News.

There are many advantages to choosing to use income drawdown to access your pension, one of the main ones is being able to access your assets […]

The impact COVID-19 has had on pension savings and the fact that many household incomes are under extreme pressure means individuals are now at greater risk of falling for a scam.

Due to the global stock market volatility and the fact that household incomes are coming under extreme pressure, people aged 55 or over may be tempted to access their pension.

The incomes of many households across the UK have been seriously impacted by the coronavirus. More than 9 million people are expected to be furloughed*, the self-employed who are eligible for help will not receive it until June, and some people are not eligible for any of this help including the recently self-employed.

The turbulent markets we are experiencing at the moment are concerning for everyone, but especially for those who are in a defined contribution (DC) pension scheme and looking to retire.

Rishi Sunak has delivered his first Budget as Chancellor of the Exchequer, pledging a £30bn package to help the UK economy respond to coronavirus and investment in the future; announcing investments in the roads, railways, digital networks and public services. For individuals, there were no significant tax changes to report but set out below are some of the main points of note.

Top ten commonly used jargon within the pension industry and what they actually mean Retirement planning can be a daunting task – with so many options […]

Increasing pension payments by 1% of your salary could grow your pension pot by 25% When it comes to finances, pensions are one area where saving […]

The New Year is a great opportunity to take a good look at your finances and make financial plans for the coming year. Individuals who are […]

When it comes to accessing retirement savings, it seems that there are a lot of mistakes being made. Recent research has found that many don’t understand […]