Deciding whether to withdraw cash from your pension pot Choosing what to do with your pension is a big decision. If you’ve been saving into a defined contribution pension (sometimes called ‘money purchase’) during your working life, from age 55…
I know it’s February, but a friend asked me the other day if I’d made any New Year’s resolutions and, perhaps, more importantly if I’d stuck to them. I’m not a big fan to be honest. I’d rather (try!) and…
3.6 million Britons have lost track of their pension savings The more old pensions you do have, the easier it is to end up losing one. Tracing pensions from years ago can be a hassle. Over 3.6 million Britons admit…
When it comes to marriage and money, it’s good to talk Millions of married couples have no idea about their spouse’s pensions and retirement plans, according to new research[1]. More than three-quarters (78%) of non-retired married[2] people do not know…
I admit it. Pensions definitely aren’t the most interesting topic of conversation for the majority (apart from us independent financial advisors that is!) Just the mention of the ‘p’ word and people have the tendency to switch off or change…
How to make the most of the various pension allowances Saving into a pension is one of the most tax-efficient ways to save for your retirement. Not only do pensions enable you to grow your retirement savings largely free of…
Starting off 2020 as we mean to go on, we’re supporting our growth strategy with the appointment of Kirk Yeomans as Independent Financial Advisor. With over 15 years’ experience in the financial services industry, Kirk, who is originally from Devon,…
Not a week goes by here in the UK without a different news article appearing in the mainstream media discussing how much each of us needs to save for our retirement. Just Google ‘saving for retirement’ and you’ll find over…
With inflation rates currently at a six-year high of 3.1%, savers are being hit hard with the lowest interest rates in history. So, if you’ve got some money to save, how can you ensure you get the most out of…
The UK's middle-aged workers could be sleepwalking into retirement poverty. Four in ten people aged between 40 and 65 cannot accurately estimate their total pension savings for retirement. Just over a third of 60 to 65-year-olds who took part in…