Fear, worry, and stress are normal responses to perceived or real threats, and at times when we are faced with uncertainty or the unknown. So it is normal and understandable that people are experiencing fear in the context of the COVID-19 pandemic.
Continue reading “The importance of financial protection”
The COVID-19 pandemic has affected every part of our lives and continues to have a widespread impact across all aspects of financial life. This includes retirement plans. Life in lockdown prompted many people to adjust their priorities, for example, move nearer to family, take staggered retirement or retire earlier.
Continue reading “Across the generations”
For some people in the future using their home to fund their retirement is likely to become more commonplace, whether that’s by downsizing to free up funds or releasing money tied up in their home through products like lifetime mortgages.
Continue reading “Could equity release fund your future?”
The economic fallout from the coronavirus pandemic has made Britain’s workforce smaller, with a sharp rise in early retirement among older workers
Continue reading “Missing midlife workers”
People planning for retirement should think hard about what they want to do when they eventually stop work. It is helpful to have a good idea of the lifestyle you want, how much it will cost and how you are going to pay for it.
Continue reading “What’s your magic number?”
Our changing climate is making it harder to live in many parts of the world, often affecting some of the most disadvantaged communities. People are starting to realise that change is imminent and necessary.
Continue reading “Live sustainably: how to be a conscious consumer”
An emergency fund is money you put aside to cover a financial shock. This could be losing your job, or a large, unexpected expense. Building an emergency fund can help prevent you needing to borrow money or make difficult financial decisions in those moments, by giving you savings to fall back on.
Continue reading “Saving for a rainy day”
How much do you think you’ll need to fund your retirement? Of course, the answer to that question will depend on what you want to do when you stop work. Worriedly almost half of non-retirees (46%) are unable to identify how much annually they believe retirees receive from their state pension according to a survey[1].
Continue reading “How much income will you receive from your state pension?”
The government has set out its vision for the future of adult social care. New plans were announced on 7 September 2021, for adult social care reform in England. This included a lifetime cap on the amount anyone in England will need to spend on their personal care, alongside a more generous means-test for local authority financial support.
Continue reading “Adult social care charging reform”
No matter where you are in life, you probably have financial goals you want to achieve. Planning your investment goals is essential if you’re going to have a real chance of achieving them.
Continue reading “The importance of setting clear investment goals”
Red Dot (Cymru) Ltd is registered in England and Wales number: 04254949.
Authorised and regulated by the Financial Conduct Authority.
FCA Financial Services Register number: 302540.
Registered Office Address: 73 Rhosmaen Street, Llandeilo, Carmarthenshire SA19 6LW.
If you wish to register a complaint, please write to Red Dot (Cymru) Ltd, 73 Rhosmaen Street, Llandeilo, Carmarthenshire SA19 6LW,
Telephone 01558 825950
or e-mail info@reddotgroup.co.uk.
A summary of our internal complaints handling procedures for the handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4567. The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.
Privacy Policy | Terms of Use | Cookie Policy
© 2020 Red Dot (Cymru) Ltd.