Three must dos before you retire

Retirement is often something people look forward to as they reach the end of their working lives.  Often, the people who are happiest in retirement are those who’ve thought about what they want in advance and put in place an effective structure for their lives.   You might not be retiring just yet, but it’s a … Continued

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Sustainable Investing – is it sustainable?

A guest blog for Serenity Financial Planning by Alistair Meadows, Investment Analyst at EBI Portfolios “Money is better than poverty, if only for financial reasons.” – Woody Allen Sustainable Investing is hot right now; a Google search reveals a plethora of SRI (Socially Responsible Investing) or ESG (Environmental, Social and Governance) funds in the pipeline as Fund Managers rush to meet demand … Continued

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Would you be happy renting in retirement?

                A major goal for many during their retirement will be to enjoy their home after finishing paying off their mortgage. Depending on when you purchased your house however, and with house prices seeing a rise of 30% in the past decade, owning outright is becoming more difficult … Continued

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Update: the knock on effect of the interest rate cuts

Following the Bank of England’s decision to cut interest rates to a record low of 0.25% at the beginning of August and the initial reaction to that from within the financial sector, the resultant effects continue to be felt over a month later. Cash savings accounts have been hit the hardest, with some banks making … Continued

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Earning over £150,000? You need to review your pension. Here’s why.

            If your annual income is above £150,000, then your pension allowance has been subject to tapering since April this year. For every £2 of income over £150,000, your £40,000 annual allowance is reduced by £1, with the reduction rounded down to the nearest whole pound if necessary. Reductions are … Continued

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Is working part of your retirement plan?

                A recent study analysing the income statistics for pensioners has found that more people aged over 65 are continuing to work after they officially retire. Figures suggest that the amount of pensioners doing so is around 13%, an increase from just 8% over the past ten years. … Continued

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How will your spending habits change in retirement?

            It will come as a surprise to nobody that retirement is one of the biggest lifestyle changes you’ll ever experience. But as your priorities shift and the free time available to you increases, what you might not be as aware of is the way in which your spending habits … Continued

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Retiring in England? Here are the top destinations

Whilst the impact of Brexit is yet to be known, one thing that may become trickier is relocating to the continent after Britain leaves the EU. It’s a change that will affect those at the end of their working life as well as those near the start, as in the past many have chosen to … Continued

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Understanding pensions – what is drawdown?

Drawdown is a way of achieving greater flexibility with your pension funds. Every time you move your money into drawdown, you’re allowed to take 25% of this as a lump sum, which is exempt from tax. The rest continues as an investment, with taxable income able to be drawn straight from your pension whenever you … Continued

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