Category: serenity news
A recent report from Reuters suggests that long after the Euro debt crisis is over, Europe will be grappling with an even more serious problem – how to pay for growing numbers of old people.
The population of some countries is stagnant or already shrinking and that could reduce potential savings and economic growth.
In 2011, the value of assets held in UK funded pensions was £2,040.7 billion, which was equivalent to 135% of Gross Domestic Product (GDP) for the UK. Self-administered pension funds, most of which are associated with defined benefit occupational pension schemes, accounted for 71% of the total.
Tina Weeks, financial life planner for Serenity Financial Planning, spends her week rushing between Oxford, Tower Hill, Curzon Street, Moorgate and Pall Mall - all the while juggling clients, children and the latest 'apps'.