15th Dec 2019
A pension pot of around £100,000 offers a wide choice for your pension income options. Add to that the freedom of choice for annuities (thanks to the 2015 pension reforms) and you’ve got a lot to think about! Annuity rates aren’t fantastic at the moment – and haven’t been for a while. With economic and…
15th Dec 2019
Whether you’re tired of the UK’s political climate or simply fancy living in a warmer, sunnier place, retiring abroad is an option for many. But what does being an ex-pat mean for your pension and taxes? If you’re wondering whether you can still claim your State Pension, how your lump-sum payments will work, and what…
15th Dec 2019
Auto-enrolment is designed to encourage everyone in work to save for their retirement. Since it was introduced in 2012, the proportion of employees with a workplace pension has rocketed from 55% to a huge 87% in 2019. The scheme was introduced to encourage retirement planning. The idea is to reduce the future burden of older…
15th Dec 2019
You pay into your pension every month – but did you know there’s a maximum amount each year you can put away? Or that there’s a lifetime limit? Here’s how pension limits work – and why paying into your pension as early as possible helps you build a large retirement fund. Annual and lifetime pension…
5th Dec 2019
How much do you think looking after your pets costs? You could be spending a lot more than you could possibly imagine. The latest figures from Tesco show that our canine companions cost almost £600 a year, and require more than 600 hours of care – compared to just over £330 and 340 hours for a…
20th Nov 2019
Due to often Stakeholder pensions offer a cheap, flexible, and easy way to build your retirement fund. But how do they work, and how do you choose the right one for you? This quick and easy guide outlines how to get a stakeholder pension that suits your retirement plans. What is a stakeholder pension? How…
13th Nov 2019
Find out how to be poor. Don’t build up wealth. Don’t have a rich retirement. Make sure you are poor and anxious for the rest of your life. Here are great ways to do that!
6th Nov 2019
Saving when you’re broke and over 50 may seem impossible. You’re either still in work and trying to put whatever you can into your pension pot, or already drawing down from your pension for an income much lower than you’re used to. Having no savings and a small income, and knowing your retirement is coming…
28th Oct 2019
Do you suffer from high blood pressure, high cholesterol or Type 2 diabetes? Are you overweight? Do you want to be richer in retirement without having to save a penny extra while you’re working? You may have spent your life being nagged about your lifestyle, but finally – in retirement – it could make you…
28th Oct 2019
Annuities have been the backbone of many retirement incomes for years: unfortunately, this doesn’t mean they have been universally loved. As the returns from annuities have shrunk over the years, so has enthusiasm for the products. It means there were celebrations all round in 2015 when the government decided to banish the compulsory purchase of…
25th Oct 2019
If you’re a first-time property buyer saving up for a deposit to buy a house, you then should open a Help to Buy ISA pronto. This is because this Government initiative is set to end on 30 November 2019, which leaves less than two months to open one. Take a look at our guide to…
25th Oct 2019
Property investment has had a bad rep over recent years. Landlord is a dirty word for some – but if you stick to some ethical principles, you can make great returns on your investment AND be a great landlord. 2023 was a slow year for the rental market. The cost of living crisis prevented landlords…
