Good advice can be invaluable and when it comes to pensions, getting the right advice at the right stage in your life can make all the difference to the degree of comfort in which you spend your retirement. Fortunately the government has recognized this and since April this year it has been possible to withdraw […]
Pensions
Making A Retirement For Those Who Make A Home
Children are expensive and as soon as you know you’re having one, planning for their arrival and taking care of them once they’ve arrived can take precedence over every other priority. You’ll always be a parent, but you’ll always be a person too and while your children may seem like they’re growing up so quickly […]
Preparing your Pension
As the old saying goes “money doesn’t grow on trees” and sadly pension pots aren’t found at the ends of rainbows either. Building a meaningful pension pot takes time and, frankly, some degree of effort and sacrifice. Essentially, you’re giving up part of your income today, in order to provide an income for yourself at […]
Passing On Your Pension
What kind of pension or pensions you have will determine what can happen to any remaining funds after your death. Here is a quick look at different types of pensions and what the options are for inheritance planning. The State Pension At current time, if you are married or in a civil partnership, widow(er)/surviving partner […]
Auto Enrolment “We’re All In”
If nothing else, the slew of TV adverts which accompanied the introduction of auto enrolment will hopefully have raised awareness of the importance of making preparations for old age and of the fact that it’s never too early to start thinking about your future. Even though auto enrolment is now in full swing, its potential […]
Will pension freedom leave you unable to manage your money?
Whatever criticisms can reasonably be made about annuities, they do have one great benefit. They are simple. You make a one-time purchase in return for which you get an income for life. Unfortunately that income may not be anything close to what you hoped it would be. In recognition of this, the government brought in […]