pension pots - Blog

Over 100,000 pots are used to start drawdown without advice each year. What will these retirees do and what do they need to help them?

Non advised drawdown – how many start it each year and what do they need to make it work?

30 January 20239 February 2023Pension Freedomsannuity, pension calculator, pension freedoms, pension pots

The latest Financial Conduct Authority (FCA) stats for the year between 1 April 2021 and 31 March 2022 tell us some interesting numbers. Around 700,000 new defined contribution (DC) pension pots, i.e. the ones you

The launch date of the UK's pension dashboard is approaching - but it will offer the help people really need?

What does a practical Pensions Dashboard look like?

14 December 202210 January 2023Pension Freedomsannuity, pension calculator, pension freedoms, pension pots

At some point in the future a Government pension dashboard will exist, where hopefully, you can provide your National Insurance number and get details of all your pensions. This will include pension pots, any Final

Nothing in life is certain, except a guaranteed lifetime income.

Guaranteed and drawdown income – is a bit of both the best mix?

11 October 20229 February 2023Pension Freedomsannuity, pension calculator, pension freedoms, pension pots

Some things are great on their own, gin,tonic,apple pie,custard, but are even better when you put them together. No, not pizza and pineapple...... There are lots of great things about guaranteed income on its own.

Life, death and pensions

How long will I live – and have I got enough money?

19 May 20229 February 2023Pension Freedomsannuity, pension calculator, pension freedoms, pension pots

“You and I are gonna live forever’ sang the rock band Oasis back in the 1990s. Unfortunately we won’t, but we do all need a financial plan that will protect us if we live longer

Everything you need to know about the shape of your retirement income

Retirement income: what shape are you?

8 October 20219 February 2023Pension Freedomspension calculator, pension freedoms, pension pots, retirement income, retirement plan

What is retirement income? Retirement income is the money that you’ll have to live on once you’ve retired. When we talk about retirement income, we mean the total income you have each year. That also means after

Everything you need to know about using tax free cash from your pension pots

Tax-free cash is great! Taking it the right way is even better!

19 September 20219 February 2023Pension Freedomspension freedoms, pension pots, tax free cash

Everyone loves tax-free cash. So the great news is you can currently take 25% of any pension pots tax free when you retire. Here's the low-down on the best ways to take advantage of this......

Do you know at what age you want to retire?

Retirement: What Age Can You Reach the Finish line?

21 August 202022 October 2024Pension Freedomslow cost pension provider, pension inflation, pension pots, retirement, retirement age

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

How much do you need in your pension pots?

How Much Do You Need in Your Pots for Retirement?

24 July 20203 October 2021Pension Potshow much in pension pot, pension pots, retirement lifestyle, retirement plan, save for retirement, total pension pot

How much do you need in your pension pots? The answer to this question will depend on various personal factors. In addition to doing the numbers, here are a few things to keep in mind

Leaks will eat away at your income once you retire.

How to Avoid Leaks from Your Pension Pots

26 June 20203 October 2021Pension Potsincome tax, low cost funds, pension pots, provider charges, retirement income, retirement plan

What are leaks from your pension pots? Jenny has saved consistently into her various pension pots over the years. She has also taken advantage of the available contributions from her employer where possible. When she

Educating yourself about pensions can make a big difference in retirement.

What Help can People Get to Enjoy the Pensions Freedoms?

29 May 20203 October 2021Pension Freedomsfinancial advice, free calculator, pension freedoms, pension help, pension pots

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)