Reaching retirement is like reaching a summit and decumulation can present dangers. After savings for years, planning before you spend your wealth is crucial.

Making your retirement savings last a lifetime

To help ensure a sustainable income, you first need to understand how much you’ll need to live on.

1. On the go – during the early stages of retirement, there’s a strong likelihood that you’ll spend more on travel, hobbies, or home improvements
2. Slowing down – while you may be slightly less active, you’re still busy with hobbies, but you...

If you have a defined contribution pension, you can access your retirement savings in a variety of ways. One of those options is drawdown – a flexible approach for dipping into your savings when you need to. Read on to learn more about it.

1. How much income are you likely to need throughout your retirement?

Your specific circumstances will influence how much income you need through retirement and the method you use to access your pension savings. Cashflow modelling can help you to see if your savings are sufficient to support you throug...

If you’re looking for a Buy to Let mortgage in the current economic climate, the prospect may feel a little daunting. There’s no denying that as a landlord, due to remortgage, you may be facing higher mortgage rates and monthly payments which could put a squeeze on your profits.

But an adviser can help you navigate the difficulties, with the tools and expertise to source a Buy to Let mortgage that works for you.

To help set you up before you speak to an adviser, we’ve put together a useful breakdown of the key information you’ll need ...

The cost of living crisis has dominated the headlines since inflation began to creep up from historic lows in mid-2021. While the Covid pandemic began the inflationary increase, the situation was made worse by the war in Ukraine, which pushed up energy and food prices even further. Following such an extended period of price rises, you may be concerned about your household finances and long-term plans. If you want to understand how you can tweak your expenses and finances to best protect your wealth through the cost of living crisis, read on ...

What’s the difference between a product transfer and a remortgage?

If you want to stay on top of your mortgage repayments and ensure you’re getting the right deal for your circumstances then remortgaging is one of the most important financial decisions you can make.

But is it best to change to a new mortgage product with your current lender via a product transfer or look to remortgage with another provider?

The reality is that there are advantages, disadvantages and differences to whichever route you choose to go down, which is why it’s e...

Downsizing could mean lower overheads as well as the extra cash from the sale of your home. But there are factors to consider before you make the decision.

From reducing household bills to boosting retirement savings, there are plenty of reasons why people choose to downsize and move to a smaller property.

It’s important to consider interim costs, however, like whether you decide to rent in the area you’re thinking of moving to, as the search could take some time. There are also fees to pay when selling your home including stamp duty, surv...

Since the government introduced pension auto-enrolment in 2012, millions more workers have started saving for their retirement. Now, the government has confirmed plans to extend auto-enrolment to encourage a savings boost. The changes could have implications for both employees and business owners.

Following a review of auto-enrolment the government has revealed key reforms forecast to increase pension contributions by £2 billion a year.

Key auto-enrolment changes to be aware of

The minimum age of auto-enrolment will fall from 22 to 18

Yo...

 Should I save or invest, what's the difference?

Saving is building up a financial cushion in case of an emergency to save for a specific goal, such as a deposit payment on a house or new car. You earn interest on your savings account, but the interest rate can be low.

Investing can include stocks, bonds, funds and other investments. When you invest you are taking on some risk, because the value of your investments can go up or down. However, the potential rewards of investing can be much higher than the interest you earn on savings 

What are Bonds? In this video, Rohit Vaswani - Client Portfolio Manager explains what Bonds are, why we invest in them and why they are important in a diversified portfolio.