News in Review
‘Shared beliefs and shared responsibilities are the bedrock of leadership and prosperity’ The G7 Summit in Cornwall dominated headlines over the weekend, with leaders of the ‘Group of Seven’ (UK, US, Canada, Germany, France, Italy and Japan) meeting to discuss global worldwide issues, including vaccination programmes, economic recovery and climate change. The Prime Minister hosted the […]
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Retirement finances: Take back control
Two pieces of research have again highlighted consumer confusion and concerns around pension provision and thereby the necessity for people to take control of their retirement planning. State pension overestimated Firstly, a survey by Which?1 found that three in ten people overestimate their future state pension income, some by almost £50,000 over the course of […]
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The financial basics you wish you’d learnt at school
A survey of British employees reveals that a significant proportion of working adults wish they’d been taught more about basic financial topics at school. According to research1, the number one topic UK adults wish they’d learnt more about at school is pensions: 40% of respondents to a survey said that learning about pensions at school […]
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News in Review
‘We will continue to work together to ensure a strong, sustainable, balanced and inclusive global recovery that builds back better and greener from the COVID-19 pandemic’ Ahead of the G7 Summit in Carbis Bay, Cornwall, later this week, where leaders from some of the world’s most influential countries are meeting to discuss major global issues, several Finance Ministers […]
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News in Review
“It’s no surprise to see an uptick in optimism” The latest quarterly Service Sector Survey conducted by the Confederation of British Industry (CBI), has provided further evidence of growing confidence within the UK economy. The data, published last Thursday, revealed a record improvement in business and professional services sentiment, while consumer services optimism was found […]
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‘Side hustles’ become a lockdown staple
If you’ve seen your income drop during the pandemic, have you considered taking up a side hustle? The term is an Americanism that is slowly making its way into common usage here in the UK. It refers to the practice of taking up a second job alongside your main job. A nation of side hustlers? […]
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More people accessing pension cash
More people accessed their pensions and more money was withdrawn in the final three months of 2020 compared to the same quarter the previous year. A total of £2.4bn was withdrawn from pensions flexibly in the three months to December 2020, representing a 6% increase from £2.2bn in Q4 2019. The HMRC data1 shows that […]
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