How Britain’s Pension Attitudes and Awareness Has Shifted

personal pension fund

According to the Q2 2017 edition of True Potential Investor’s Tackling The Savings Gap Consumer Savings and Debt Data report, 598,000 employers were enrolled into a workplace pension scheme. In total, they contributed £87.1 billion collectively over the 12-month period.

The success of these auto-enrolment schemes along with the continued popularity of personal pensions and increased media coverage have left Brits fully aware of how important their pensions are.

The Q3 2017 edition of The Tackling The Savings Gap Consumer Savings and Debt Data report suggests that the amount we’re contributing to our pension pots is being hampered by our other financial commitments. During the quarter, 45% of survey respondents failed to make a pension contribution; this was most common in 45 to 54-year-olds (47%). 18 to 24-year-olds had the second largest proportion of people who failed to contribute (44%).

This, alongside with the report’s other findings, makes for interesting … Read More

Tricks to Lower Your Young Driver Insurance Bill

driver insurance

Insurance is essential when you’re a vehicle owner, but one time when having insurance can seem more like a hassle than a comfort is when it comes to young driver insurance. Insurance companies know that young drivers tend to be more likely to get into accidents than older, more experienced drivers. That’s one big reason why the insurance for young drivers is so much higher than it is for adults. In fact, it’s not uncommon for the young driver insurance payment to be more expensive than the car is even worth! But, legally, you’re required to have insurance no matter what age you are. Thankfully, there are a few ways that you can lower the insurance premiums.

The Black Box

The “black box” has been around for a while. This system uses a data recorder box that is fitted into the vehicle that the young driver primarily drives. The … Read More

Understanding the commodity market structure

commodity market

There are many people who are trading in forex but not all they are trading with the currency pairs. As we all know this is the best investment market of the world, it is only natural for this market to bring as much diversities as possible. Commodity trading in forex is becoming popular and more people are investing their money. The commodities are oil and gold and you may have the chance to trade with bitcoins in the future. This article will tell you some ideas about commodity trading. People are always searching for new ways to increase their money and this commodity trading seems to be a nice way of doing that. You should know the risks of commodity trading in forex and why many professional traders do not trade with oil and gold. You may be a very good trader but you also have your weaknesses. These commodities … Read More

5 Things You Should Consider Before Taking Out A Business Loan

Small businesses are the backbone of this country. They make up more business volume in most nations across the world. However, starting your own small business can be a huge undertaking and a big financial risk. For any entrepreneur who dreams of opening their own small business, there are many factors to take into consideration before getting or applying for any business loans. There are many reasons why someone would need to take out a business loan including to hire workers, buy inventory or rent a physical establishment. No matter what the reasons are for the loan, below are some of the hurdles and considerations a small business owner should take into account beforehand.

Determine Need For Loan

Needing some capital for your business without knowing exactly what you need it for is not a good start to a successful future in your business. Taking a step in the … Read More

The Rise and Fall of Money

My introduction to the stock market was via the back door really. There I was with a few thousand sitting in the bank and not earning anything at all when a small article caught my eye. It talked about the stock market as a way to invest and make some cash which was enough to get my interest.

The long and short of it is that I started looking back through some old newspapers, to see what the local stocks had been doing, and I noticed that several had been steadily gaining over the past year. So, with check in hand, I ventured into the nearest brokers and asked for some advice.

Having already chosen three or four companies that interested me I put down the check and made my order. To my surprise, that was about as much as I had to do. I got my receipt and went … Read More