27th January 2023

Resolution – review and rebalance

Did you know that during periods of market volatility, portfolio drift can be accelerated, meaning your investments may no longer be aligned with your risk preferences and objectives? This is why it’s good practice to have regular portfolio reviews, in order to implement effective rebalancing if required. Regular reviews are also a great opportunity to […]

13th January 2023

New year prompt to check your protection

The start of a new year is a great opportunity to reassess your finances. In 2023, with difficult economic conditions causing cost-of-living difficulties for many, it is especially important to make sure everything’s in order. Protection is an essential part of long-term financial planning. The right protection for your unique needs is an indispensable safety […]

10th January 2023

What’s next for housing and mortgages?

After a turbulent 2022, the new year brings hope and uncertainty in equal measure. So, what does 2023 have in store for the housing and mortgage markets? Back to normal? Average mortgage rates rose sharply after the ‘mini-budget’ announced by former Chancellor Kwasi Kwarteng in September 2022. Although significantly higher than at the start of […]

Financial fitness: Building retirement resilience

Although there are many challenges on the household finance front at the moment, the start of a new year always provides the perfect opportunity for a financial health check; and a key element of any finance MOT will inevitably be an honest appraisal of your financial fitness for life after work. Retirement income targets A […]

15th December 2022

Retire early – repent at leisure?

It is the dream of many to retire early. Indeed, 270,000 people in their 50s and 60s left the UK workforce during the COVID-19 pandemic, according to the Institute for Fiscal Studies. Concerns about retirement poverty However, two thirds of people aged 50–70 who quit work or lost their job during the pandemic left the […]

Protection insurance payouts on the rise

Claims paid out under protection insurance totalled £6.8bn in 20211, a second consecutive yearly high, with more than £18.6m paid out every day in life insurance, income protection and critical illness claims.  Last year was the third year in a row where the overall average individual payout increased, rising by 9% year-on-year to reach £14,994. […]

8th December 2022

Cost of living drives equity release increase

In recent years, equity release has become an increasingly popular way for older homeowners to unlock cash tied up in their properties.  Equity release products enable homeowners over the age of 55 to access equity locked up in their homes while still being able to live in their property.  New research suggests that many homeowners […]

24th November 2022

Property pitfalls for holidaymakers

Do you always lock your windows before going on holiday? If not, you’re not alone. A new survey1 has revealed some of the bad holiday habits of UK homeowners.  Locked out  Two in five respondents don’t check their windows are locked, with a similar number failing to check the doors. Just under half make sure […]

Pensions round-up

Recently released research1 suggests UK consumers are becoming more knowledgeable about pensions and prepared to take a greater role in preparing for retirement. Other research2, however, shows significant sums are still sat in ‘lost’ pensions, while experts have warned about potential pension-related problems as the cost-of-living crisis bites.  Pensions knowledge improving  A survey conducted by […]

16th November 2022

Mortgage market review

It’s been a busy couple of months in the mortgage market, with rising interest rates and new product ideas dominating the discussion.  Rate rises  Following the Bank of England’s decision to raise interest rates, two million mortgage holders with standard variable rates or tracker mortgages are already facing higher repayments.  Bank Rate increases will also […]