Posts by Simon Garber
3 Steps to a Successful Pension Transfer
Step by Step We’ve broken down the steps required to ensure a successful Pension Transfer to help you understand what you will need to do and when. Along with getting an accurate estimate of your Transfer Value with a full breakdown of all of the benefits attached to your existing Pension, you’ll also need to talk to a Qualified Pension…
Read More11 Easy Christmas Savings
Christmas can be a very expensive time that can take it’s toll on our finances, so we’ve put together our top 11 Christmas Savings Tips to help save you money without compromising on the spirit of giving. 1) Christmas Savings: Less is more… More doesn’t necessarily mean more at Christmas, but try telling parents and…
Read MorePaying a financial adviser could make you significantly richer
esearch by the International Longevity Centre-UK (ILC-UK) has shown that people who receive financial advice could become significantly wealthier than those who don’t. The research paper “The value of financial advice” backed by Royal London, was first published in 2017 and updated in November 2019. It looked at individuals of different financial standing, split between 2 groups…
Read MoreThe #1 checklist you need if you’re considering a Final Salary Pension Transfer
We have put together a Final Salary Pension Transfer Checklist to show you the questions you’ll be asked to see whether it would be appropriate for you to transfer your Final Salary Pension. This is meant as a guide only and does not constitute advice on its own. You can fill this form out and…
Read More7 easy ways to make money in your 60s
Acording to research by Aldemore bank, an increasing number of new businesses are being started by the over 50s (and many of those are well over 60). With returns from savings low and cost of living rising, finding ways to make money and supplement income elsewhere has become a necessity for many who have already…
Read More10 rules of successful investment
Long-term, successful investment is not about buying low and selling high – although that is always a good principle to bear in mind. Share prices can be susceptible to unpredictable external factors ranging from political news flow to the weather, which can lead to the idea of investing – particularly during times of high volatility and…
Read MoreThe simple secrets of investing for income: expert guide
With historic ultra-low interest rates on savings, many investors over the past decade have turned to income-paying funds as an alternative to cash-based Savings. Changing life plans and priorities mean we now encounter varying income needs and goals throughout our life and, when investing, certain innate behavioural traits will influence our decision making. For many people…
Read MoreNew State Pension Age
Will you be one of the millions of workers who will have to work an extra year before retiring after the government announced that it would be extending the retirement age to 68? New plans announced in july this year mean that the rise in the state pension age to 68 will now happen in 2039,…
Read MoreThe 8 times you should review your life insurance
Major milestones such as getting married, buying a house or starting a family can have large impacts on your financial situation. Because of this, your life insurance needs can change significantly over the course of your life. Whether you’re just starting out, starting a family or planning for retirement, having the right life insurance can…
Read More10 everyday savings tips
It’s all very well being told that we should be saving more. We should be saving for a rainy day, a house, a family, education costs, retirement… The list is endless. So many of us KNOW we should be saving more but sometimes that’s easier said than done and our outgoings can make the idea…
Read MoreThe irrationality of property investment
Buy to Let was once considered to be the prince of investments. The regular income from rent that offered high returns on investment plus the lure of capital gains was an investors’ dream. But the market has changed from the glory days of the late 90’s, early 2000’s and with a less buoyant property market,…
Read MoreFinal Salary Pension a risky transfer window
If you’re one of the lucky few with a Final Salary or Defined Benefit Pension, then it’s likely the transfer value of your pension has skyrocketed over the last few years, more as to why later, but transferring is risky business. Simon Garber, CEO of 2020 Financial looks at whether it’s ever a good idea to transfer out of these…
Read MorePension Freedoms explained
The pension reforms of 2015 were introduced to offer more choice and flexibility on what we can do with our pension savings. This includes different options for accessing your pension from 55 including tax-free lump sum withdrawal. You may have seen references to the new Pension Freedoms and wondered What they are? and How do…
Read More