The search for a reliable retirement income

It’s been almost four years since the April 2015 pensions changes which scrapped compulsory annuities and gave pensioners greater choice over how to take their retirement income. This historic change to UK pension legislation opened up a range of investment...

Self-Employed lack protection

Just 4% of self-employed workers have income protection in place, leaving the majority vulnerable to financial difficulties if they are suddenly forced to stop working through illness or accident. In its survey of more than 9,000 adults, LV= identified the...

What’s stopping you from saving?

Generally speaking, and subject to investment charges and performance, the more you save and the earlier you start saving the better shape your finances are going to be in when you need to draw on them. So why is it then that many of us are reluctant to put money...

Shining a light on home insurance

Home and contents insurance seems to be a mystery to many households according to research by the Co-Op, which found more than five million have no cover despite the average value of contents reaching almost £40,000. On the face of it, this type of insurance seems...

What’s the point of a property survey?

You’re not bound by law to have a survey done on a property you’re buying, but while it may feel like an unnecessary expense given all the other costs involved in homebuying, it could actually save money and stress in the longer-term. A survey is basically...

Barriers to protection

According to an online survey of 2,000 adults by Royal London, half of those surveyed believe life insurance is essential for someone with a mortgage or dependants and yet only 60% of people with a mortgage have life cover. While 60% of those surveyed with a mortgage...

Protection in trust

Taking out a Life Insurance policy gives you valuable peace of mind; you know you’ve helped protect your family against financial hardship, should the worst happen. But how can you make sure your policy will pay out quickly, to those who’ll need it most, if you...

How secure is your business?

Business protection is a crucial element in a company’s financial future, but how many have cover in place? Research by Legal & General in their State of the Nation’s Small and Medium Enterprises (SMEs) report has found:   53% of businesses would cease...

The Junior ISA

Junior ISAs (JISA) are long-term, tax-efficient savings accounts for children, introduced in November 2011 to supersede the phased-out Child Trust Fund (CTF). There are two types of JISA: A cash Junior ISA –  where you won’t pay tax on interest on the cash you...

The Gender Pension Gap

If you overheard a conversation about the gender gap, you might automatically think about it in terms of pay, given the relatively recent requirement for firms with more than 250 employees to disclose their pay data. What is less well known though is the gender...