Only 44% of pensioners receive the full flat rate State Pension, according to the Department for Work and Pensions (DWP). Here are some tips to follow to help make sure you’re not missing out unintentionally.
Continue ReadingCategory: Pension Freedoms
Understanding your pension freedoms will help you manage your money more efficiently after retirement.
How can benefits help with pension planning and retirement income
Benefit entitlements when making pension contributions Contributing to your pension scheme offers great tax benefits, a topic we've covered in a previous post. In addition to great tax benefits, pension contributions can also increase your
Continue ReadingEverything You Need to Know About UK Pension Charges
What are the different types of UK pension fees? Everyone expects to pay fees on their pension pots, but are the different charges you should expect to pay? There are many different ways that pension
Continue ReadingWhat Can You Put Towards your Pension Income?
Build a Plan with Guiide
Continue ReadingShould You Combine your Pension Pots?
Should you put all your pots together? Firstly: what do we mean by pension pots? Essentially, pension pots are defined contribution or money purchase pensions where you build up as pots to use at retirement
Continue ReadingPension Investments: How Much Risk Should You Take?
How much risk should I take in my pension pots? Our last blog, Planning Your Retirement Income – is there a Magic Number?, covered how to calculate the right amount to withdraw each year from
Continue ReadingPlanning Your Retirement Income – is there a Magic Number?
What percentage should you take from your pension pots when you retire? This is one of the most common questions people ask when they first find out about pension freedoms: what is the right percentage
Continue ReadingWhat is a Good Retirement Outcome?
Why is it so complex? To most people, pensions are incredibly complex: life expectancy, investment choices, cash flows, annuities, drawdown rates, tax and charges are some of the many issues to take into account. Is
Continue ReadingRetirement: What Age Can You Reach the Finish line?
Recap In our last blog post, we put together the different aspects to consider when it comes to managing your pension pots. One of the main variables is the age you want to retire. In
Continue ReadingWhat Help can People Get to Enjoy the Pensions Freedoms?
Why do people need it? Since the Pension Freedoms started, many people saving for retirement plan to take their defined contribution (DC) pension pots flexibly. A small percentage may still buy incomes for life (annuities)
Continue Reading