A 19-Year Shortfall Recent data from the Pensions Policy Institute reveals a sobering truth: UK women need to work an extra 19 years on average to retire with the same pension savings as men. This disparity, often referred to as the gender pension gap, is even more severe than the gender pay gap and its impact lasts far beyond a working…
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The importance of remaining calm is often something that’s talked about when discussing investment market volatility. But there are other factors outside of your control that might lead to emotional decision-making, including uncertainty about the upcoming Autumn Budget. Chancellor Rachel Reeves is expected to deliver an Autumn Budget at the end of October. Despite being weeks away, there’s already speculation…
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It’s been a decade since Pension Freedoms legislation gave retirees more choice. Yet rather than relishing the freedom the changes have provided, research suggests workers are approaching retirement unsure about the decisions they need to make. Data published by PensionsAge in June 2025 suggests that only 47% of UK savers are aware of their options in retirement.
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While many people don’t rely on care later in life, planning for the potential cost of it could help you feel confident about the future and mean you have more options should you need support. According to a December 2021 report from The Health Foundation, people are increasingly living healthier and more independent lives in their…
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After many years without hosting work experience students, Herbert Scott was delighted to welcome two more enthusiastic individuals into the firm this summer. It’s been a rewarding opportunity to support young people in developing life skills and exploring potential career paths in financial services. The students, Joe and Leily, shared reflections on their time with us. Joe, currently studying Business…
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This summer, the Herbert Scott team swapped spreadsheets for paintbrushes and headed to Pinot & Picasso for a creative morning of art and laughter. We met bright and early at 9am, ready to channel our inner artists with a guided session painting the stunning Sunset in Santorini. Some of us followed the instructor’s lead step-by-step, while others boldly painted ahead—embracing…
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This guest blog was written by Chris Budd, who wrote the original Financial Wellbeing Book as well as The Four Cornerstones of Financial Wellbeing. He founded the Institute for Financial Wellbeing and has written more than 100 episodes of the Financial Wellbeing Podcast. There is an old joke that sheds light on the role that money plays in our lives.
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In late June, Team Herbert Scott headed to Grange Gardens for the annual Lewes Rotary Skittles Night—and what a fantastic evening it was! Representing us were Stacey, Kevin, Jim, Ben, and Hannah, with Hannah’s two daughters enthusiastically sharing the sixth spot on the team. We’ve been proud participants in this event for many years, and it’s always a highlight in…
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This guest blog was written by Chris Budd, who wrote the original Financial Wellbeing Book as well as The Four Cornerstones of Financial Wellbeing. He founded the Institute for Financial Wellbeing and has written more than 100 episodes of the Financial Wellbeing Podcast. Life can be complicated, can’t…
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Facing challenges later in life that might mean you need to rely on care can be difficult to think about. Yet, planning for care may be an important part of your overall financial plan and provide security should you need support in the future. Read on to find out how care services could affect your finances. …
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