We all know it’s important to plan for retirement, but many of us are still not planning well, or early enough.
Pension Planning
The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
Personal pensions may be suitable if you are self-employed, if you are not working but can afford to put aside money for retirement, or even in addition to a company pension.
The fundamental idea of a personal pension plan is simple. You put money into a savings fund and it hopefully grows in value. At retirement, you have several options which are usually designed to replace some (or all) of your employment income.
With pensions being most people’s second-largest asset, they can become a major consideration in any divorce settlement.
UK News
The Bank rate was cut in August but many analysts do not expect any further reductions this year.
The UK government is calling this the largest commercial deal of its kind and expects it to create more than 7,600 "high-quality jobs".
The event comes as Meta faces ongoing scrutiny over the impact of its products, particularly on children.
They accuse the manufacturers of doing "nothing" despite being aware of the plane's risks.
Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.