Analysis of the Financial Conduct Authority’s (FCA) Financial Lives Survey has revealed a significant trust and engagement gap in pension savings, particularly among younger adults. Trust in pension providers is lowest among 25-34-year-olds according to the FCA’s data, with 43 per cent scoring their trust as six or less on Read more…
Recent research from Canada Life has highlighted a concerning rise in financial scams affecting UK residents. According to the new study, a staggering 51 per cent of UK adults have either been targeted by or know someone who has been targeted by a financial scam in the last year. This Read more…
In the last five years, an incredible £1.3 billion of pension tax relief has gone unclaimed in the UK – with higher and additional-rate taxpayers losing out on incredible sums according to some experts. This tax is the Government’s mechanism to enhance your pension payments and help you boost your Read more…
One of the most frequently overlooked aspects of financial planning is income protection insurance. While it is easy to focus on immediate needs and short-term financial goals, planning for potential future hurdles can sometimes allow this critical form of insurance to slip through the cracks. Despite its significant benefits, many Read more…
Investing in financial markets is often perceived as a sophisticated process, involving a myriad of strategies and choices. One of the key choices an investor must make is whether to adopt an active or a passive investment approach. Both strategies have their merits and potential drawbacks. Understanding the fundamental differences Read more…