Retirement

Future Financial Health

With all that has been going on in the world this year, for many people it’s been really difficult to feel as though they’re in control of much. However, some people have been in the fortunate position of being able…

Happiness is freedom

‘The secret to happiness is freedom’ wrote the ancient Greek historian Thucydides. And with the introduction of the pension freedom rules, those aged over 55 now have far greater freedom of choice over how they use…

Retiring abroad​

It’s a dream for many that after years of hard work, it’s finally time to travel to far-off lands and enjoy your retirment without worrying about finances. With some planning beforehand, the dream of…

State pensioners

In October this year, those receiving the State Pension are likely to find out that their weekly payments will increase by 4% from April 2020, subject to any last minute adjustments…

Time to update your planned retirement date?

Millions of savers risk missing out on money from their final pension pot if their provider doesn’t have their correct planned retirement date. The analysis revealed that workplace pension savers in the UK…

Revolutionising the retirement landscape

Pension freedoms have put a greater onus on people to keep themselves informed of their options when it comes to accessing their pension money. However, little knowledge and understanding of the…

'Sleepwalking' into retirement

There is a widespread and common-sense-based perception, backed to some extent by evidence, that planning and preparing for later life is associated with increased well-being in older age…

A long life needs a smart retirement plan

Your 50s are a crunch time when saving for your retirment. If you’ve already set a retirement savings target but have been neglecting it, the reality is that now you can’t afford to delay your planning…

Age is just a number

We know that age is just a number, and for different people it means different things. It’s also a phrase used by some people who oppose age restrictions…

How prepared are you for retirement?

You work hard to enjoy your current lifestyle, but are you doing enough to ensure that you will continue to enjoy it in retirement? Many of us live for today, but saving into a private pension plan can help you…

Moving closer to retirement

For those people moving closer to retirement who may have been impacted by the recent market volatility, an option to consider is deferring your private pension. If you’re in a defined contribution scheme…

Protecting your retirement plans

The COVID-19 pandemic has touched virtually every aspect of our lives, not least of which is how we save for retirement. And while the number one priority is keeping our families and ourselves safe…

Retirement freedoms

Preparing for retirement is like getting ready for a journey – it never goes quite as planned. But the better the plan, the better the outcome. When things go wrong, you want to have the flexibility to adapt…

Retirement savings longevity

We all want to ensure we have sufficient funds when we retire so we can spend our time the way that we want to. But how realistic are your current retirement plans…

Can’t afford to retire

Do you know how much money you will need in retirement? What about how much you already have saved? Do you know what kind of income that might provide? Unfortunately the answer is ‘no’ for some people…

Funding care

Whether you are looking for care for yourself or a loved one, chances are that one of your first thoughts is going to be: ‘How much is it going to cost?’, swiftly followed by, ‘Who is going to pay for it?’ Understanding all of the different funding options can make a big difference to the care you ultimately choose…

Funding long-term care

Long-term care covers everything from residential and nursing home to home care. It is provided by a range of different organisations, including local authorities, the NHS and private and voluntary organisations…

Future financial health

With all that has been going on in the world this year, for many people it’s been really difficult to feel as though they’re in control of much. However, some people have been in the fortunate position of being able to take the opportunity to invest in both their physical and emotional health while in lockdown…

Grow your money

Retirement planning is one of the most important investments you can make towards your retirement, to ensure you experience the quality of life you want in later years. But millions of retirement savers are unaware that they are sitting on a powerful weapon that could be used to fight climate change and other environmental problems – their pension pot…

Happiness is freedom

‘The secret to happiness is freedom’ wrote the ancient Greek historianThucydides.And with the introduction of the pension freedom rules, those aged over 55 now have far greater freedom of choice over how they use their pension pot to fund their retirement years…

‘New Age’ of self-employment

Self-employment plays a vital role towards the UK’s economy. In recent years the number of people who are self- employed has risen steadily. But one of the main drawbacks is that the self-employed do not have the advantage of an employer to help arrange pension provision…

Over-50s with no pension provision

Planning ahead for retirement will help ensure you’re on track to achieve the financial future you want. However, millions of retirees may face the prospect of living in poverty during their twilight years and having to rely only on the State Pension as a result of failing to plan ahead for their retirement, according to new research[1]…

Pension options

One thing retirement is not, is an age. Not any more anyway. Gone are the days of being told to stop working one day and pick up your State Pension the next.Today you have new pension freedoms to decide when and how you retire…

Will your pension run out early?

An increasing number of people have been forced into early retirement due to the economic impact of the coronavirus (COVID-19), with many worried about how they’ll make ends meet in the future. Because of the pandemic, we are currently in a challenging economic period.The global economy has taken over ten years to recover from the shock of the last financial crisis…

Planning for tomorrow, today

The future may seem far away. Regardless of your retirement goals, there are things you can do to increase your chances of success. It is important to look objectively at your plans and adapt them as your priorities change over the years and you go through different life events…

Retirement finances

Six years on from pension freedoms, non-advised savers aged 50 are facing a ticking time bomb at retirement according to a new survey…

Retirement options

When the time comes to access your pension, you’ll need to choose which method you use to do so, with options including: buying an annuity, taking income through (flexi-access) drawdown, withdrawing lump sums or a combination of all of them…

State Pension age rises

For the first time in over a decade, the point at which people can claim a State Pension (the ‘State Pension Age’) is simple. If you have reached your 66th birthday, you can claim it. Otherwise you cannot…

Retirement planning journey

When you’re starting out working in your 20s, you may not be thinking about retirement in 40 years’ time.The same goes for your 30s, 40s and even 50s.There is always something on the horizon you could be saving for besides your retirement…

Top pension tips if you’re about to retire

We spend our working lives building towards retirement. Choices we make today will have a big impact on the quality of our lives later on. If you only have a handful of years to go until you reach your retirement, it has never been more important to understand your options and put a plan in place – now could be a good time to re-evaluate your plans with us…