A couple looking at the architecture on an old city street.

The potential perils of accessing your pension at 55

Reaching the minimum pension age and being able to access your retirement savings might mean new possibilities opening up. You may start thinking about giving up work, withdrawing a lump sum to pursue a goal, or using your pension to boost your regular income. It’s an...

A couple cycling together on a road.

Why ongoing financial advice could ease your mental load

Handling finances is a part of life and something that most people do, but that doesn’t mean it isn’t stressful. Indeed, many people don’t feel confident making financial decisions, and financial advice could ease their mental load. Even when you’re relatively comfortable, managing your finances can...

A group of people attending a painting workshop.

How to practice mindfulness when managing your money

How you approach managing your finances could affect your ability to reach long-term goals. The Japanese spending philosophy “kakeibo” could help you practice financial mindfulness and get more out of your assets. Spending money without thinking about how it’ll affect your long-term finances could mean you...

A man reading some paperwork.

Higher-rate taxpayers: Beware of the 60% tax trap

The tapering of the Personal Allowance means some higher-rate taxpayers effectively pay an Income Tax rate of 60%, sometimes without realising. Fortunately, if you’re affected, there could be ways to reduce your tax bill.  A report in the Telegraph suggests 1.35 million workers were affected by...