FINANCIAL NEWS

Understanding the gender pension gap

Why do women often find themselves disadvantaged in retirement?

Significant disparities continue to remain when it comes to retirement savings, with the gender pension gap standing out prominently. Even though the gap manifests across various demographics, including age, job types, and income levels, however, it is women who bear the brunt of these inequalities, often finding themselves at a financial disadvantage in retirement. This disparity is primarily due to lifelong differences in savings and the contributions made to pension plans.
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Landscape of workplace pensions

Six in ten employees feel they are not saving enough for retirement

A concerning trend among UK workers in workplace pensions and long-term saving has been highlighted in recent research. Six in ten employees feel they are not saving enough for retirement, with a third experiencing anxiety when assessing the amount they have saved, the data shows[1].
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The role of trusts

Providing timely financial support to your loved ones when they need it most

Ensuring the financial security of loved ones is a paramount concern in financial planning. Your life insurance policy is a significant asset, and by putting it in an appropriate Trust, you can manage how your beneficiaries receive their inheritance. This approach offers numerous advantages beyond the basic provisions of a standard life insurance policy, enhancing the efficiency and security of the payout for your beneficiaries.
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Enhancing your financial plans as you approach 50

Steps you take now to influence your retirement and overall financial security significantly

As you get closer to your 50th birthday, it’s natural to feel anticipation and concern about your financial future. While financial planning might not seem urgent, the steps you take now can significantly influence your retirement quality of life and overall financial security.
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Building a diversified investment portfolio

Why it’s imperative to consider your objectives and attitude towards investment risk

Constructing a diversified investment portfolio is crucial for safeguarding your wealth against market fluctuations. Diversification involves spreading your investments across various asset classes, sectors, regions, and countries. However, tailoring your portfolio to your unique circumstances—such as your financial goals and investment timeline—is equally important. Before assembling your portfolio, it’s imperative to consider your objectives and attitude towards investment risk.
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Navigating life events and inheritance

Research highlights a profound impact on financial security and life choices

In the current economic climate, the prospect of receiving an inheritance plays a crucial role in shaping major life decisions for many UK adults. More than one in five (22%) UK adults[1] who have received or expect to receive an inheritance[2] are delaying or planning to delay a major life event until they receive an inheritance.
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Steering you towards your financial objectives

A well-drawn roadmap to act as your guide

Embarking on the journey of building wealth requires a well-drawn roadmap to act as your guide. By thoroughly understanding your current financial position and visualising your future aspirations, you can devise a sound strategy to steer you towards your financial objectives. This roadmap outlines where you are and defines the path to where you wish to be.
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Making your money work for you

Precisely understanding what you wish to accomplish financially is key

In today’s financial landscape, saving and investing are not merely about accumulating wealth. They are about empowering your money to achieve your aspirations. The foundation of successful investing begins with defining clear financial goals. Before embarking on your investment journey, you must precisely understand what you wish to accomplish financially. A goals-based saving and investment strategy will help you remain focused and disciplined, even during market fluctuations.
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Cash flow modelling

Constructing a detailed representation of your income and expenditure

For many, investing can resemble venturing into uncharted territory, particularly for those new to personal finance. The cornerstone of successful investing lies in comprehending your investment objectives, whether aiming for long-term growth or seeking immediate returns. A critical instrument in managing your finances and achieving these objectives is cash flow modelling, which can transform uncertainty into clarity.
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Build and grow your wealth over time

Understanding your investment objectives, risk tolerance, and timelines is crucial

Investing is a lifelong journey that promises a more secure financial future. The earlier you begin this journey, the greater the potential to build and grow your wealth over time. Whether you are a seasoned investor or just starting, understanding your investment objectives, risk tolerance, and timelines is crucial. These elements are pivotal in shaping your investment strategy, determining how much risk you can bear, and aligning your investments with your long-term goals.
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Contact us

D O'Kane Financial Services Ltd
137 High Street
Gorleston, Great Yarmouth
Norfolk NR31 6QX

t: 01493 604646
e: info@dokanefinancialservices.co.uk

Regulatory information

D O'Kane Financial Services Limited is authorised and regulated by the Financial Conduct Authority. FCA financial services reg no. 623871.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on their website at www.financial-ombudsman.org.uk.

Registered Office Address: 137 High Street, Gorleston, Great Yarmouth, Norfolk NR31 6QX. Company Registration Number: 08932631.