There has been a lot of comment recently about pay rises for public sector workers, and how they are the biggest wage rises they have had for years. I think that these rises need to be put into context. And they need to be measured against the way that prices in general have risen during the period that public sector…
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How long could you survive if you stopped earning money tomorrow? It’s a question that most financial advisers ask their clients pretty early in their relationship and the answers are often surprising. Most advisers reckon that people should have an emergency fund that equates to three months’ income, although some would increase this to six months. It’s important to have…
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I saw this advert for the first time last week. I’ve helped several Moneysucks readers who have unwittingly spent hundreds of pounds on this type of ‘free game’ but its the first time I’ve seen the advert for myself. And having seen it I understand how easy it is to get sucked in. The voiceover for almost the entire time…
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Financial service regulators are becoming concerned about the risks consumers are taking with their pensions. Pension freedoms that were introduced a few years ago have led to a huge increase in the number of people transferring out of guaranteed pensions into riskier personal pensions. The regulator has again expressed renewed concern about these transfers. They are worried that members of…
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