The amount of money owed by those planning to retire over the course of the next 12 months has fallen for the fourth year in row, according to the latest research by Prudential. This year’s retirees who still have debts owe an average of £18,800, a fall of £3,000 or 14% from last year and a drop of nearly £20,000 since 2012 when the average amount owed was £38,200. However, despite the continued fall in average debts, Prudential’s unique research into the financial plans and aspirations of people planning to retire in the year ahead – the Class of 2016 – shows that the proportion of retirees in debt remains stubbornly high. Read more …
If you’re a business owner with a bit more time than usual over the Christmas period, why not try one of these great titles?
Or if people struggle to know what to buy you as ‘the business owner who has everything’, why not drop a few hints – there’s still time!
At this time of year bestseller lists abound so we thought we’d make our own list and share just a few of our favourite business titles; some published this year, some from a few years ago but all with some great insights into how you can perform better in the world of work.
The Big Day is fast approaching.
Have you done all your shopping or are you tearing your hair out for inspiration? Maybe there are people on your list that are just really difficult to buy for?
If you feel it’s a waste of money when you grab yet another bumper pack of socks, or a book you know they’ll never read or a DVD they’ll never watch, then don’t despair – we’ve come up with some really alternative experiences, which will hopefully fit the bill.
We wanted to take a pause this month from our normal coverage of financial news and personal finance stories to give you an update from ourselves at Brunel. With 2016 fast approaching, we are beginning to look to the year ahead and to our plans for the firm, to continue to improve our services for you, our clients.
Many of you may be familiar with our Company Values document, which is always available on our website and continues to govern every decision we take, as well as the overall direction of the firm.
Here at Brunel Headquarters we’ve been busy expanding our team to enable us to provide excellent support to our clients. Here’s a little introduction and we hope you’ll join us in welcoming them to Brunel Capital Partners!
Now that we are in the meteorological winter, which weather forecasters claim runs from the 1st December to the end of February and Advent, what is important for investors is whether we will enjoy a “Santa’s rally” this year. Past experience suggests December is more likely than not to deliver a positive result for investors, though why this should be the case is far from clear.
As you can imagine, we’re asked a lot of questions by clients. We are, of course, here to answer them, but it pays to be prepared! Here then are the two questions we’re asked most often, so that, if you haven’t answered them already, you can start to think about how the answer might work for you.
When can I stop work?
Deciding on a retirement date can, initially, be mainly an emotional choice. You might just feel ready to stop working, or always have had an age in mind where you no longer wanted to have to go into the office every day.
In our blog post last month, we talked about the need to look ‘beyond the numbers’, to look at what mattered to you and how financial planning is a different activity than merely organising your finances in the most appropriate and tax efficient way.
This month, we wanted to take those ideas forward a few steps and explore them a little further.
Take money as a starting point. Money is normally accepted as the driver of all things. Indeed, we are ‘financial’ planners and we help our clients with money matters.
I am old enough to remember the first crop of state sell-offs under the Thatcher government in the early 1980s. Actually, I am sufficiently old to remember the de-nationalisation of the steel
industry, but that’s another story. Now, under the first proper Conservative administration for eighteen years, it seems we are returning to the age of “tell Sid”, for those who remember the campaign to encourage us to buy shares in British Gas. Lloyds Bank shares are to be made available to private investors, with smaller potential buyers being prioritised. Popular capitalism may be on its way back.
For current clients and partners of Brunel, you’re likely to already be well aware that financial planning is not all about the numbers. For anyone new to ourselves and financial planning, however, it’s always worthwhile to revisit just what we do and how it differs from merely being ‘money organisation’.
Financial planning is designed to go ‘beyond the numbers’ to discover what it really is that you want the numbers (and, of course, money) to do for you. The important thing for us (and you) is to know where you want your money to take you.
Read more …