What are my pension pot options?
How to use your defined contribution pension pot Are you nearing retirement age and wondering how to best manage your retirement income? Changes to regulations now provide you with greater flexibility and choice when it comes to accessing your defined contribution pension.
Don’t let retirement catch you off guard
Make sure you have a comfortable and secure retirement for the years ahead Retirement has evolved beyond the traditional image of stopping work completely at 60 for women and 65 for men. With many people choosing to work part-time or continue working later in life, it could be an opportunity to explore new interests or […]
Millennials willing to forgo inheritance
Harder to support bigger financial commitments of older generation parents Many people want to do what they can to ensure they maximise the amount they leave to their family and minimise Inheritance Tax, but working out how much you can afford to give away during your lifetime isn’t easy.
Chancellor retains state pension triple lock
State pension is set for a record-breaking increase from April 2023 If you’re currently receiving or have been looking into the State Pension, then you’ve probably heard of the ‘triple lock’. But what is it?
Don’t miss the ISA deadline
Use your tax-efficient allowance or lose it forever! Time is running out to take advantage of this year’s Individual Savings Account (ISA) allowances. You get one ISA allowance per tax year. So use it or lose it soon, when the tax year ends on 5 April.
‘Phased retirement’
Pre-retirees starting their plans but will rising living costs halt their plans? Retiring early is a dream for many people and it is achievable for people who have been able to plan, save into a pension over a long period and taken financial advice to help them plan their finances. However, it can become a […]
No ‘one-size-fits-all’ protection solution
Helping you feel confident your family’s finances are secure With a New Year comes resolutions. Everyone should make a resolution to review their protection and estate plans. A solid plan will help you feel confident your family’s finances are secure.
Taxing times
Time for a tax health check? With the current tax year having begun on 6 April 2022, the clock is ticking and it is important to utilise all the tax reliefs and allowances available to you before 5 April 2023 in order to minimise any potential liabilities.
Time to get your retirement plans in motion?
Three in five Britons feel stressed about later life planning It’s only natural, in a world where most people are worried about things that are beyond their control – the rising cost of living, increasing inflation and interest rates that haven’t been seen for years – that you may also feel out of your depth […]
Tracing old and lost pensions
Nearly half of pension holders have lost track of some of their pension pots The lost pensions challenge in the UK has grown significantly in recent years, further exacerbated by the pandemic, which resulted in a large proportion of people moving jobs. A recent Pension Policy Institute research briefing calculated the total value of lost […]