Pensions

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. Since the Pensions Act 2008, employers in the UK must put employees on a workplace pension (via auto enrolment). Yet the […]

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. Life expectancy in the UK has been rising since the 19th century. A man born in 1841 might only live until […]

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. Retirement looks different to everyone. Some people look forward to retiring fully from age 57 and living off their investments for […]

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. You may have noticed in the news that a “suspension” of the state pension triple lock has been announced. The move […]

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 please consult us here at Elmfield Financial Planning in Padiham, Burnley, Lancashire. The age from which you can start accessing your state pension depends largely on your age, but in […]

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. Typically, people start thinking about their pension years before they consider their inheritance tax (IHT) plan. Whilst this is better than […]

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. You may have noticed some recent news headlines mentioning a planned “pensions tax raid” by the UK government. Such language is […]

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. When it comes to retirement planning, pensions are almost always going to be a crucial tool – especially due to their […]

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. Working for yourself carries many benefits, including the freedom to work when and where you choose. Yet one disadvantage is that […]

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. What kind of annual income is enough for a comfortable retirement? According to the Pension and Lifetime Savings Association (PLSA), the […]