfortunate position are treated fairly and have access … Read more

It’s common to see lenders impose an upper age limit for new mortgages for the over 50s, which makes it harder for the over 50s. Find out how to get a new mortgage at 50+ It may not be possible … Read more

Renting in retirement: why the over-60s are jumping off the property ladder Renting in retirement. Since selling their five-bedroom house in ­London’s Belgravia two years ago, former newscaster Sir Martyn Lewis and his wife, Patsy Baker, have been living in … Read more