An emergency fund is an essential part of having financial security, acting as a safety net for unexpected expenses. Whether it’s a new boiler, car repair, or sudden job loss,
An ISA (Individual Savings Account) is a tax- efficient way to save and invest money in the UK. They key benefit of an ISA is that any interest, dividends, or
A pension annuity is a financial product that converts your pension pot into a guaranteed, regular income for life (or a set period). Essentially, when you buy an annuity, you’re
Pension drawdown is a retirement income method that allows you to withdraw money from your pension pot at times that suit you while keeping it invested (after you have taken
The UK pension system is designed to provide financial support for individuals in retirement. It’s mainly divided into three parts: the State Pension, Workplace Pensions, and Personal Pensions. Here’s an
Defined Benefit vs Defined Contribution Pensions: What’s the Difference? When it comes to retirement planning, two of the most common types of pension plans are Defined Benefit (DB) and Defined
Investment risk refers to the possibility that the actual returns on an investment may differ from the expected returns. This could mean losing some or all of your initial investment,
Thinking about investing and not sure how much money you need? There’s no specific minimum amount to start investing, but here are some guidelines for some of the different types
Sustainable investing, also known as socially responsible investing or ethical investing, refers to the practice of selecting investments based on financial return as well as social, environmental, and governance criteria.
Budgeting is one of the most crucial steps to achieving financial stability. Whether you’re just starting to manage your finances or looking for a way to streamline your spending, the
