Cost of living crisis
Signs of more economically active people over the age of 50 Older people in the UK are increasingly returning to work, according to new research[1]. The cost of living crisis is now affecting many pensioners drastically. The research also found that the proportion of older people who are self-employed has more than doubled over the […]
Healthy pension pot
Ways to maximise the value of your retirement savings If you’re aiming to build a healthy pension pot to fund your retirement, there are a few key mistakes you’ll want to avoid. These can set you back and make it harder to reach your goals.
Effects of inflation
Being aware of how it can impact your retirement plans When it comes to planning for your retirement, one important factor to consider is the impact of inflation on your future pension income. While the cost of living will obviously increase over time, the rate of inflation can have a significant impact on how far […]
Start saving early and often
What kind of lifestyle do you want to maintain? How much you’ll need to retire depends on a number of factors, including how long you expect to live in retirement and what kind of lifestyle you want to maintain.
Embracing early retirement
‘Enjoy more freedom while still being physically fit and well enough to enjoy it’ The traditional retirement age is no longer what it used to be. More and more people are choosing to retire early, and there are a number of reasons why this is becoming increasingly popular.
Cash may not be king
Choosing what to do with your pension is a big decision If you’ve been saving into a defined contribution pension (sometimes called ‘money purchase’) during your working life, from age 55 (age 57 in 2028) you need to decide what to do with the money you’ve saved towards your pension when you eventually decide to […]
Combining multiple pension pots into one single pot
Simplify your finances and make it easier to keep track of your retirement savings If you have ever changed jobs, moved homes or had a company you worked for change ownership or close down, then you know how easy it is to lose touch with your pension savings provider. This can happen for a variety […]
Accumulating a nest egg
Why saving enough for retirement is challenging for many people One of the biggest financial challenges people face is saving enough money for retirement. There are a number of factors that can make this difficult, such as low income, high living costs and unexpected expenses.
Golden years
Pensions represent our biggest single source of private wealth As we live longer and fewer of us have the security of a final salary pension, it’s more important than ever to think about our retirement income.
‘Home is my Pension’ generation
People using property to support their retirement lifestyle The significant increase in property prices in recent years has likely shifted many people’s expectations about the role property wealth will eventually play in supporting their retirement. With people spending longer in retirement, one of the challenges that many need to overcome is how to fund it […]
