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 [...]
£19m has been released each day since the launch of Pension Freedoms. In his 2015 Spring Budget, then-chancellor George Osborne introduced sweeping changes to the way that pensions are taxed. The new pension freedom rules have led to the over-55s being faced with a variety of different choices when taking and investing their [...]
Have you had many jobs and accumulated multiple pension pots? On average people now have several different jobs in the course of their working life. So, it’s not uncommon to start a new pension for each job. This means that you may end up with multiple pension pots with various providers. Pension consolidation may mean [...]
A great Pension Advisor can save you money and worry, and set you up successfully for the years to come. Recommendations from friends and family are one way to find someone, but it’s not easy to know if they have given good advice until years later. This blog, by a Cardiff independent pension financial [...]
NEARLY £20 BILLION OF PENSION MONEY GOES UNCLAIMED AND THIS FIGURE IS GROWING The scale of the UK’s lost pensions mountain has been exposed by the largest study yet by the Pensions Policy Institute that found 800,000 pensions were lost and worth an estimated £9.7 billion. It estimates that, if scaled up to [...]
It's not every day you receive an email titled: "Congratulations, you've become one of the few Independent Financial Advisers in the UK to have attained the Pension Transfer Gold Standard" But that's exactly what I received this morning! On Thursday (30th May 2019), the Personal Finance Society confirmed that I can now display this [...]
So, you’re approaching that milestone age of 55 and starting to think about retirement? At this age it’s common to start panicking about what is a good pension pot at 55 and what might happen after you leave the routine security of full-time work. Especially if you haven’t given much thought to it [...]
Have you accumulated multiple pension pots throughout your working life? Are you now thinking "Should I consolidate my pensions?" Consolidating pensions can be a good way to get to grips with your retirement savings. On average people now have several different jobs in the course of their working life. So, it’s not uncommon [...]