Divorce is a life-altering event and, for many women, it results not only in emotional turmoil but also in financial hardship. Research indicates that women generally see their household income halve within a year of divorce, while men’s incomes decrease by only 30%[1]. This gap leaves women more exposed, with 24% struggling to manage their finances compared to just 16% of men.
Continue reading “Mind the divorce gap”
A new report highlights the financial struggles faced by millions across the UK. Almost one in four (5.7 million) of the working-age population believe they may never achieve financial independence. This stark reality is caused by a complex mix of challenges, including rising living costs, inadequate savings and high levels of personal debt.
Continue reading “Build a brighter, more secure future”
Fraudsters are becoming increasingly sophisticated, blending traditional scams with advanced technology to deceive unsuspecting victims. This constant increase in fraudulent activity emphasises the urgent need for heightened awareness and proactive safeguards.
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For many in the UK, the State Pension remains a vital component of retirement planning, providing a financial foundation in later years. Alongside workplace or private pensions, it provides income essential for maintaining the lifestyle you envisage after retirement. Currently, the full rate of the new State Pension for the 2025/26 tax year is £230.25 a week, which totals nearly £12,000 annually.
Continue reading “How to increase your state pension”
Planning for retirement can feel overwhelming, especially when trying to ensure your money lasts as long as you do. Annuities have long been a reliable option, offering guaranteed income during your golden years.
Continue reading “Should annuities be included in retirement plans?”
