Is your pension underpaying you

The state pension is an essential source of income for many retirees in the UK, providing financial stability and security in retirement. Unfortunately, recent reports suggest that the state pension system is underpaying thousands of individuals, resulting in financial difficulties and reduced quality of life. This article will explore the issue of underpayments in the […]

Are You On Top Of Retirement Planning?

It’s probably fair to say that, right now, many people are more concerned with getting through the present than planning for their retirement. This is understandable. The problem with this approach, however, is that the future can arrive much quicker than it seems like it should. This means that retirement planning should always be a […]

Are You (Financially) Ready For Retirement?

If you’re at the younger end of the boomer generation, then retirement should be high on your list of priorities.  In fact, even if you’re in Gen X, retirement should be one of your key considerations, especially if you’re at the older end of it.  This means you should be assessing your financial provisions for […]

What Does Inflation Mean For Modern Retirees?

Retirees have traditionally hated inflation. It often has a brutal effect on fixed incomes such as the State Pension and annuities. Pension freedom may have helped to take the edge of this somewhat. Even so, inflation is likely to have to remain a concern for retirees for many years to come. Here are some of […]

Are you approaching retirement?

If you are nearing retirement, you may have been particularly worried about the impact of recent market volatility on your pension assets and perhaps you are reassessing your retirement plans. There are several things to consider if you are planning to retire, which will depend very much on your own circumstances. Since pensions freedoms were […]

How To Keep Your Pension Pot Safe

pension advice blackpool

If you’re in employment, saving into a pension can be a lot like paying tax.  The money comes out of your paycheque before it reaches you.  You don’t have to do anything.  In principle, you don’t even have to think about it.  In practice, however, you should think carefully about it.  With that in mind, […]

How Will Millennials Fund Retirement?

pension advice blackpool

National Insurance contributions do not pay for your state pension.  They are simply contributions to government coffers to be spent as the government sees fit.  Under current rules, those contributions do entitle you to a state pension (eventually).  Those rules can, however, be changed as can anything related to a state pension. Here we look […]

Retirement For The Self-Employed

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Time famously waits for nobody.  Growing up may be optional but growing old is a reality.  This means that everybody has to plan for it.  If you’re a paid employee, the chances are that your retirement arrangements will be linked to your job.  If, however, you’re self-employed, you’re on your own.  Here are some self-employed […]

When Can You Retire?

A smiling woman looking forward to retirement

Over recent years, the state pension has made the headlines fairly regularly. One of the reasons for this is the increase in state pension age. Now, the government is proposing to increase the age at which people can access private pensions. Depending on your position, this may be a big deal or a moot point. […]

How To Avoid Being A Poverty-Stricken Pensioner

pensioner worried about money

If you’re on a defined-benefits (“final-salary”) pension, then you’re probably either already drawing it or in the public sector. For most people, defined-contributions (money purchase) pensions are the only option available now. That means the onus is on you to maximize your returns so that they literally fund the rest of your life. Here are […]