We seldom ponder our own mortality. ‘Life is for living’ and considering our own demise goes somewhat against human nature. That is presumably a reason why more than half of the adults in the UK do not have a Will in place. Now take a moment to reflect on what would happen if tomorrow morning…
At Clear Financial Advice, we know that life is full of uncertainty and, no matter how well you plan, there is always the chance that things won’t work out as you hoped. In everyday life you adapt to deal with the unexpected and move on, but what if circumstances mean that your plans for retirement…
At Clear Financial Advice, we frequently speak with new clients who own their own business, and it’s not uncommon for them to tell us that “my business is my pension”. Having spent years nurturing their business, working long hours, making sacrifices and shouldering the responsibility and uncertainty which running a business can bring, it’s a…
Millennials or “Generation Y” represent an increasing share of the workforce, expecting to exceed a third by 2020¹ This younger demographic (typically defined as anyone born between 1980-2000) requires targeted employee benefits. Most Millennials know they are likely to work longer than the generations before them (Generation X and Baby Boomers) with different motivations. So…
Recent changes announced by the government to the state pension will result in nearly six million people currently in their forties having to wait longer until they can retire. This is a development which has raised concerns over the dependability of the state pension. For many, the State Pension makes up the lion’s share of…
Two of the biggest concerns faced by workers when they reach their 50s and 60s are those of achieving job satisfaction and a work/life balance. Recent studies have offered fresh insight into the reasons behind these issues and the best ways to tackle them. One study conducted by economists at the University of Southern California…
Statutory Sick Pay in the UK is £88.45 per week. But how far does that really stretch – especially with a 15-year-old son to feed? Amanda Curwood, Head of Tactical Projects at LifeSearch, set herself the challenge of staying within the weekly budget. Monday 9:30am My first task is to pay the bills and…
Mental Health is a growing concern in today’s workplace – gaining regular coverage in the news and media. The CentreForum Mental Health Commission, recently stated that “all organisations with more than 500 employees should work to become mental health friendly employers.” As much as £15 billion is lost each year in the UK. This is…
A recent study has revealed that people who seek financial advice from an independent financial adviser (IFA) are on average £40,000 better off than those who don’t. The Research The research has come from leading think-tank the International Longevity Centre. They stated that both the ‘affluent’ group – wealthier people more likely to own their…
Ensuring your employees are engaged is vitally important for the success of any business. But how can companies keep their workforce energised and involved? Could an employee benefits package help here? According to the Chartered Institute of Personnel and Development (CIPD), an employer needs to consider three factors: • Intellectual engagement • Affective engagement •…
