All Entries from Pensions

Pension freedoms

Pension freedoms

Retirees now have a whole host of new options The pension freedoms, introduced on 6 April 2015, have given retirees a whole host of new options. There is no longer…. Read More »

Mind the gap

Mind the gap

Self-employed would back new laws to expand retirement savings For the self-employed, even if the will to save for retirement is there, the way can be problematic. Self-employed workers want…. Read More »

Women’s State Pension age changes

Women’s State Pension age changes

Government’s bid to ensure ‘pension age equalisation’ On 3 October, campaigners lost a significant legal battle against the Government’s handling of the rise in women’s State Pension age. Up until…. Read More »

State pensioners

State pensioners

Inflation-busting increase to weekly payments on the horizon In October this year, those receiving the State Pension are likely to find out that their weekly payments will increase by 4%…. Read More »

What you need to know

What you need to know

Winners and losers under the new State Pension The figures for people qualifying for the full new State Pension following its introduction in April 2016 reveal almost two in five…. Read More »

Cashing out

Cashing out

Pension changes brought a whole new range of options to consider Unadvised retirees who are now able to dip into their pension are having to return to work to cope…. Read More »

Pension scammers: spot the warning signs

Pension scammers: spot the warning signs

Don’t lose your life savings or be persuaded to invest in high-risk schemes Don’t let scammers enjoy your hard-earned pension proceeds. Anyone can be the victim of a pension scam,…. Read More »

Lost pensions

Lost pensions

Make sure your pension savings don’t get left behind The employment landscape has evolved significantly over the last few decades, and changing jobs multiple times before retirement is now very…. Read More »

Unlocked pension savings

Unlocked pension savings

Critical gap in consumer awareness Drawdown allows most pension holders to withdraw a tax-free lump sum and reinvest the remainder as an income. But hundreds of thousands of DIY drawdown…. Read More »

Economically active

Economically active

Why longevity also brings with it some unique financial challenges Statistics clearly show that Britons are living longer. While a long life can be a good thing, longevity also brings…. Read More »

Pensioner wealth

Pensioner wealth

Income gap between the wealthiest and poorest pensioners is growing The members of Britain’s baby boomer generation who are now entering retirement have been called ‘the richest generation in history’….. Read More »

Pension shortfall exposure

Pension shortfall exposure

Signs you are not financially ready to retire Those potentially most exposed to a pension shortfall are not people just entering the workforce, most of whom presume they will work…. Read More »

Taxing times ahead

Taxing times ahead

Don’t be penalised by the tax system when you exercise your freedoms The ‘pension freedom’ reforms of 2015 were welcomed by consumers, as they vastly widened options available to most…. Read More »

Show me the money

Show me the money

Turning pensions into money you can use Today, you’ve got a number of options and permutations available when it comes to what to do with your pension in retirement. But…. Read More »

Tracing a lost pension

Tracing a lost pension

Nearly £20 billion unclaimed money and growing The scale of the UK’s lost pensions mountain has been exposed by the largest study yet on the subject[1]. The Pensions Policy Institute…. Read More »