Preparing your children for a 100-year life

Recent figures from the Office of National Statistics (ONS) have shown that approximately a quarter of babies born this year are expected to celebrate their 100th birthday. While we’ll often have plans for the future when we welcome a new baby into the family, perhaps saving for university fees or putting money aside to pay for driving lessons, we don’t tend to think financially beyond this. But as more children than ever before are set to reach the 100 birthday milestone, it’s time to think about how ...

Beat the scammer: 10 pension tips as pension scams take centre stage again

Pension scams are once again making headlines. New statistics from the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) show the average amount a pension scam victim loses is £91,000. With a third of pension holders aged between 45 and 65 not knowing how to verify a claim of contact from someone saying they are a legitimate pensions adviser or provider, it’s time to raise awareness. Following these ten pension tips to avoid scammers, can help you protect your life’s savings. 1. Verify who you’re speaking to Many pension ...

Young adults and pensions: Five reasons to engage early

Auto-enrolment in a Workplace Pension for the majority of UK employees has sought to engage more people on the topic of pensions. However, research from State Street has indicated that while more young workers are aware of pensions, they’re pessimistic about their retirement prospects. Luckily, engaging early and taking an interest in investing for the future can put you in a better position. Even though retirement age may still seem far away, taking steps to build a pension now means your retirement years are far more likely to live up to ...

Pessimistic retirement outlook opportunity to engage next generation

The introduction of auto-enrolment and the subsequent contribution increases has made saving for retirement a common discussion topic. Yet many UK workers and particularly younger generations aren’t optimistic about their life once they retire but it could be an opportunity to engage. For many, passing on some form of financial legacy once they pass away is a goal. But imparting financial wisdom while you’re still alive could have a far greater and lasting impact. With many in the UK worried about how they’ll finance their retirement years and the lifestyle they’ll be ...