Traditionally parents would bequeath their assets to their surviving spouse and subsequently their children. But, as we live longer, there are increasing opportunities to use intergeneration financial planning which includes grandchildren and great grandchildren too.
Following Theresa May’s resignation speech on Friday, before the start of the bank holiday weekend, the Conservative Party leadership contest sprang into action.
Retirement can seem a long way off when you are fresh out of university or embarking on the first steps of an exciting new career. Phrases such as YOLO (You Only Live Once) are also encouraging us to live for today rather than plan for tomorrow. So, what does this behaviour mean for the future of today’s millennials?
We all want to live a long and fulfilled life, and that includes being able to enjoy our retirement years to the full. However, as we all begin to live longer, concerns have been raised over the Government’s ability to fund the futures of our ageing population.
The world of investment is fast-moving and ever-changing. There are many asset classes to choose from. Each of them has their own characteristics and can deliver different returns over any given time period.
Recent Office for National Statistics (ONS) analysis reveals the financial situation and personal wellbeing of those living alone.
As we welcome in a new tax year, here is a look at pension planning for 2019/20.