17 June 2021

Dividing your finances on divorce

The past year has sadly put huge strain on many relationships, with couples locked down together for months on end whilst trying to work remotely and home school their children, bringing relationships to breaking point. This brings financial challenges. Separating your finances When a couple divorce, they need to decide how to fairly divide financial […]

17 June 2021

Are you unwittingly invalidating your home insurance?

One in four UK households have no home contents insurance whatsoever, a situation made worse by the pandemic, as many people tighten their financial belts. Even if you are insured, you may not be aware that there are several ways to potentially invalidate your policy, leaving your precious possessions at risk. Here are some surprising […]

10 June 2021

Retirement finances: Take back control

Two pieces of research have again highlighted consumer confusion and concerns around pension provision and thereby the necessity for people to take control of their retirement planning. State pension overestimated Firstly, a survey by Which?1 found that three in ten people overestimate their future state pension income, some by almost £50,000 over the course of […]

10 June 2021

The financial basics you wish you’d learnt at school

A survey of British employees reveals that a significant proportion of working adults wish they’d been taught more about basic financial topics at school. According to research1, the number one topic UK adults wish they’d learnt more about at school is pensions: 40% of respondents to a survey said that learning about pensions at school […]

2 June 2021

‘Side hustles’ become a lockdown staple

If you’ve seen your income drop during the pandemic, have you considered taking up a side hustle? The term is an Americanism that is slowly making its way into common usage here in the UK. It refers to the practice of taking up a second job alongside your main job. A nation of side hustlers? […]

2 June 2021

More people accessing pension cash

More people accessed their pensions and more money was withdrawn in the final three months of 2020 compared to the same quarter the previous year. A total of £2.4bn was withdrawn from pensions flexibly in the three months to December 2020, representing a 6% increase from £2.2bn in Q4 2019. The HMRC data1 shows that […]