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When should you keep faith with an underperforming active fund?

Category: Funds & Investments & Uncategorized

Investors who entrust their savings to active fund managers do so in the hope they will achieve market-beating performance. When the fund starts to dip, it is possible that some investors may forget that short-term bouts of underperformance must be endured along the road to potentially superior long-term results. Ultimately, whether to stick with an underperforming fund is the investor’s decision to make… and a very difficult one at that!

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State Pension changes in 2016 – can I top up my pension?

Category: pensions & state pensions & Uncategorized

A new initiative allows people who reach the state pension age before April 2016, to top up their pension. This includes those that are already drawing the state pension. The Government is allowing retirees to buy extra state pension by paying so-called Class 3A voluntary National Insurance contributions between October 2015 and April 2017. This will help people reaching state pension age before April 2016 who will not receive the new flat-rate state pension.

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Keeping your money safe by avoiding identity theft

Category: Lifestyle & Security & Uncategorized

Experian’s expertise and insight on data security, in a report published recently, has highlighted a gender imbalance. Men are now victims in two out of three ID thefts (63%) across all financial product applications. The report tells us that criminals making bogus current account applications have been targeting men aged between 50 and 59 (up 3.4%), most during the first six months of 2015. This age group now accounts for nearly one in five (17.6%) current account ID thefts attempted against men.

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Money trumps health as top retirement concern

Category: Health & Lifestyle & savings & Uncategorized

Concerns over money dominate the thinking of pre-retirees, according to new research from Retirement Advantage. Conducted by YouGov, the study finds almost half (49%) of over 50s are worried about not having enough money in retirement to do the things they want to do, compared to just over a third (37%) who are concerned about health problems.

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