What Does An Executor Do?
If you leave a will (which is highly recommended), then you can name up to four executors. As the name of the role suggests, the executors are the people with both the authority and the responsibility to ensure that a person’s estate is wound up in accordance with the will. Here are the key points […]
Can You Afford Your Pension Income?
Since April 2015, pension savers have been able to choose between buying an annuity and receiving a standard investment income. Getting this decision right can make a huge difference to a person’s retirement. That’s why the government is taking steps to ensure that those on the point of retirement are well-informed. From pensions freedoms to […]
Should you be Pension Planning?
Plan for what is difficult while it is easy – Sun Tzu We all know we need to save for our pension, don’t we? But we also know it’s not always that easy to find the spare cash required to do so, especially amid a global pandemic. Research studies, though, typically show that many retirees […]
Making the Most of Your ISA Allowance
The COVID19 pandemic has highlighted the importance of having both cash savings and insurance (for all the complaints about the latter). At the same time, it’s still important to prepare for the future, especially your retirement. Your ISA allowance could be used for both purposes, but that may not be a good idea. Here’s what […]
COVID-19 affects retirement plans for over three million
Recent research shows 1 in 10 UK adults with a pension (and not yet retired) have reduced or stopped pension contributions because of Covid-19. 1 in 10 UK adults have reduced or stopped pension contributions 1 in 4 workers are worried about paying for everyday essentials 1 in 5 workers are worried about keeping up […]
Pension planning for the self-employed
There are 4.8 million self-employed people in the UK and only a third have any kind of pension arrangement. A shocking statistic when you consider that State support is shrinking and we’re all living longer. Saving for a pension when you’re self-employed is not as straightforward as it is for an employed person, who might […]
Important Pension Update
You may be aware that Zurich has agreed to sell part of its UK wealth and investment business to the Embark Group. This includes the Zurich Portfolio which includes your Zurich ISA, Retirement Account or General Investment Account. The Financial Conduct Authority (FCA) have approved Embark as the new owner of the business. You don’t […]
Your pension savings, your future options
Why you should consider modernising your pension, particularly in light of recent events, it’s important to consider your future options.nsion savings As well as giving you greater freedom over how you access your savings, there are several other benefits when modernising your pension: — Take full control of your pension savings — Choose when and […]
Reviewing your pension contributions
As you approach retirement, you probably want to know when you can afford to stop working. Having worked hard throughout your career you deserve to enjoy your retirement without having to worry about your finances. It may be worth reviewing your pension contributions to make sure you are taking advantage of the incentives offered by […]
Crystallising Your Pension Plan
The extra freedom granted by the pension changes introduced in April 2015 is good news for all pension savers. However, the increased options could lead to many people making the wrong decisions and paying unnecessary tax, making professional financial advice all the more important. In the event of your death, the money and estate that […]
