Pensions – review your investments
When you save into a pension it’s important to think about where your money is invested and to review your investments regularly. As you get older and retirement draws closer, you should probably ch...
When you save into a pension it’s important to think about where your money is invested and to review your investments regularly. As you get older and retirement draws closer, you should probably ch...
Pensions don’t automatically ‘sort themselves out’ when someone dies. It’s possible that a spouse or another beneficiary might benefit. But the amount claimed depends on the type ...
Getting tax relief on pensions means some of your money that would have gone to the government as tax goes into your pension instead. You can put as much as you want into your pension, but there are a...
Choosing a financial adviser might seem daunting but if you need help with a financial decision it’s worth persevering. A good adviser can save you money and a lot of worry. The key to findi...
If your adviser has gone bust and you’ve lost money because of their negligence, you might be able to get something back through the Financial Services Compensation Scheme. Check your...
Pension transfers can be complicated and there are a lot of things to think about before going ahead. You need to consider your own situation carefully and in some cases take regulated financial ...
If there’s a problem with your pension, there are organisations that can help. This guide tells you who you can complain to and what you can expect. ...
The lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge. This gu...
A pension transfer from a defined benefit (salary-related) pension scheme means giving up your scheme benefits in return for a cash value which is invested in another pension scheme....
Pension scams are on the increase in the UK. Every day fraudsters are using sophisticated ways to part savers from their money and the internet and advances in digital communications mean these kinds ...
When you’re coming up to retirement you have lots of decisions to make, not least how to convert your pension pot into retirement income. In this guide we explain why you should get help an...
Pension release (also known as pension unlocking) means taking money out of your pension pot(s) before age 55. If you do this you will almost certainly get a huge tax bill and you coul...
To make sure you’re on track to meet your retirement goals, it’s important to review your pension savings and estimate the income they’re likely to generate in retirement. If...
Once you’ve decided to start saving into a pension, you’ll need to choose where to save. There are many different providers to choose from, but your first task will usually be to select the type o...
Even if retirement isn’t far away, there are steps you can take to increase your retirement income. This applies both to your State Pension entitlement as well as to any personal or...
Most people find they have a shortfall when they come to check their current pension savings. If this applies to you, use our ready reckoner, below, to estimate how much extra you need to sav...
It’s essential that you review your pension situation regularly. If you find you have a shortfall, the need for action is clear. If your retirement savings are broadly on track, you can still take s...
Pensions might seem complicated but the basic idea is a simple one. It’s worth understanding their benefits, because your State Pension – while providing a foundation – may not be enough to live...
In order to plan for your retirement, you need to figure out how much income you’ll get from all your pensions, including workplace or personal plans, as well as the State Pension. It’...
If you’re looking to invest, buy a financial product or plan for the longer term, whether or not you need financial advice will depend on a number of factors such as what product you are looking for...
You might have one or more different types of pension. Understanding which you have is important because it affects the decisions you need to make as you approach retirement. ...
If you’ve divorced or dissolved your civil partnership, or if you’re in the process of doing so, you may find you have less to retire on than you expected. Find out ho...
If you’re unhappy with the service you got from your bank, financial adviser or any other financial company, it’s often easy to sort out. If talking things through doesn’...
Our free printed guides are designed to help not for profit and public sector organisations, as well as commercial organisations, helping people to make informed money choices. If you’re an i...