Archives for August 2019

It’s a common misconception that pensions only concern elderly people or those over a certain age. At first glance, it might appear that few young people are concerned with their pensions – after all, it’s years before they’ll even get to see it. However, more and more young Brits in their 20s, 30s and 40s are being mis-sold pension investments.

The government took action on mis-sold pensions in January 2019 by banning cold calls. However, many young people who fell victim to cold calls in years gone by are still unaware they were mis-sold their pension investments

According to the Financial Services Compensation Scheme (FSCS), mis-sold pensions led to compensation payouts in excess of £40m in 2018. With this in mind, we decided to take a deeper look at why and how exactly young people in the UK are being mis-sold their pension investments.

Running your own business is much more than just producing goods or offering a service. There are several elements and moving parts that need to be considered. These involve tasks such as managing staff, administration, business processes, making orders, understanding your accounts and paying taxes.

And at the same time, you need to continue to increase sales and improve profits. Factoring in all the ways to grow your business can be overwhelming. There are so many possibilities to explore. How do we group all these possibilities so that it’s easier to decide which approach or strategy we should assume?