Posted 23 Oct, 2017 | By Chris Page

It’s not too late

First rule…don’t panic! Neglecting to start your retirement savings until you reach your fifties would not so long ago have been considered leaving matters far too late! Previous generations saw building a pension as something to do over an entire career… Making contributions throughout your working life, coupled with investment growth being the only way to ensure a substantial retirement pot. After all, it is to provide for you throughout your whole retirement. However, whilst compound returns still mean that anything put away at the…

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Posted 24 Jul, 2017 | By Chris Page

How to overcome ‘Awfulizing’

Whether you’re nearing the start of your retirement or you’ve still got a few years of work ahead of you, it’s likely that you’ve already started planning this next significant phase in your life. But no matter how much you read, how many numbers you crunch and how many pounds you put away, you might still find yourself constantly adopting a pessimistic view on what should be the period of your life set aside purely for you to enjoy yourself….

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Posted 21 Mar, 2017 | By Chris Page

What is the best way to provide for our grandchildren?

Have you found yourself thinking about financial provision for grandchildren? This is a question we get asked quite a bit here at Lewis Brownlee. With both property prices and the cost of living continuing to rise, as well as low interest rates making it difficult to save, the ‘Bank of Mum and Dad’ is increasingly becoming a partnership with the ‘Bank of Gran and Grandad’. If you have grandchildren, it’s only natural that you’ll want to provide for them in some…

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Posted 24 Feb, 2017 | By Chris Page

Should I transfer out my final salary pension?

Have you been wondering about final salary pension transfers?  Well retirement consultancy Mercer recently revealed that the final salary pension deficit of the 350 largest companies listed in the UK had reached £137 billion by the end of last year, despite the FTSE 100 index closing 2016 at a record high. That figure is more than three times the corresponding deficit amount of £39 billion at the end of 2015. “This continues to put real pressure on any risk management…

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