Welcome to our latest edition. At the time
of writing this issue, Sajid Javid had resigned as
Chancellor of the Exchequer with less than a month
to go until Budget Day. His replacement, Rishi Sunak,
will deliver the Budget on 11 March 2020. In our next
issue, we’ll look at the key Budget announcements
and how they could affect your finances.
Some of the questions our clients almost always
ask us are: ‘Will I be able to retire when I want to?
Will I run out of money? How can I guarantee the
kind of retirement I want?’ Worryingly, it’s been well
documented that many Britons aren’t saving enough
in their pension for their retirement. On page 08,
figures published by HM Revenue & Customs (HMRC)
in September 2019 show that the annual average
contributions that every individual makes decreased
in 2017/18 compared to 2016/17. We look at what you
need to consider when saving for retirement.