Ray Prince's Articles in Personal Finance - ABC Article Directory | Submit Articles | Article Search Engine

Ray Prince's Articles in Personal Finance

Show All\|Display Category\|Title\|Newest\|Oldest
Financial Planning - The 10 Key Questions to Ask Yourself No matter what stage of career you've reached, or even if you've retired, there's a number of key questions that you should be able to answer to give yourself the confidence that you've addressed all the important areas of your financial planning. So, today, I'm going to run through the key areas that we run through with each client to take a 'barometer' of their financial planning health. Let's get started. Getting Financial Advice - Your Options Explained This week's article is a biggie, but I guarantee it'll be worth a few minutes of your time. If you're looking for help with your financial planning decisions, there are a number of resources you can turn to. Lower Interest Rates - What Do They Mean to You? The fact that the Bank of England (BOE) has slashed interest rates by 1.5% to 3%, I think shows how worried they are about the British economy. In a Bloomberg survey of 60 economists, nobody had predicted such a large cut in one go. You would be forgiven for wondering what the reasoning behind this decision is when inflation has reached over 5%, and the BoE are supposed to target 2%. Retirement Planning - Should You Take Your Pension at 60? This week we are discussing a scenario where an individual is about to reach 60 and are wondering whether they have to take their pensions at 60, or if they can delay this decision. And indeed, what are their overall options? Some years ago, many in the pensions world advised investors not to touch their pension until it was absolutely necessary. Saving Money From Income - Are You a Saver Or Spender? It certainly looks all doom and gloom at the moment doesn't it? Open any newspaper or tune into the news on TV and if you are anything like me, you get punch drunk with all the articles on how bad the stock market or property market is etc etc. It may seem perverse then to write an article on savings! Personal Pension Plans - Does The 'Best' One Exist? Like many of our clients, we are constantly updating our Continuous Professional Development (CPD). One of the many pieces of reading material we were looking through had the title of 'Advisers Have Vital Role As Persuaders'. This was based on the results of a survey which asked both individual investors and advisers 5 questions about retirement planning success.