General figures about the cost of retirement income can have their uses, but the fact of the matter is that, like many aspects of life, the cost of retirement will depend greatly on your own personal circumstances, needs and wants. Therefore, instead of looking at “average costs”, we’d like to suggests some points you should […]
Pensions
The retirement income conundrum
Assets are nice to have but it’s income which pays the bills, literally. This reality may pose something of a conundrum for modern retirees who could find themselves in a situation where they have a high net worth on paper, but poor cash flow, with the result that although they are technically well-off, in actual […]
The pay gap continues in retirement
The UK media recently had something of a reporting frenzy when companies with more than 250 employees were forced to reveal their pay data split by gender. Many well-known names revealed that men were paid more than women, in some cases to a significant degree. Understanding the facts behind the numbers As is often the […]
Evaluating auto enrolment contributions
Appreciating the importance of saving for our later years is absolutely nothing new. A quick look at the literature of centuries gone by easily shows how long people have valued what we would now call retirement savings. What has changed, drastically, is how long we are likely to have to live off those retirement savings. […]
The latest on auto enrolment
The Pensions Act 2008 laid the grounds for what we now know as auto enrolment and by this point in time it is essentially a fact of life for employers and employees. As of the start of this tax year, however, the contributions framework has changed slightly and will change again as of April 2019. […]
Ensuring a comfortable retirement for yourself
Some quiz shows allow contestants to “stop the clock” but in real life, time marches onwards relentlessly and therefore preparing for our later years should be high on the average person’s agenda. Even if, at the present time, you do not envisage yourself having a traditional retirement, you might find it useful to consider the […]