Data from the Financial Conduct Authority* shows that the number of pension pots accessed for the first time in 2020/21 totalled 596,080; the number fully withdrawn totalled 341,404. Only 33% of consumers taking money from their pension for the first time took regulated advice. People cashing in pension pots without taking advice could be putting themselves at risk of

An alarming set of data has come to light. Over three million pensioners are holding all of their ISA savings in cash!*

The analysis highlighted that during the most recent year for which figures were available (2018/19), there were 5.8 million over-65s holding ISAs, valued at just over £305bn in total, the average amount held was £52,500. However, 3.4 million of these

New data from the Office for National Statistics (ONS) Wealth and Assets Survey* has revealed that the largest single component of household wealth is private pension holdings.

In the latest recorded period (April 2018 to March 2020) pensions represented 42% of aggregate wealth, up from 34% (2006-08), an increase in pension wealth of nearly £70k on average for UK

Responsible investing can be confusing as there are so many names and terminologies: Environmental, Social and Governance (ESG) Investing; Sustainable Investing, Impact Investing and Socially Responsible Investing to name a few.

However, one thing we can agree on is that it is becoming a much larger part of how people invest. As awareness around the challenges affecting

While there's minimal change in the operation and structure of the taxation of UK individuals in the 2022/23 tax year, the ‘no change’ element is significant. Excluding the 1.25 percentage point increase to National Insurance and Dividend Tax rates from April 2022, and an increase in the National Insurance threshold to £12,570 from July, the big tax freeze is on. Stemming

Keeping up to date with tax changes can be challenging and you may have missed this one in relation to the reporting of Inheritance Tax (IHT), especially as it’s not something most of us will deal with very often.

Excepted estates

The changes came in at the start of the year and apply to the estate of anyone who dies on or after 1 January 2022. Now, before you make a

Taking positive steps to achieve financial freedom

When are you thinking of retiring? With many pre-retirees reassessing their lives and priorities in the wake of the pandemic, there really is a seismic shift for many people towards achieving life balance. People need a plan to flex with their changing aspirations – it’s become more about living life rather than going

As well as being a season of hope and renewal, spring is also viewed as the ideal time to declutter and reorganise. The last couple of years have taught us the importance of achieving balance in our lives – this extends to our finance too, making now an opportune time for investors to review and rebalance their portfolios to ensure investments remain aligned to their