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...
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...
The lifetime allowance for pension savings reduced from £1.5 million to £1.25 million on 6 April 2014. If your pension savings totalled more than £1.25 million on or afte...
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....
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...
When you save for a pension, you should regularly review how it’s invested. And as you get older, you should probably change your investment strategy to reduce risk as retirement draws closer. ...
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. ...
Lifetime ISAs (also known as LISAs) are a new type of ISA created to help people save for their first home or retirement. If you take out a Lifetime ISA, the Government will give you a bonus worth 25%...
Want to know more about Lifetime ISAs? In this guide, we answer some of the most frequently asked questions. Do my Lifet...