Pensions

 

5 costly pension mistakes to avoid in 2020

This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. It would be fair to say that many people’s pension plans have been disrupted – if not derailed – by the […]
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Pension lump sum withdrawals during a pandemic

This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. The COVID-19 seems to have had a big impact on pension transfers and withdrawals. In March 2020, studies show that the […]
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A Short Guide to Early Retirement

This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. For many people, retiring in their 50s or even earlier is the ultimate dream. Moreover, since the introduction of the Pension […]
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Is a Pension Transfer Worth it?

This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Transferring a personal or workplace pension is an important and often irreversible decision, which can dramatically affect your lifestyle in retirement. […]
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Your Pension Pots – Should You Combine Them?

This content is for information and inspiration purposes only. It should not be taken as financial advice. To receive regulated, bespoke financial advice regarding your situation and goals, please consult an independent financial adviser. Most people in the UK nowadays are likely to have careers spanning 40+ years, changing jobs at least 10 times before […]
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5 Tips to Reduce Your Retirement Age

The desire to retire early is a common goal amongst our clients. Perhaps they would like to spend more time with family, or travelling the world while they are still healthy enough to enjoy it. A world of options opens up at retirement, and it’s important to ensure that you can not only cope financially, […]
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Auto-enrolment: How It Works and Affects You

In 2012, the government introduced a new regime for workplace pensions. Prior to this, there was no requirement for an employer to contribute to their staff’s pension scheme, although they were required to provide access to a pension. Since 2018, all businesses in the UK are subject to the rules, as all eligible employees must […]
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Understanding the State Pension: 4 Crucial Tips

In 2019-20, the maximum new state pension amounts to about £8,767.20 per year (£168.60 a week) – quite a significant sum towards helping fund your retirement lifestyle. Of course, it’s easy to assume that you will get the same amount from the government as everyone else when you retire. Yet this is not necessarily the […]
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Can and should you retire early?

In 2018 The Independent reported that nearly 30% of British workers anticipate continuing employment beyond their 70th birthday (double those who thought so 7 years ago). With reports like this often circulating the news, it is little wonder many people are now almost resigned to the thought that they will have little choice but to […]
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8 things to do just before your retirement

It used to be the case that many people worked in the same company or organisation for many decades, and then retired with a generous pension. Those days are long gone! Today, final salary pension schemes have been steadily replaced with defined contribution schemes, people are living longer, workers have more diverse careers and the […]
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