A financial plan is made up of many working parts which should all fit together seamlessly. When most people think of financial planning, they might think about investments or pensions. But these are simply the tools we use to work towards your goals rather than the end result. A good financial plan combines risk management, …
Pension flexibility has brought a great deal of choice and opportunity to investors. You can take your pension income to suit your circumstances and do not need to be bound by an arbitrary limit. If you want to spend it all on a holiday or a sports car, you can. Equally, you can decide not …
The years when you are raising a family can be the most pressured from a financial perspective. You may still be paying off debt or trying to get on the property ladder, while simultaneously doing everything you can to build a career and give your children the best start in life. You may also have …
Diversification is a common term in investment circles, but what does it mean, how do we implement it, and why is it important? A well-diversified portfolio can be the difference between weathering the storm in a financial crisis, or sustaining irrecoverable losses. What is Diversification? In certain market conditions, the various asset classes behave in …
Risk means different things to different people. To some, it means opportunity and excitement. To others, it means danger and is best avoided. In investment terms, risk is a spectrum. Most people recognise that at least some risk needs to be taken to achieve investment growth. But there are different kinds of risk. A share …
To some people, risk means excitement. To others it means danger. Across the diverse range of industries, from insurance to investing, from sports to space travel, the higher the risk, the higher the potential reward. We simply need to decide if the rewards we could gain are worth the possibility of losing something. When we …
Investing has never been easier, even for beginners. We have detailed information and analysis accessible at the touch of a button. Investment platforms are widely available and provide access to funds and shares across every asset class, world region, and business sector. But all this choice can make investing seem impossibly complicated. We all know …
As part of a financial plan, protecting your family is one of the highest priorities. You may have insurance in place, but does your policy really give you all the protection you need? While the premiums may be competitive, there could be some vital detail that requires additional planning, or means that another policy might …
We all know that we should be planning for retirement. The State Pension is a useful starting point, but would fall short of providing a comfortable retirement for most people. Workplace pensions can partially bridge this gap. These require a minimum level of contribution from both the employee and the employer. But over the course …
When you pay someone to manage your money, the promise of ‘active management’ can be reassuring. It assumes a level of insight and expertise not available to the amateur investor. But active management is not the only option, and sometimes a passive strategy can meet your requirements equally well, and at a lower cost. Active …
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