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…
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…
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…
The death of Annuities has been exaggerated; Three tips for making the right choice
Annuities have undoubtedly fallen out of favour among new retirees. Since the Pension Freedom reforms in 2015 broadened the options available when accessing pension funds, the popularity of Annuities has fallen by 75% (Source: Association…
The gender pay gap: even pensions are not immune
By the age of 50, men’s pension pots are double the size of women’s, according to research from Aegon. Why? • The gender pay gap • Differences in working hours • Family responsibilities What is…
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…