The £1m retirement fund strategy
I had a great client meeting yesterday morning. We spoke about retirement planning and he explained how he needed to accumulate £1 million in his pension pot by age 65.
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I had a great client meeting yesterday morning. We spoke about retirement planning and he explained how he needed to accumulate £1 million in his pension pot by age 65.
This is the perfect time of the year to make resolutions. Here are our eight top personal finance resolutions for 2010.
At this time of year, it is not unusual to hear about people making resolutions for the year ahead. Once again, it appears that sorting our health and finances top our New Year’s resolutions.
Financial Planner is the official magazine of the Institute of Financial Planning. Each month they publish a ficticous client case study and invite two Certified Financial Planner (CFP) professionals to provide a response.
The Bank of England undertakes a quarterly survey of public attitudes towards price inflation. The latest survey was conducted in November, and the results have now been published.
The National Association of Estate Agents (NAEA) has published its predictions for the UK property market over the next 12 months, and they make interesting reading. They think that house prices could remain flat, or even drop in some areas, for the first six months of 2010.
The inflation figures published today for the twelve months to November 2009 could signal the start of a short-term spike in price inflation. The Consumer Price Index (CPI) measure of price inflation was slightly higher than expected, with an annual rate of of 1.9%.
We have published a free 17 page special report with details and commentary about the main Pre-Budget Report changes to income tax, National Insurance, pensions, banker’s bonuses and inheritance tax, as well as implications for businesses.
The Retail Prices Index (RPI) and Consumer Price Index (CPI) are both conventional measures of price inflation. Alternative measures of inflation are also useful. New research from Halifax shows average pocket money is up 11p or 1.79% this year.
Follow our live coverage of the Pre-Budget Report from 12.30pm today (Wednesday) as we comment on financial planning developments using Twitter.
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