Thinking ahead

How our retirement plans may change in response to the coronavirus pandemic
The coronavirus (COVID-19) pandemic has touched virtually every aspect of our lives and is having a widespread impact across all aspects of financial life, including retirement plans. Continue reading

Mental health and well-being

Recognising times when we feel down or stressed
Mental health and well-being play a big part in how happy we are in our everyday lives, especially during this difficult time. It includes factors such as an individual’s ability to develop their potential, work productively and creatively, and build strong and positive relationships with others. Continue reading

Coronavirus investment scams

If it sounds too good to be true, it probably is
Fraudsters are getting more sophisticated, particularly with investment scams. They can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. However, if it sounds too good to be true, it probably is. Continue reading

COVID-19 effects on retirement planning

Remember that pension savings are for the long term
The coronavirus (COVID-19) is having a widespread impact across all aspects of financial life, including retirement plans. The current global stock market turbulence, as a consequence of COVID-19, will no doubt be concerning for individuals whose pension savings are invested partly or fully during these volatile market conditions. Continue reading

What are you waiting for?

COVID-19 pandemic has made more people 
think about just how crucial it is to make a Will
Since the outbreak of coronavirus (COVID-19), the number of people seeking to write new Wills has risen by over 30%, according to The Law Society. Understandably, the current situation is causing angst among people, particularly elderly and vulnerable clients who have been self-isolating. It’s estimated that more than half of British adults have not made a Will. Continue reading

Beware of 
pension fraudsters

Safeguard your hard-earned retirement savings from COVID-19 scammers
Fraudsters are exploiting fears over the COVID-19 pandemic to target pension savers and investors. The Pensions Regulator, the Financial Conduct Authority (FCA) and the Money and Pensions Service have issued a joint statement urging people not to make rash pension decisions in the wake of the global pandemic, as criminals try to exploit public fears over the market turmoil to dupe victims out of their cash. Continue reading

Strategy 
for financial well-being

Government guidance body launches five goals
A new UK-wide strategy to transform the country’s financial well-being in a decade has been launched by the Money and Pensions Service (MaPS) under its government mandate.

The UK Strategy for Financial Well-being sets out a ten-year vision to improve millions of lives and includes five priority areas to help people make the most of their money and pensions. The strategy is aimed at transforming the lives of many individuals, benefitting communities, businesses, the economy and wider society. Continue reading