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News

Should I buy an annuity? Or is income drawdown the future?

Thanks to pension freedoms, there is now more flexibility than ever over how you are going to take your pension. Pension drawdown has become particularly popular in recent years, but there are still advantages to the more traditional pension annuity. What are the differences between drawdown and annuity Income drawdown is the newest option. Your […]

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Five New Year Tax Resolutions you could make

The end of the financial year isn’t just a date for business owners or people in finance. It’s a great time for you to take stock of your finances and give them a thorough spring clean in preparation for the year ahead. Here are our five resolutions you could make:

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5 New Year tax resolutions you could make for retirement planning

As the new tax year approaches, now is a perfect time to think about making your finances work for you, especially when it comes to planning your retirement. The concept of the financial year isn’t just limited to accountants or financial advisers. It affects us all, as savings such as ISAs and personal pensions have […]

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What will the increase in auto-enrolment contributions mean for you?

Auto-enrolment has been in place for some years now. With so many people not saving enough in their private pension funds, the auto-enrolment initiative was introduced to encourage people to save for their retirement and not rely on a state pension. From April this year, there will be an extra increase in automatic pension contributions: […]

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5 things to consider as you approach retirement

1.) Check your State Pension As a first step in your retirement planning, it’s simple to check how much state pension you are entitled to. You can do this easily on Gov.uk here. The amount you receive depends on how many ‘qualifying years’ you have earned – how long you have been paying National Insurance contributions. If you have 35 […]

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Pension Fees – What are you being charged?

Many people are keeping a much closer eye on their pension fund performance in order to assist with retirement planning. These days, there is much more choice between pension providers, such as different investment funds and ways to withdraw your savings. However, you could still be losing money. All pension providers charge for their services, […]

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Can you transfer your private pension at any time?

Like with any financial product, people have become used to shopping around to get the best deal on their personal pension. The option to transfer your pension has become increasingly popular, to guarantee the best possible rate of return. However, there is so much choice available that it can be tricky to decide on the […]

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Should my pension fund always grow as I pay into it?

The workplace pension is something that many people take for granted. You contribute towards it whenever you are paid, your employer might add their own contributions, and you will also be paying into your state pension. You might even have an additional private pension fund you are paying into. However, this is no guarantee that […]

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