What does the rise in Workplace Pension contributions mean for you?
If you have been automatically enrolled into a Workplace Pension, the minimum contributions made by you and your employer to your Workplace Pension have increased. Before April, the minimum stood at 1% of qualifying earnings…
Minimum pension contributions rise: what do you lose by opting out?
What does £98,000 mean to you? For some, that’s the deposit on a new house, for others it’s financial security and the knowledge that they will not have to worry about their income in retirement….
Four ways Pension Freedoms has changed retirement
The way pensions are accessed at the beginning of retirement has changed since the introduction of Pension Freedoms in 2015. The reforms mean that those aged 55 and over are less restricted in their ability…
Are you in a financially compatible relationship? …And does it matter?
Almost two thirds (60%) of people believe that financial compatibility is one of the most important factors in a successful relationship, according to Scottish Widows. But what is financial compatibility? Like any part of a…
Knowing your goals: How to plan your retirement around the things that matter to you
Research from Scottish Widows has shown that the top priorities for those planning for retirement, are generating an income (41%), and having flexibility over that money (40%). Other goals came in much lower, with the…
Knowledge is power: Do you know what your pension is worth?
According to research from the Financial Conduct Authority (FCA), most adults are not paying enough attention to their pension, leading to difficulties in retirement. Pause for thought The report shows that many people are not…