Poor stock market performance has hit investments hard over recent months. This can be a real problem if your pension is in a drawdown scheme. Find out how the market might affect your retirement income - and what you can do about it. Article by Nick Green.
Research has found some pension providers may charge you up to 10 per cent of your pension pot just to access the money. This in turn could severely restrict your retirement options. How can a financial adviser help you avoid this trap? Article by Nick Green.
What is it about pensioners and parachutes? We turn 55 and feel suddenly compelled to fling ourselves from high places strapped to an outsized duvet cover. But by a neat coincidence, skydiving can teach us a crucial lesson about retirement. Article by Nick Green.
How will you set up your pension when your retire? Will it be something plain and simple, or a trickier (but more flexible) arrangement? These days it’s become harder to make your retirement plans take off – so find yourself a good co-pilot. Article by Nick Green.
If you have a final salary workplace pension scheme, what happens to it if your employer goes into administration? The Pension Protection Fund exists to safeguard the benefits of members in these circumstances - but how reliable is it? Article by Nick Green.
In which a youthful Gentleman of Casual Bearing has an Unsettling Encounter with an irascible Festive Spirit, which in its wisdom Enlightens the young fellow with Useful and practical Pension Advice. Story by Nick Green.
Have you been offered the chance to transfer your defined benefit (final salary) pension? But do they insist that you take advice first? Then be glad about that – because it’s for your own protection.
Whenever the government or the media talk about the State Pension, you’ll generally hear the phrase ‘triple lock’ being used. It sounds like a good thing, and it is - but not everyone knows exactly what it means. IFA Carl Roberts of Wealth and Tax Management unlocks its mysteries.
Europeans have a pension problem – just 27 per cent of those under 59 have any pension savings at all. But plans are afoot for a pan-European personal pension (PEPP) – designed for those whose work takes them through multiple EU countries.
Many employer pension schemes now include a Death in Service benefit. But should the worst happen, this apparent perk may cause even more grief for your family if you don’t plan ahead. What are the risks and how can you avoid them? Article by Armstrong Watson Financial Planning.
If you’ve made a will, well done. But the job’s not quite finished yet. Many people don’t realise that wills don’t cover pension pots – so you need to make separate arrangements. Chartered Financial Planner Carl Roberts explains.
Saving into your pension is known as the ‘accumulation’ phase. How much you can save up depends on many factors – but you have more control over these than you think. Neil Adams of Drewberry Wealth explains how you should ‘calculate to accumulate’.
If you think life is looking more and more like Tales of the Unexpected, don’t despair. It’s still possible to take control of your own future – by understanding how pension freedom works. Ian Hartley, financial planning consultant with Armstrong Watson, shares some power tips.