Retirement Planning | Page 3 of 8 | Castlegate | Plan Today, For All of Your Tomorrows

Hunt's promise to boost pensions by £1,000 - will you benefit?

Chancellor Jeremy Hunt has promised to “boost” pensions by £1,000 through a series of pension reforms which mirror the Australian and Canadian systems. Yet how meaningful are these measures...

Retirement Planning

How do personal pensions work? Your questions answered

Personal (or “private”) pensions can be a valuable retirement planning tool to help you reach your long-term goals. Yet what are they and how do they work? In this guide, our Grantham financial planners explain...

Retirement Planning

Are annuities a good option in 2023?

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 withdrawals when needed (income drawdown)...

Retirement Planning

Overwhelmed by pension info? How an adviser can help

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 planning can, indeed, be complex and one key role of a financial planner is to explain it in a clear, understandable way. Below, our Grantham team explain some of the key pension information to know in 2023 and how a financial adviser can help you with the next steps.

Retirement Planning

How does pension tax relief work?

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 financial goals?

Retirement Planning

5 reasons to seek financial advice in retirement

Retirement could last 20 years or more depending on your retirement date and how long you live. Seeking financial advice can help you get the most from these years – maximising your savings and income...

Retirement Planning

Insights for women and pension planning in 2023

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 why women often lag behind

Retirement Planning

The Autumn Statement and your pension

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 and how new policy changes might affect them.

Retirement Planning

Returning to the workforce: a short guide for retirees

With the cost of living crisis biting into people’s incomes in 2022, it is understandable that many currently in retirement are looking to go back into the workforce. Others may wish to re-enter the world of work for more emotional reasons (e.g. finding a sense of purpose).

Financial Planning, Retirement Planning