Financial independence is a cornerstone of gender equality. Yet a majority of women are letting it slip through their fingers, by not saving enough into their pensions. But why do so many women overlook retirement planning – and what should you be doing about it? That women earn less on average than men will come
As part of the TaxAction 2016 campaign, unbiased.co.uk and Prudential have released a new guide. Find out how and why your pension is so effective at saving you unnecessary tax. In early 2016 the headlines were full of the Panama papers, amid speculation as to who had been trying to trim their tax bill. The irony is,
If you’re thinking about joining the ranks of the ‘silver landlords’, Steve Carlson of Carlson Wealth Management has plenty for you to think about. In the first of a two-parter, he compares the benefits of buy-to-let property with simply drawing money from a pension. So which is better – pension or property? I’m sure
We’re a year into pension freedom, and the UK is starting to get a feel for the new way in which pensions work. If you plan to take your pension within the next five to ten years, make your choices easier with these tips and rules of thumb. If you’re planning to retire in the
How can you tell at a glance if it’s a scam or genuine financial advice? Here’s a side-by-side comparison so you don’t end up losing your pension to a con-artist. Last April pension freedom was introduced, giving people unprecedented access to their pension pots from the age of 55. This has been almost universally welcomed
When you reach 55 you gain your pension freedom – and with great freedom comes great responsibility. How ready are you to make the choices that will shape the whole of your retirement? Find out by taking our not-really-a-quiz below… Ever since April 2015 we’ve all been able to make our own choices about how we access our pensions. But
Last April saw the arrival of the biggest pension changes for a generation. Everyone was granted freedom to access their pension pots from the age of 55. So what have people been choosing to do since then? And are they making the best choices? Twelve months ago, Chancellor George Osborne lit the blue touch paper
The LIfetime ISA has launched, allowing tax-free saving with bonuses, both for a home and for retirement. It sounds similar in some ways to a pension, but what are the key differences? Find out in our direct comparison. Article by Nick Green.
In part 1 of this article, ‘Crunching the numbers’, we compared a drawdown scheme with an annuity, and the level of return needed for the drawdown scheme to be the better option. In part 2, retirement options expert William Burrows considers how well this might hold up in real life. Welcome back! If you’ve read
It’s the retirement dilemma of our age: do you play it safe with a steady income for life, or take a higher risk in the hope of receiving more? Retirement options expert William Burrows cuts through the speculation by offering up some hard figures, to help you make up your own mind.
A decision on your pension can take only a moment, but you might have three decades to regret it. New market figures suggest that many people just aren’t giving this process the necessary attention, and could be damaging their retirement prospects. Your pension is important – so handle with care. Everyone knows the story of the goose that laid golden eggs.
Tired of the same old diets and detoxes? Then it’s time to try something completely different. Whatever your age, let 2016 be the year you get to grips with your pension – because you’ll thank yourself in years to come. There’s nothing like a New Year to remind you of the passage of time (who’s
A steady income for life or flexibility plus risk? Retirement options expert Billy Burrows weighs in to the debate over the two main pension options: an annuity or flexi-drawdown. It’s the trickiest question of the age as far as personal finance is concerned: just what is the best way to use your pension savings? Pension