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…
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…
Retirement planning: Will you have enough to live comfortably when you give up work?
If you have recently been automatically enrolled into a workplace pension, you should be feeling happy with yourself, staying opted in, making contributions and building your pension fund feels great. But it might not be…
Four things to help you feel more financially secure when you retire
Unsure about your financial stability in retirement? You’re not alone. Just under half (46%) of people due to retire in 2018 feel that they are financially underprepared for retirement, according to Prudential. That is despite…