If you are struggling financially at the moment it can be very tempting to consider either reducing or stopping contributions completely, afterall, you can always make it up with further contributions later – can’t you? The truth is, no, not always and the impact on your pension savings and therefore your retirement income could [...]
In this podcast episode, I talk about how much we need to plan for our upcoming retirement. The state pension will fall short in providing a comfortable lifestyle into retirement so what action should we take to bolster our funds now? Key Takeaways Review your finances [...]
In this podcast episode, I cover the questions you need to ask, and the products and services you need to be aware of, to provide the finances you need to live your best life in retirement. This requires a lot of information about you, your family and what your needs are likely to be [...]
I don't think a week goes by without being asked "Should I Transfer My Pension?" It's a great question and in truth, the answer depends very much on your personal financial situation. In this article, I share with you the many factors you should consider before you transfer your pension or consolidate your pensions [...]
This short video takes a look at pensions and inheritance tax planning, an important aspect of Estate Management and Planning. The right type of pension, set up correctly, can be a tax efficient way to pass on your wealth. A video transcript is provided further below, if you would prefer to read about it. [...]
This short video emphasises the importance of saving for retirement early as it isn't as easy to catch up as you may think. A video transcript is provided further below, if you would prefer to read about it. Video Transcript If you are tempted to [...]
With an increasing number of people feeling almost 'forced' into early retirement due to the current economic climate, many are questioning "how long does a pension last?" The ideal answer will of course be: "as long as you do" but with an average life expectancy in the UK of 81.26 years, retiring early could [...]
Starting to save early for retirement is very important. For most people in the early stages of their lives, perhaps in their first or second job or just starting their own business, retirement is something that's too far away to think about. Yet, when it comes to saving for your retirement, the earlier [...]
Are you considering a Defined Benefit Pension Transfer? A defined benefit (DB) pension scheme is one where the amount you’re paid in retirement is based on how many years you’ve worked for your employer and the salary you’ve earned. They pay out a secure income for life, which increases each year. This video [...]
2020 has been a difficult year for many of us. As it draws to a close, perhaps it's an appropriate time to focus on the things you can control and think about the action you could take to improve your finances in 2021 and beyond. This article provides an overview of 4 areas for [...]