News

How much do you need to retire?

After years of hard work and paying in, a comfortable retirement is probably the light at the end of the tunnel. 40% of over-55s, however, are worried that their money will run out. (1) Moneywise.co.uk – April 2018 It’s worth taking some time to make some retirement decisions and figure out how much you are […]

A guide to pension drawdown

Many people are now choosing income drawdown as an option in their retirement planning. This is different to the traditional annuity which most people used to purchase – so here is a guide to pension drawdown, and how to work out whether it’s for you. What is pension drawdown? Put simply, income drawdown means your […]

7 reasons to get a private pension assessment

A pension assessment should be a key part of anyone’s retirement planning. Now is the time to check whether your savings are growing as they should be.

The benefits of income drawdown

As your retirement planning starts to take place, there are several options to think about to make sure you get the most from your pension savings. ‘Pension freedom’ now offers a range of choices, such as income drawdown. You may have heard about the 25% tax-free lump sum you could take out of your pension […]

Five reasons why consolidating your private pensions could be useful

The days of spending your whole career working for one company – and paying into a single pension pot – are over. Auto-enrolment laws mean that many people have a number of smaller workplace pension funds and some larger companies offer defined benefit pensions too. As well as making retirement planning harder, this potentially loses […]

Drawdown – Understanding The Risks, Advice Is Essential

We’re sure you’ve heard the term pension drawdown; this is where you leave your pension fund invested and take income as and when you need it, instead of using the cash to buy an annuity as people did traditionally. As the money remains invested, the pension fund can continue to grow, even when you’ve retired. […]

Inheritance Tax – Time For An Overhaul?

If ever there is a UK tax that needed a major overhaul, then Inheritance Tax (IHT) must be a top candidate. Many families will be delighted to hear that the Chancellor, Philip Hammond, has written to the Office of Tax Simplification (OTS) asking them to reform IHT “to ensure that the system is fit for […]

Cash Flow Planning – Map Your Future

Many people spend their working lives planning and saving for their later years. However, when they reach retirement they can be unsure as to how best to allocate their cash. This is where cash flow planning can really help.

More Women Are Working Into Their 70s

In yet another sign that retirement is becoming an increasingly fluid concept, figures from the Office for National Statistics show that the number of women working past the age of 70 has doubled in the last four years. The abolition of the compulsory retirement age in 2011 has meant that many more workers, men and […]

Investing for Income in Retirement

Today, savers reaching retirement have more choices than ever before about how they use their pension pots to fund their retirement. Instead of simply using their pension money to buy an annuity that provides a guaranteed income for life, many choose to invest throughout their retirement years. The challenge this brings is to deliver a […]