Categories
Financial Planning

Combining multiple pension pots into one single pot

Simplify your finances and make it easier to keep track of your retirement savings

If you have ever changed jobs, moved homes or had a company you worked for change ownership or close down, then you know how easy it is to lose touch with your pension savings provider. This can happen for a variety of reasons, but it often means that your savings are no longer as secure as they could be.

Categories
Financial Planning

‘Home is my Pension’ generation

Providing an income for your loved ones to enjoy, long after you are gone

If you’ve spent a lifetime saving for retirement, you’d probably like any remaining money to go to a loved one after your death. But whether pension benefits are payable to a beneficiary, and how they’ll receive them, is dependent on the type of pension you’ve chosen and how you’ve accessed it in your retirement.
Categories
Financial Planning

Developing a robust retirement plan

How much it will cost and how you are going to pay for it?

People planning for retirement should think hard about what they want to do when they eventually stop work. It is helpful to have a good idea of the lifestyle you want, how much it will cost and how you are going to pay for it.

Categories
Financial Planning

Beat the pension scammers

Once the money is gone, it’s almost impossible to get it back

Your pension is one of your most valuable assets, and for many it offers financial security throughout retirement and the rest of their lives. But, like anything valuable, your pension can become the target for illegal activities, scams or inappropriate and high-risk investments

Categories
Financial Planning

Is retirement the right choice for you?

General guidelines that can help you determine whether you’re ready to retire

One of the most difficult decisions you’ll ever have to make is when to retire. It’s a personal choice that depends on many factors, both financial and non-financial. There’s no single right answer, but there are some key things to consider that can help you decide if retirement is the right choice for you.

Categories
Financial Planning

Pension saving revolution

Auto-enrolment: celebrating a decade that has encouraged a culture of saving 

Since it was introduced ten years ago, auto-enrolment has revolutionised pension saving for millions of people in the UK, encouraging a culture of saving for the long term. It’s been a positive initiative and, crucially, individuals now have to take more responsibility for their retirement savings.
Categories
Financial Planning

Working 9 to 5

More over 65s are still working than six years ago

More people in the UK aged between 65 and 74 are still working compared to six years ago, new research shows[1]. The findings show there’s a marked increase in the number of people over 65 who remain in the workforce compared to 2016, and a fall in the number drawing their State Pension.