A personal pension is essentially a savings scheme that allows you to build up the pension pot you need to provide an income in retirement.
Read more
All posts tagged: pension
Looking at pensions
Most of us want to look forward to retirement. After 40 or more years at work, having our time as our own means a chance to relax, enjoying some new pastimes and perhaps a little travel.
It certainly should not be a time to worry about money.
That’s why getting the right pension and the income you need to make the most of your golden years is so important. Getting your pension right is easier if you are armed with a knowledge of the basics.
Why it could pay to top up your state pension now
If you’re looking to maximise your income in retirement, your State Pension could provide the easiest place to start.
The full state pension for new claimant is a less than generous, but still very worthwhile £164.35 per week. It may not be enough for most people to live on, but it can provide a very worthwhile boost to the income that may be received from a personal pension or company scheme.
Read more
Making the most of your drawdown
Since pension freedoms were introduced in April 2015, people now have a number of options available to them, including to use their pension pots to provide a retirement income with drawdown.
Read more
Will you be working past the age of 65?
It is something to be celebrated that as a population we are not only living longer, we are enjoying better health in our later years. This means that many of us could consider working for longer.
Read more