More younger women opting out of pensions
Young women are putting their future retirement security at risk by opting out of their workplace pension[1].
Topic: Retirement
Retirement savings longevity
Are you facing a pensions challenge?
We all want to ensure we have sufficient funds when we retire so we can spend our time the way that we want to. But how realistic are your current retirement plans?
Retirement options
£19m released each day since pension freedoms launch
In his 2015 Spring Budget, then-chancellor George Osborne introduced sweeping changes to the way that pensions are taxed. The new pension freedom rules have led to the over-55s being faced with a variety of different choices when taking and investing their nest eggs.
Divorcees risk losing out on pensions
Dividing this asset is of vital importance to avoid pension poverty
Divorce is an emotional and stressful period for those who have to go through it. However, it’s important that people think of these valuable assets when considering how they split their money.
Planning for tomorrow
Will my retirement income be enough to live comfortably?
The questions our clients almost always ask us are: ‘Will I be able to retire when I want to? Will I run out of money? How can I guarantee the kind of retirement I want?’
Time to give your pension pot a boost?
Planning ahead for the financial future you want
Planning for retirement can be both exciting and daunting. It’s essential to structure your affairs to make sure you have enough money when you eventually retire. To give your pension pot a boost, one option to consider if your pension savings are more than your annual allowance is to take advantage of the carry forward rules for unused annual allowances from previous years and still receive tax relief.
Women better prepared for retirement
Record high despite £78k pension pot gender gap
Women in the UK are better prepared for the future than ever before, with 57% now saving enough for their retirement – the highest proportion recorded in 15 years.
Tax savvy
Savers should think twice before using their pension to purchase property
From age 55, you have the flexibility to choose how you take money from your pension. But pension savers risk throwing away thousands of pounds of their hard earned savings if they use their pension to purchase a second property.
Bullish millennials
Putting money to work earlier allows more time for savings to grow
Millennials are more bullish than any other generation about their retirement savings, a major new study has found[1]. But with time on their side, should they be doing more?
How do I plan for my retirement?
Self-employed business owners face unique challenges
Saving for retirement can be more challenging when you are self-employed, as there is no one to organise a pension for you and no employer making contributions on your behalf.