Our latest version of the TIPS magazine is now out and available to download on our website. The September/October issue covers the latest financial news and topics designed to keep you up to date and help you plan any changes in your life and financial circumstances.

For most people over the age of 55, it is now possible to cash in or unlock all of your pension. How you take these benefits will depend on the type of scheme you have and how you want to take benefits. On page 06, we consider the concerns that have been raised that some savers may risk running out of cash if they siphon too much out of their pension pots.

For those looking to make the world a better place, but not wanting to sacrifice returns or profits, impact investing aims to support a positive social or environmental impact, as well as looking to achieve compelling financial returns at the heart of sustainable investing (see page 11 for full article).

Exactly how much you’ll need for a comfortable retirement will depend largely on your cost of living and lifestyle choices. For many people, retirement is about sun-soaked holidays, leisurely rounds of golf and that boat they’ve always coveted. On page 04, we look at why you need to reassess your own situation.

Also inside this issue, on page 12, the number of taxpaying pensioners has nearly doubled over the last two decades. With talk of also requiring pensioners to pay National Insurance on any earnings or even on pensions, the older population may start thinking of themselves as ‘Generation still taxed’.

To see all of the articles you can download TIPS here. Alternatively, each article will be posted on our website over the coming weeks, so be sure to keep checking back.

We understand that professional advice on financial matters is invaluable to creating a durable wealth management plan for the future. To discuss or review any area of your financial plans, please contact us.