The news that some £33million is being taken away from pensions as the Government ends the allowance for adult dependents will come as a shock for those affected.
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All posts tagged: retirement
Starting a New Year and thinking about future care
It’s good to spread good cheer at this time of the year, and one thing to celebrate is the fact that we are all living longer. Improvements in health care have meant life expectancy has gone above the age of 80 for those who are nearing retirement now.
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Should you consolidate your pension pots?
By the time we come to retire, most of us have several pension pots from various employers, as well as a private pension. The question is, what is the best way to make the most of those pension pots? Should we consolidate them all into one, or keep them separate?
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The importance of making a Will
Around 60% of the UK population don’t have a Will. This could leave your wealth being distributed incorrectly. We explain the importance of writing a Will and how this can help your family’s future.
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Your pension options at 55
Choice never used to be part of retirement planning. When you hit state pension age, your private or workplace pension would buy an annuity, at whatever rate your pension provider was offering. If it didn’t suit your circumstances or your pension to was too small, it was simply too bad.
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