View from the Tower – Lucie Ellrich

As part of a regular feature in our monthly newsletters we will be taking a sneaky look into the lives of the people that make Brunel Capital Partners tick. This month, we get to know Lucie…

1. What first attracted you to Brunel Capital Partners?
The opportunity to work within a company that puts the needs of their clients at the forefront of their advice process.
Read more …

Budget 2015 Overview

Budget Summary 2015: The Election Budget

Introduction and Political Background

As the Chancellor stood up to speak on Wednesday March 18th there were less than 50 days to go until the General Election on May 7th. The opinion polls – and the bookmakers – still had the Conservatives marginally ahead, with David Cameron expected to remain in 10 Downing Street after the Election. But no one expected the Conservative party to have a clear majority and, as many commentators remarked, the ‘campaign’ so far had done nothing to capture the public imagination. Read more …

Ten questions to ask yourself about the new pension freedoms

1 – How long will my money have to last? We now tend to live longer. An average 65 year old in good health is expected to live for another 24 years and one in four people could now live to see their 95th birthday. Our retirement savings are going to have to last us for a long time – perhaps 30 years or more. Leaving them where they are for longer could make a big difference to our lifestyle in old age. Read more …

2015 Budget Preview

It’s only two months ago – on December 3rd – that Chancellor of the Exchequer George Osborne delivered his Autumn Statement. But we’re now just a few weeks away from his last Budget before the General Election, which will be held on May 7th. Read more …

Action needed! Pensions become flexible in 2015.

For those of you who downloaded our Budget commentary back in March of last year, you will no doubt already be familiar with the fact that 2015 is the year of greatly increased pensions flexibility. Through proper planning there have always been options for how you can take your pension income but, starting on April 6th 2015, those options will increase for most people. Read more …

Looking back on 2014

It’s that time of year again when we begin to say ‘goodbye’ to 2014 and ‘hello’ to the New Year. It’s a time for reflection and a time to say thank you.

We want to start by thanking those of you who have helped shape our business over the last 12 months. 2014 has been a great year for Brunel and we look forward to 2015 being even better. Read more …

9 Financial blogs to further your knowledge of finance

If you are seeking to gain some further insight into world finance and the UK economy, or just want to delve deeper into factors that could affect your personal financial position, then it is likely that there is a financial blog out there for you. To help you to discover some of the best, we have compiled a list of the top ten most informative, accessible and original financial blogs into a single list for you to browse through below. Read more …

Money Lessons for Children

top-title

Money makes the world go round, so they say.

If it does, why are children not taught about money at school?

Over the past few months, there has been a lot of talk about financial education. This has largely centred around convincing people that they need to plan for their future or face a life of poverty in retirement.

Is it any wonder that many adults don’t know much about money when they have inherited the poor financial skills and practices of their parents? There is a danger that the “Buy now, pay later” mentality will become deeply ingrained in our society, just like other social issues.

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Ten tips for financial planning in later years

This is not about planning for your end. This is about planning for quality of life later on, free from the bother of worrying about things not done and confident that you have a plan and safety net, just in case you don’t remain on top of your game forever.

There’s no way of putting this comfortably but most of us become a little more tired later in life and reliant on others close to us and around us. To help get the plan in place early on, here is a simple financial planning checklist:

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Slaying The Dragon – Part Two

In part one, we highlighted that retirement is an income problem. In part two, we will discuss how this can be achieved.

For the purposes of this article, there are really only two kind of investments from which you can choose: fixed income investments, and rising-income investments. Without stating the obvious, the more fixed-income you hold in a world where costs keep rising, the greater your chances of running out of money. Whereas the more rising-income investments you hold, the greater your chance of keeping pace.

Fixed-income investments, such as money market funds, bonds, gilts and fixed annuities have always been thought of as being “safe”. Your view on this will depend on your view on the correct definition of risk.  Is it losing your money or running out of money? A rising income most reliably
comes from the constantly rising dividends of the great companies in the UK and the world. In other words, EQUITIES.

Since 1984 (almost 30 years – the average length of a couples retirement) the FTSE all share has risen from 1108 and currently stands at 5699, a rise of 514%. In that period, there have been single year declines of -10.5% (1985), -12.5% (1990), -11% (1994), -14.7% (2001), -23.4% (2002) and more recently -30.9% in 2008. (Source – FT)

When you finally accept and embrace the idea of defining true safety in terms of the preservation (and even accretion) of purchasing power in retirement, you see that equities are much safer than bonds. There has never been a 30 yearrolling period where equities have produced a negative return, even if you ignore dividends. That’s the real tragedy of today’s so called risk- averse retiree: not that he’s going to be killed fighting the wrong dragon, but that he is going to be killed fighting a dragon that doesn’t exist.

Brunel Capital Partners is a sister company of Pilgrim Financial Planning