Two different savings portfolios

This article was first published on 4th December 2020. Our friends and Booming Lives members, Si and Di (names altered for privacy reasons), asked for guidance on their savings portfolios this week. The discussion threw out some interesting differences. Di has a...

Who will care for me?

This article was first published on 6th November 2020. In 20 years time, I will be 85. According to Age UK, I am part of a section of the UK population that will double in size to 3.2 million people by 2040. While I am hoping that Sue and I are still living...

65? You’ll have to wait!

This article was first published on 9th October 2020. Congratulations if you celebrated your 65th birthday this week. Unfortunately, you’ll have to wait another year before you can claim your State Pension as Tuesday marked the day when the State Pension age for...

Sustainability, ESG and our Future World

This article was first published on 18th September 2020. Reports of melting glaciers the size of Great Britain, biodiversity losses, extreme weather, devastating bush fires, economic chaos and loss of life due to the pandemic has delivered the realisation that without...

How to rebuild trust

This article was first published on 7th August 2020. In 2016, I discovered an impressive article by PwC on how to rebuild trust when companies and governments lose it. David Cameron had just resigned having called the EU Referendum and not got the result he was...

“An initial communication problem”

This article was first published on 10th July 2020. Welcome! Welcome to our newly enrolled members from Sony Europe in the UK. Membership of Booming Lives is for people who want to take control of their futures. This might seem difficult at the moment – the...

In defence of modern pensions

This article was first published on 19th June 2020 The role of the Financial Conduct Authority (FCA) is to protect the hapless consumer from financial malpractice and to enforce high standards in those businesses that sell financial products to us. As generous final...

Positive Psychology

This article was first published on 22nd May 2020. I was going to write about ‘ageing’ this week. The way we celebrate birthdays with a cry of “we made it!” rather than the “where do we go from here?” of our youth. The way we dread getting older but get more content...

Dear Prime Minister

This article was first published on 24th April 2020. Dear Prime Minister In 2017, your father travelled to the Australian jungle and entertained both the nation and fellow contestants. He was 76 years old. I suspect he would have been indignant if you had told him not...

The Good, the Bad and the Ugly (2020)

This article was first published on 13th March 2020. I have to admit to feeling anxious this week, which is not like me. Events seem to be running out of control, facts are in short supply or seem to change on a daily basis and everyone else is panicking so perhaps I...

The simple truth about Pensions

This article was first published on 21st February 2020. The Government wants to encourage people to save for their pensions but has woken up to the cost of the incentives offered – £50 billion a year in tax relief. If you are a basic rate tax payer, for every £4...

Moving to “Core” investments

This article was first published on 17th January 2020. Before the new year I spent some time reviewing my Income Drawdown investment portfolio. As members learnt from Mark Fawcett at our Forum in March 2018, an annual review is good practice. As suggested by Mark, my...

I want my voice to be heard!

This article was first published on 6th Dec 2019 Mildred is fed up and feels her voice will not be heard under the current electoral system. Are you as confused as me about this election? I will vote as I have done in every General Election for one of the smaller...

New World of Responsible Investing

This article was first published on 29th Nov 2019 The following article is by Steve Tyson, a member of Booming Lives and currently investment adviser to several institutional investors. Steve was previously Chief Investment Officer to an asset manager in London. I...

OK Boomers – be a Trailblazer!

This article was first published on 22nd November 2019 I really think we should be part of the solution – not the ‘problem’! The Baby Boomer Generation (yes, you and me) are being blamed for all the problems facing the next generations: we have...

Carpe Diem

This article was first published on 15th Nov 2019 It is with sadness that we report the death of one of our founder members John Stevenson. At home with his wife Brenda, John suffered a massive heart attack with little warning. John was the loveliest of men. Old...

Passive Funds

This article was first published on 8th Nov 2019 Good and bad – decisions remain The Positives Passive funds give the investor a very diversified exposure to stock markets. They promise investment performance that will mimic a particular stock market index and...

Passive Funds – research

This article was first published on 1st Nov 2019 In the bulletin this week, we look at three fund managers who dominate the retail market for passive funds: Legal & General, Vanguard and Blackrock. Together they manage £1 in every £6 of money invested globally....

Passive Funds

This article was first published on 25th Oct 2019 In this bulletin last week, we suggested that the Woodford funds fiasco would accelerate the move by investors into ‘passive funds’. When their losses are realised, many investors will think twice before...