Pension tax relief - one of the most powerful tools for building a retirement pot in 2025-26. Not only can it boost your wealth growth over years of contributions, but it can also help people to save on taxes in […]
There are reports of many over-55s taking their tax-free pension lump sum ahead of the Autumn Budget in November. This is partly driven by fear that the Chancellor might change UK pension rules, such as the tax-free lump sum, to […]
Should you “combine” your pension pots? For millions of people, managing their pensions can feel overwhelming. The average person is estimated to have 10-12 jobs across their working lifetime. Each job can bring its own pension “pot”, potentially leaving you […]
In April 2027, a big change is set for pensions. At that point, unused pension funds will fall under an individual’s estate when they die. In short, this could leave them subject to inheritance tax (IHT), whereas previously defined contribution […]
You’ve likely heard the old refrain - “investments rise and fall over time”. Yet, few people grasp the importance of when these movements occur. In particular, what happens if the market falls just as you are about to retire and […]
Retirement may seem far away, but your choices today could massively affect your quality of life once you reach your 50s, 60s and beyond. Whilst it may be tempting to put off planning your pension, it’s vital to think of […]
Will you really have enough to retire? According to a 2024 study, 74% of British people are not on track to maintain their current standard of living in retirement. Many people are simply underestimating how much they need in their […]
How good is your workplace pension? For many employees, their workplace scheme is their primary tool for building retirement savings. However, it is really important to make sure it’s on track to meet your life expectations when you retire. It […]
Pensions are a powerful tool for providing a retirement income. Yet, what happens to your pension when you die? Can your loved ones expect to inherit anything? In this guide, our financial planners at Castlegate explain how pensions work in […]
One of the best gifts you can give a child (or grandchild) is a good start in life. Yet what about their “later life”? One day, your loved one will hopefully enjoy a long, comfortable retirement. By setting up a […]
The State Pension costs the British government a huge amount of money. In 2022-2023 alone, it cost £110.5bn. This is expected to grow to £124bn in 2023-24 as the “triple lock” system raises the State Pension by at least 2.5% […]
There is a lot of media speculation about pensions at the moment. Some newspapers are sounding the alarm that a tax raid may be coming in the Autumn, when the Labour government is expected to release its October Statement.
Castlegate Financial Management Limited is registered in England No. 2077374. Registered Office: 8 Castlegate, Grantham, Lincolnshire. NG31 6SE. Authorised and Regulated by the Financial Conduct Authority. FCA No. 169777.
