How To Avoid Being A Poverty-Stricken Pensioner
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 […]
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 […]
Income Drawdown
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”2_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.4.9″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] Income drawdown came about as the result of the “pension freedoms” legislation of April 2015. Before that date, most of a pension fund had to be used to buy an annuity. Annuities are […]
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 […]
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 […]
