The end-goal of scammers is to persuade you to transfer your pension savings to a place where they can get their hands on your cash. They don’t care who you are or that their scam could ruin your [...]
Thinking about the amount of money you need to retire can be daunting, but it’s important to have a savings target in mind to fit your desired lifestyle in retirement, that you can work towards. Analysis of government [...]
The abundance of retirement resources and advice available, while useful, comes with a challenge in itself - knowing which information you can trust. Long story short, it can be somewhat difficult to really know what’s what. In this [...]
Pensions can be a tax-efficient way of passing on your wealth because they are usually exempt from Inheritance Tax. Find out more about your options here. What is Inheritance Tax? Inheritance Tax (IHT) is a tax on your [...]
Many people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost of living soaring. In these circumstances, it can be difficult to think about your long-term finances [...]
Following the Chancellor’s Spring Budget announcement, Jeremy Hunt is going to abolish the Lifetime Allowance (LTA) to encourage people to continue working and avoid retiring early. The LTA is the maximum anyone can contribute to a pension - [...]
Build tax relief and tax-free growth into your retirement and pension planning and pay into your pension today, before the end of the tax year in April 2023. If you’re in a position to add to your savings, [...]
Inflation and your pension lifetime allowance In the UK, the pension lifetime allowance has been frozen at £1,073,100 until 2026, rather than rising with inflation. This could become an issue for investors who are set to build up [...]
When it comes to investing your assets, there’s always a risk. Even if you decide to do nothing and hide your cash around your house, there’s still the risk that it will lose its value due to inflation. [...]
Planning for your pension is one of the most important financial decisions of your life. Yet, for many people, it’s also one of the easiest to put off. The age when you want to retire always seems a [...]
Retirement used to be straightforward. At the age of 65, or 60 for women, most individuals retired from work completely, and the law allowed companies to enforce the age at which people ceased employment. That is no longer [...]
