Navigating UK Pension Options
Planning for retirement is one of the most important financial decisions you’ll make, and understanding the various pension options in the UK is crucial for ensuring a comfortable future. At Jones & Co, we pride ourselves on offering tailored solutions for every stage of your retirement journey. Whether you’re exploring a workplace pension scheme, a […]
Building a Bigger Pension Pot 2024
Download – Building a Bigger Pension Pot 2024 PDF Why Building a Bigger Pension Pot Matters As the 2024/25 tax year begins, it is the ideal time to review and strengthen your pension strategy. Taking action early in the tax year gives your money more time to grow and allows you to fully benefit from […]
Guide to Mastering Financial Fitness in your 50’s
PDF version of – Mastering Financial Fitness in your 50’s Why Your 50s Are a Critical Financial Milestone Entering your 50s marks a decisive phase in your financial journey. For many, careers are well established, income is more stable and children may be financially independent. At the same time, thoughts of slowing down or retiring […]
Cash may not be king
Choosing what to do with your pension is a big decision.
How confident are you about your retirement?
Hopes, fears and aspirations of people approaching and in retirement People aged between 55 and 64 are now less confident about their retirement than they were a year ago, with over-55s most likely to be worried about rising prices. Many of us are unsure about what to expect when it comes to planning for the […]
Time to bring your pensions together?
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 they have no idea how many pensions they have and risk paying more in fees […]
Minimum age pension age rise – what does this mean for pension savers?
Did you know that the normal minimum pension age (NMPA) is set to rise from 55 to 57 from 6th April 2028? This latest NMPA rise was confirmed in the UK Government’s Finance Bill in November, a Bill designed to support the delivery of a stronger economy through driving growth, securing public finances and levelling […]
Pensions and retirement still remain a taboo
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 what their spouse’s pensions are worth. Nearly half (47%) of non-retired married people have not […]
How to trace multiple old pension pots
Over time, pension schemes close, merge or become renamed Changed job? Moved house? It’s not always easy to keep track of a pension, especially if you’ve been in more than one scheme or have changed employers throughout your career. Over time, pension schemes close, merge or become renamed. So even if you remember the name […]
Boost your pension savings
Planning to achieve your retirement goals sooner Are you ‘mid or late career’ or planning to retire within ten years? If the answer’s ‘yes’, then you probably want to know the answers to these questions: Will I be able to retire when I want to? Will I run out of money? How can I guarantee […]
Gender pension gap
What you can do to reduce a future financial shortfall A lot has been made of the gender pay gap, but what’s not so well known is how this can affect women in retirement. Unsurprisingly, women don’t fare as well as men when it comes to the savings they’ve built up for a healthy and […]
Pensions: the ultimate savings incentive
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 the subject. That’s usually because the discussion becomes technical, long-winded and, ultimately, boring. There are […]
Take It To The Max – Pension Allowances
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 tax, but they also provide tax relief on the contributions you make. There are various […]
Protecting your retirement plans
Don’t let coronavirus derail your financial future The COVID-19 pandemic has touched virtually every aspect of our lives, not least of which is how we save for retirement. And while the number one priority is keeping our families and ourselves safe and healthy, the next topic on most people’s worry list is the financial impact, […]
Which article is right when it comes to retirement savings?
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 four million – yep, you read that right! – news stories on the subject. Some […]
Sleepwalking into retirement – lack of pension knowledge among UK adults
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 a questionnaire by the JLT Employee Benefits research do not know the size of their […]