Discussing life expectancy as part of your retirement planning is key
P ension Wise, the government’s guidance guarantee service, must discuss life expectancy as part of people’s retirement planning, according to a recent Aviva report.
Monthly Archives: March 2015
Getting more savvy about saving and spending
Sorting out our finances is high on our list of priorities in 2015
The British population is determined to get more savvy about their saving and spending habits in 2015, with three quarters (76%) of adults admitting they are prepared to moderate their lifestyle, according to a new survey by Standard Life.
Changing financial roles
Almost 1 in 5 women are now the main household breadwinner
Nearly one in five (17%) of women claim to be the main breadwinner in their relationship, according to new research commissioned by Scottish Widows to mark its 200th anniversary.
Shopping around could mean you receive a higher income
Spotlight firmly on people rolling over into the holding provider’s own annuity
The Financial Conduct Authority’s (FCA) thematic review into annuity purchases has shone the spotlight firmly on people rolling over into the holding provider’s own annuity.
'Shot in the arm' for oil consuming economies
Positive impact on earnings, and a small positive impact on dividends
Despite the so far rather negative response of equity markets, the oil price falls could be seen as a ‘shot in the arm’ for oil consuming economies, with many viewing the oil price decline as being deeply beneficial because it amounts to a reduction in input costs and a dividend to consumers.
Are you considering working after retirement?
Two thirds of over-50s plan to lengthen their working lives
Nearly two thirds of over-50s workers would consider retraining so they could work longer in retirement, according to new research from MetLife.
Hedging against downside risk
Divergent monetary policies and growth
trends could be key themes of 2015
The return of volatility – as valuations and investor complacency remain elevated – will make it vital for investors to consider hedging against downside risk and cut back on ‘me too’ investments this year, according to the BlackRock Investment Institute’s (BII) 2015 Investment Outlook.
What's your magic number?
The picture of retirement income in the UK is not as bleak as some would like us to think
A report has revealed those approaching retirement are expecting to receive £23,700 per year when they retire. The same survey shows that the average income in retirement today is currently just £19,000 – a shortfall of £4,700 per year, or 25%.
Trust in your future
Exposure to a range of assets through a single investment
In performance terms, the attraction of investment trusts is consistently evident. They allow you to pool your money with that of other investors to get exposure to a range of assets through a single investment and are listed companies that issue a fixed number of shares quoted on a stock market, such as the London Stock Exchange.
Influencing factors to managing your future wealth
When was the last time you revisited your investment goals?
It’s vital to know why you’re investing. The first step is to have a good think about your financial situation and your reasons for investing. Whatever your personal investment goal may be, it is important to set your time horizon at the outset, as this will impact on the type of investments you should consider to help achieve your goals. It also makes sense to revisit your investment goals at regular intervals to account for any changes to your personal circumstances.