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How a virtual “shopping basket” is used to calculate the rate of inflation

How a virtual “shopping basket” is used to calculate the rate of inflation

by admin | Jun 1, 2022 | Uncategorized

Over the last few months, you’ve probably heard a lot about inflation and the effect it can have on your cost of living. While you may be familiar with the headline figures, how is it calculated? The key figure that you normally see is the Consumer Price Index (CPI)....
Investment funds: How do they work and how they could play an important role in your portfolio?

Investment funds: How do they work and how they could play an important role in your portfolio?

by admin | Jun 1, 2022 | Uncategorized

Investment funds often make up an important part of an investment portfolio and overall financial plan. If you’re not sure how they work or why they can complement your goals, find out here. When you think of investing, you may imagine investing in individual...
Misconceptions mean that 40% of homeowners don’t have life insurance

Misconceptions mean that 40% of homeowners don’t have life insurance

by admin | Jun 1, 2022 | Uncategorized

Do you have life insurance in place? A survey suggests that some homeowners are choosing not to take it out because of common misconceptions about how life insurance works. Life insurance would pay out a lump sum to beneficiaries if the policyholder passed away during...
80% of over-55s don’t have a Lasting Power of Attorney in place. Overlooking this could place you in a vulnerable position

80% of over-55s don’t have a Lasting Power of Attorney in place. Overlooking this could place you in a vulnerable position

by admin | Jun 1, 2022 | Uncategorized

Do you have a Lasting Power of Attorney (LPA) in place? If you don’t, it could leave you in a vulnerable position if you’re unable to make decisions for yourself, such as after an accident or illness. Losing the mental capacity or ability to make decisions for...
4 valuable pension lessons younger generations can learn from the regrets of the over-50s

4 valuable pension lessons younger generations can learn from the regrets of the over-50s

by admin | Jun 1, 2022 | Uncategorized

Those nearing retirement have plenty of lessons to teach younger generations. A survey asking over-50s how they feel about their pension and retirement plans has highlighted some regrets workers could learn from. When you’re in your 20s, 30s and 40s, retirement can...
Typical worker approaching retirement is 58% short of their pension goal. Are you saving enough?

Typical worker approaching retirement is 58% short of their pension goal. Are you saving enough?

by admin | Jun 1, 2022 | Uncategorized

Figures suggest that workers nearing retirement could find they’re facing a significant income shortfall later in life. Understanding how your pension savings will add up before you retire is crucial for creating long-term financial wellbeing. According to a report...
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