Read the latest news and articles from the Gem & Co team
How often do you discuss your finances? In the UK, talking about money and our long-term financial plans are often still seen as a taboo subject. Breaking down this barrier could help you and those who are important to you make better money decisions. Talk Money Week will take place between 8–12 November and aims
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Research suggests that millions of workers are being too cautious with their pensions. Taking too little investment risk with retirement savings could mean your pension is much lower than it could have been. It could affect your retirement lifestyle. Pensions and investment risk If you pay into a defined contribution (DC) pension, your money will
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Buying your first home can seem complicated. There’s a lot to think about and it’s a huge milestone. If you’re perplexed by the jargon or aren’t sure where to start, this guide will take you through the process and offer tips to help you become a homeowner. The guide covers: How much deposit you need
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While economies continue to recover from the effects of the pandemic, there are signs that the pace of growth is beginning to slow. According to the Organisation for Economic Co-operation and Development (OECD), the recovery of the world’s major economies is losing momentum. The organisation said consumers remain reluctant to eat out, visit attractions, and
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In the space of just 12 years, the global economy experienced two events that are considered “once in a lifetime” occurrences. As well as having an impact on economies, the 2008 financial crisis and 2020 Covid-19 pandemic are likely to have affected your finances too. Many people will remember the impact of the 2008 financial
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Over your child’s life, you may have built up a nest egg to give them a helping hand as they become independent. If they’re planning to go to university, you may be thinking about using these savings so they don’t need to take out a student loan, but is that the best use of the
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Financial advice is a complex topic and often requires a professional planner to get it right. The very idea of seeking it can seem daunting, with many people unsure of where to start or who to go to. A recent trend has seen an increase in the viewership and production of content on social media
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Are you thinking about relocating when you retire? If you are, you’re not alone. Millions of over-50s are planning to move away from their current home as a direct result of the pandemic. It can be an exciting way to kickstart retirement, yet there are things you need to think carefully about first. According to
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The age you can access defined contribution (DC) pensions is rising. Research suggests that many people are unaware of this, but it could affect your retirement plans. At the moment, you can access money saved into a DC pension scheme from the age of 55. However, from 2028, this will rise to 57. If you’d
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This week, the government has made two major policy announcements that are likely to directly affect your finances. A much-anticipated National Insurance rise will result in an increased burden on workers including, for the first time, those above State Pension Age. In addition, the government has suspended the State Pension triple lock, meaning that pensioners
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