Final salary pensions have been big news over the past few months. The personal finance press has been awash with articles suggesting members should consider transferring their final salary pension. At the same time, unfortunate members of the BHS and Bernard Matthews pension schemes, will be worried about how their retirement is to be affected by recent events. We regularly advise member of final salary pensions and are becoming increasingly concerned about a potential pitfall we have rarely seen highlighted in the ...

Most parents would agree that having children has changed their perspective on life. It also changes our financial priorities; no longer do we just have ourselves to look after, our children will be financially dependent on us for many years to come. Why then do so many parents put the financial future of their children at risk, by not putting plans in place to provide much needed security in the event that one, or both, parents die. Over 50% of parents have no Life Cover A recent survey by Legal & General revealed the ...

The last six years have been a tough time to be in business and although the future is looking increasingly more positive, there are still hurdles to overcome. Does this scenario sound familiar? You have used the liquid capital in maintaining and restructuring your business, to put it in a position where it can capitalise on the growth which now looks more certain Growth has put further strain on liquidity Despite your businesses’ strong balance sheet, your bank either will not lend, or proposes unacceptably punitive terms What are the alternatives? Crowd lending? Secondary lending? Factoring?...

If you are approaching retirement and looking to turn your pension pot into an income, there’s a fair chance you will be joining the thousands of other people each year who buy an Annuity. Once you have rejected other retirement income options, such as Income Drawdown, it’s then a case of making sure you select the right Annuity options, spouse’s pension, guarantee periods and so on, and search for the best rate. One of the ways to improve your Annuity ...