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Pensions

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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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Pensions
April 21, 2022

Early retirement: how to avoid running out of money 3>

As financial planners, perhaps the most common question we receive is: “How do I keep myself from running out of money when I retire?” This is understandable. In retirement, you no longer rely on a…
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InvestmentsPensions
February 21, 2022

The Lifetime Allowance: a short guide 3>

There is a limit to how much you can save into your pension(s). Yet many people are at risk of unwittingly exceeding this threshold (the “Lifetime Allowance”, or LTA) – leading to a punishing tax…
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Pensions
January 10, 2022

Interest rates & annuities in 2022 3>

Have you wondered about the best way to fund your future retirement? Broadly speaking, a pension pot is commonly used in one of two ways to provide an income. The first is to go into…
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Pensions
December 9, 2021

How might working from home affect retirement? 3>

Prior to COVID-19 in 2020, working from home was gaining popularity in the UK. In 1981, only 1.5% reported that their role was mostly remote, but by 2019 this stood at 4.9%. Following the Government’s…
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Pensions
October 12, 2021

Pension tips when retiring abroad 3>

The thought of retiring overseas can be exciting for many people. Better weather, great cuisine and new experiences can be found in many popular expat locations including Spain, Australia, Turkey, Cyprus and Thailand. Expatriating, however,…
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PensionsSavings
September 23, 2021

Small & big pension pots – do annuities beat drawdown? 3>

Increasingly, investors want to know the impact that their investments are having on the world – not just the returns they generate. “Responsible investing” (sometimes also called ethical and ESG investing – environmental, social and…
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Pensions
August 4, 2021

How to spot a pension liberation scam 3>

Here in the UK, the phrase “pension liberation” usually refers to a type of scam. Here, fraudsters try to trick people into believing that they can access their pension funds before the age of 55.
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