RPI vs CPI: what’s the difference?
We all feel the effects of rising inflation as it eats away at our income, savings, and purchasing power. But how is inflation calculated, and how do the RPI and CPI indices affect our personal finances?
We all feel the effects of rising inflation as it eats away at our income, savings, and purchasing power. But how is inflation calculated, and how do the RPI and CPI indices affect our personal finances?
In recent years, financial wellbeing has become a hot topic in the workplace. We look at what financial wellbeing means, why it has become so important, and some practical steps employers can take to help both their staff and their business.
A little bit of planning, self-discipline and knowing the ‘dos and don’ts’ can go a long way towards being able to successfully manage your money.
Market update for July 2022 by Alan Boswell Financial Planners
Children’s pensions enable parents, grandparents, and guardians to contribute towards the financial security of the next generation. Here’s how a child’s pension works, the pros and cons, and how much it could be worth.
Pension consolidation can make it easier to manage various pension pots but there are drawbacks too. We set out the pros and cons of consolidating your pensions and how you can decide whether it’s right for you.
Salary sacrifice schemes operate in the same way as other workplace pensions whereby both you and your employee contribute to their pension fund. All of their pension contributions will be made by you and classed as ‘employer contributions’. Salary sacrifice is also sometimes known as ‘salary exchange’.
What is a SIPP, and is it the best option for you to plan for your retirement? Managing your own pension has become increasingly popular in recent years, but you need to have the confidence and time to do so.
We take a look at the rise of the ‘semi-retired’ and how this phased approach to the end of working life can benefit workers.
What’s the maximum tax-free pension contribution, and how does it affect high earners?