Taking money from your pension? Five costly mistakes to avoid
Accessing pension funds early is not right for everybody. In fact, without careful consideration, it could lead to financial difficulties later in life. Data from Retirement Advantage shows that the amount people are taking from…
Are your parents or grandparents missing out on money they are entitled to?
Could your parents, grandparents or relatives be eligible for more financial help than they are getting? 60% of pensioners who own their own home are missing out on at least £1,000 in state benefits each…
Pension Freedoms: Ignorance isn’t bliss
“Real knowledge is to know the extent of one’s ignorance.” Attributed to Chinese philosopher Confucius, this timeless phrase has never been more apt than when applied to the topic of Pension Freedoms. A new report,…
Financial security could be the key to living ‘the good life’
For Tom and Barbara Good, ‘The Good Life’ meant ditching the corporate world and working towards a self-sufficient lifestyle. Over 40 years after the sitcom originally aired, people across the globe are still searching for…
Almost half of pensioners worry about running out of money
In the third quarter of 2017, 198,000 people made withdrawals from their pension funds under Pension Freedoms, 40,000 more than in the same period of 2016. Why is the demand for Pension Freedoms so high?…
50% of Baby Boomer generation could lose money by not updating their retirement age
A study by Dunstan Thomas shows that 51% of people aged 54-71 have not told their pension providers whether their retirement plans have changed since they first took out the policy. Why does that matter?…