Building your emergency savings up for a “rainy day” is important. However, how much should you be saving for this fund and what should it be for?Read more
The world of investment is changing, especially where it is no longer possible to ignore statements from our own UK Government making it clear that change is happening.
The Climate Change Act 2008 committed the UK to an 80% reduction in carbon emissions relative to the levels in 1990, to be achieved by 2050. In June 2019, secondary legislation was passed that extended that target to “at least 100%”.Read more
November 2020 and the world is still in the midst of the Global pandemic that is Covid-19.
Lockdown, and the easing of restrictions, has led us to living life and looking at life differently and more closely.
But how often should we be looking at our financial wellbeing?Read more
In simple terms, volatility is the erratic up and down movements often seen on financial charts.
It’s something you may have heard fund managers talk about – they demonstrate that their fund doesn’t have the move up and down as much as the index they are trying to match or the objective return of the fund.
Over the last decade we have generally seen markets move up, there have been some big movements down, but they have recovered quickly. These recoveries are what traders and fund managers call corrections.Read more
How you invest your money can have a dramatic effect on the return you receive.
We all know that investment stocks can go up as well as down but how do you know how much risk you should take with your money? Understanding your attitude to risk and completing a risk profile can relieve some of the worries of investing.
There is no right or wrong answer here; it is personal to you and your situation. This may change over time, as your family grows or you get closer to retirement. Therefore it is important to regularly assess your attitude to risk and ensure your money is invested wisely.
What is The Workplace Pension?
You may have started to see the TV adverts with the big fluffy monster, called The Workplace Pension. He wanders around and is ignored by those he meets. You may have even wondered what it was all about!
A workplace pension is a system of saving for your retirement. Under the Pensions Act 2008 every employer must create a pension scheme that both the employee and employer contribute to. Read more