Work We Love Will Be The New Pension

People of all ages are waking up to the fact that global demographics mean that either our pensions will be delayed, or have a reduced or zero value. Most self-employed people I know don’t even have one. Maybe we thought we had plans in place which would provide a pension by alternative means but, with things as they are, maybe those plans aren’t working out as intended either. Or we never had any pension in the first place because we couldn’t afford the contributions. Yikes! What to do, especially as we get fearful about our advancing old age?  I’m not […]

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British Families Are £6,000 Worse Off Than 3 Months Ago

The Daily Mail reported on Saturday that British families are £6,000 worse off than three months ago. “Savers with large pension pots were the worst hit after the stock market collapsed in August. But soaring energy bills, dwindling house prices and the high cost of groceries have also taken their toll on households’ total wealth.” The third quarter of the year between June and September saw the biggest drop since reports beginning in 1997 by investment company Alliance Trust. Economic activity has slowed, there’s been a rise in unemployment, higher inflation causing higher basic goods prices and a loss of […]

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Some Thoughts About Pensions and SIPPs

Until 2002, when I began my journey to financial freedom, I thought I would have to work until I dropped down dead. And if I had to rely solely on my pensions, then that’s still the situation I would find myself in, even after nearly a decade of improving my own financial intelligence.   Someone wrote to ask me about SIPPS earlier today when I had already planned to write on this topic. That’s life for you, isn’t it? Pensions. Is that the dullest and most unsexy word and concept on the planet? I thought it was until I was in […]

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Entrepreneur Radio: Today’s Entrepreneur is Mary Waring

Did you catch my radio show at 9 GMT today?   If not, you can listen again to Mary Waring, UK mortgage adviser, buy-to-let landlady and property expert, IFA in training.   Is there no end to this woman’s talents? Listen to Mary as she describes why corporate life wasn’t for her and what caused her to finally quit and start up on her own, how she ran the London Marathon and how that enables her to remember she can get out of her comfort zone and do anything. Mary is studying for her IFA exams and will qualify on the fast-track […]

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Check the Performance of your Pensions and Investments

  I received a phone call from an old friend and colleague last week.   He’s now part of an IFA which will check your pension policies and investments in such instruments as PEPs, ISAs, unit trusts, bonds and oiks (OEICS, not I dont know what they are either) for free.   It’s an independent free review. If your policies are doing great, they will tell you so and you can put the paperwork back in the file and relax. If they are not doing so great, they will give you some advice about what to do about it, that’s also free – they […]

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