Insights

Looking at the current economic climate, it’s easy to feel disheartened. With wage stagnation, high levels of inflation leading to higher costs of living and volatile markets, these factors add to the challenge of trying to maximise your wealth.

On average, UK prices rose by 9%

Are you a lockdown investor? 

Thanks to trends on social media, online forums and even the mainstream media, the pandemic brought with it a large increase in the number of young ‘lockdown investors’.

A good pension pot will look after you throughout your retirement. But what is a good pension pot – how much money will you need to rely on once you’ve retired, and how do you know how much to put in? More to the point, what is the average UK pension pot? 

Historically, when you think of ‘savings’ you automatically think of cash. Cash has always been seen as a safe bet, which would be true if interest rates were in line with inflation. However, that is not the case in recent years.