Personal Investing Team
Research & Insights
Saving for retirement isn’t a nice to have. It’s a need to have. Paying into a pension should be a vital part of our day-to-day working lives. We’re living longer, which means our money needs to last longer, and saving in the here and now is vital for a financial provision that lasts well into later life.
Put simply, investing is another form of saving. But instead of leaving your cash in a deposit account, where your money grows at the interest rate set by the account provider, you can invest your money with the aim of producing greater returns. Investing carries risks – your money isn’t as secure as cash savings and the value of your investments can fall as well as rise – but it has other potential benefits too.
The arrival of one’s first grandchild is a truly special occasion. But sometimes alongside the joy of welcoming a new family member into the world come parental financial worries over how to meet the day-to-day costs of raising a newborn child. And as if that’s not enough, our Bank of Mum and Dad research shows that many parents will also want to find ways to help their children get on the property ladder.