News in Review
“This unlocking amounts to a very considerable step on the road back to normality” On Monday, the Prime Minister confirmed that the next stage of easing measures will go ahead as intended on 17 May. People in England will be able to resume numerous activities, including hugging loved ones, meeting six people or two households […]
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Dividends down 44% year-on-year
UK dividends fell 44% in 2020 to £61.9bn, the lowest annual total since 2011, according to Link Group’s latest Dividend Monitor1. However, a better-than-expected Q4 was boosted by suspended payouts being restored. The biggest impact came from the financial sector, which contributed to two-fifths of cuts, while oil dividend cuts accounted for another fifth. Dividends […]
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News in Review
“A huge national effort” During the May Bank Holiday weekend, a momentous milestone was achieved as the UK surpassed 50 million vaccine doses administered: 34,588,600 first vaccine doses and 15,500,949 second doses. As a result of the unprecedented programme, nearly 66% of the adult population have had at least one dose, ahead of the next […]
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Why it pays to update your pension expression of wishes
An expression of wishes tells your pension provider who you would like the beneficiaries of your pension to be in the event of your death. Multiple beneficiaries can be named, and you can state how much of your pension you want each to receive. However, while many people complete an expression of wishes when they […]
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Sorting out your mortgage during divorce
Divorce can be an incredibly stressful time for couples and the financial impact it can have only adds to the pressure. The number of couples getting divorced surged by almost a fifth in 20191. Although data for 2020 has not yet been released, after the strains of the last year or so, unfortunately it would […]
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News in Review
“We must make decisions that will avoid the worst consequences of the climate crisi ” US President Joe Biden has pledged to cut his country’s carbon emissions by 50-52% compared to 2005 levels, by the year 2030. The President unveiled the new target during his opening remarks at a two-day virtual Climate Summit, which started […]
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Third of retirees financially supporting family
A third of potential retirees continue to financially support their families, with regular handouts amounting to more than £3,700 a year1. Those planning to retire expect an average income of £20,663, but anticipate around a fifth of this (£3,700) will be used to support the finances of younger family members. This equates to £311 a […]
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