Will my retirement income be enough to live on comfortably?

Welcome to our latest edition of Smart Money.

At the time of writing this issue, Sajid Javid had resigned as Chancellor of the Exchequer with less than a month to go until Budget Day. His replacement, Rishi Sunak, will deliver the Budget on 11 March 2020.

Some of the questions our clients always ask us are: ‘Will I be able to retire when I want to? Will I run out of money? How can I guarantee the kind of retirement I want?’. It’s been well documented that many Britons aren’t saving enough in their pension for retirement. Our feature in this issue looks at the pension saving options available to you to best plan your retirement (page 8). Alongside this, we’ll be considering how best to boost your pension pot (page 4), how portfolio diversification can protect your investments in a volatile climate (page 6), and how to ensure your legacy for your loved ones (page 7). With the end of the tax year looming, remember to take advantage of your tax-efficient ISA allowance before it’s too late, read more on (page 12).