Starting them young – pensions for tots

Pensions and children don’t often share an article. The children don’t tend to like them because pensions are boring, and besides, Peppa Pig is about to start, right? Whilst pensions aren’t the first thing that comes to mind when you start a family, new research shows that a head start can make your little darling over £250,000 better off by the time they are 67. How much?! A study by Retirement Advantage shows that a £100 per month saved on behalf of your child from birth to the age of 18 would grow into ...

Brexit: Keep calm and carry on

exit from the eurozoneIt’s true to say that, whichever way you voted, In or Out, most of us were surprised by the EU referendum result, especially after the final opinion polls (as well as the bookmakers) suggested that Remain would be victorious. However, the reality was of course a victory for the Leave campaign. A few days later, as politicians try to navigate unchartered waters, Sterling weakens and stock markets fall, you can be forgiven if your thoughts turn your own personal finances. The next few weeks will be characterised by a ...

Savings: Revealed, the mistake nearly 50% of savers make with their cash

Revealed, the mistake nearly 50% of savers are making with their cashA new survey has found that almost 50% of people hold their savings in deposit accounts, preferring the security of a bank or building society to investing. With interest rates still at an all-time low, and well below the rate of inflation, holding so much capital in deposit accounts could be a costly mistake for many savers. The survey of 2,000 people, conducted by True Potential found that: Only 11% of people invest their spare capital in stocks and shares More men, 14%, ...

Guest Blog: Looking for more pension flexibility? Is a SIPP or SSAS the right option?

XafinityIn this month’s blog for Investment Sense, Jeff Steedman, Head of SIPP & SSAS Business Development at Xafinity outlines the key differences between SSAS (Small Self-Administered Scheme) & SIPP (Self-Invested Personal Pension) and what market trends they are seeing in today’s self invested pension market. Emerging trends in 2014 in the SSAS & SIPP world SIPP & DFM (Discretionary Fund Manager) There are many advisers who are deciding against “fund picking” and this is leading to an ever increasing use of DFMs. The low cost “simple SIPP” structure offers the perfect wrapper ...