PensionsRetirement
May 30, 2023

Are annuities a good option in 2023? 3>

What is the best way to generate a reliable income in retirement? Broadly speaking, you can use your pension savings in two ways – buy an annuity, or keep the money invested and take gradual…
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Pensions
April 21, 2023

Overwhelmed by pension info? How an adviser can help 3>

A recent study by Standard Life revealed that 50% of people feel “overwhelmed” by pension information and two in five people have no idea what to do next with the information they do have. Retirement…
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Pensions
March 20, 2023

How does pension tax relief work? 3>

Pension tax relief is a system designed to encourage people to save towards their retirement. Yet how does it work, exactly? How can you best use it to boost your savings and achieve your long-term…
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Pensions
February 10, 2023

Insights for women and pension planning in 2023 3>

Planning for retirement is unique to each person. Yet women tend to face common, distinct challenges which need addressing to secure their financial future in later life. In this post, our Grantham financial planners explain…
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Pensions
December 12, 2022

The Autumn Statement and your pension 3>

There has been a lot of change in the UK’s political realm since the summer. Three Prime Ministers and two budgets from separate chancellors. It is little wonder that many are confused about their pension…
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Pensions
October 6, 2022

Don’t panic about your pension 3>

The Bank of England (BoE) recently intervened in the UK bond market to try and “save” pension funds from collapse. At Castlegate, we understand that this has caused some to worry...
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PensionsRetirement
September 5, 2022

Is Buy to Let better than a pension for retirement? 3>

Britain is unique in Europe for its love of home ownership. In 2018, 65.25% of Britons owned their own property – up from 65% the year before. The idea of buying a property, living in…
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Pensions
August 23, 2022

Should I defer my State Pension? 3>

You do not have to start taking your State Pension as soon as you reach State Pension age (i.e. age 66 in 2022). Instead, you can choose to defer it – potentially allowing you to…
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Pensions
July 5, 2022

A short guide to taxes on pensions 3>

After a career of paying taxes, you can be forgiven for thinking you do not need to pay taxes in retirement. However, this is not usually the case. In the UK, pensions are subject to…
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Pensions
June 24, 2022

Is a public sector pension the best type? 3>

Recently the media has spoken of the “great pension divide”, with private sector workers getting as little as £3 in retirement for every £1 saved. Public sector employees, however, receive as much as £10. This…
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