The government service Pension Wise offers free guidance on pension options, but is it the same as 'advice'? Here’s one way of looking at the difference between advice and guidance.
Retirement isn’t the end – it’s just another beginning. Join us as we explore the highways and byways of retirement income planning with our trusty guide Billy Burrows.
How can you plan your income for the next twenty-five years or more when you don’t know what next week will bring? What price security in such a fast-changing world? Pensions expert Billy Burrows returns with insights to help you take back control.
If you end up needing long-term care, the chances are you will have to fund most or even all of it yourself. When the costs can potentially spiral and eat into any inheritance you plan to leave behind, planning in advance is essential. What are your options? Article by Armstrong Watson Financial Planning. According to
A report by Royal London has revealed the battle faced by over a third of UK consumers. Day-to-day spending needs mean that many are finding it impossible to save for retirement. But there may be a solution in the form of one-off opportunities, if these can be identified in time: the savings ‘Moments of Truth’.
Numerous survey findings have revealed a gap between what people expect to spend in retirement and the actual income they are likely to receive. In particular, many are overestimating the state pension they’ll be entitled to. Armstrong Watson Financial Planning offers guidance on making a more realistic retirement plan. There probably isn’t a week that
Retirement age? What’s that? These days it’s not about a date but a timescale: you might gradually retire over five, ten or even fifteen years. We are now firmly in the era of phased retirement – and it’s largely thanks to pension freedom. Not only could it make your later years more stimulating, but it could also be a
New research suggests that homeowners are saving less into pensions than people who rent their properties. Some are clearly banking on their house as a source of money in later life – but when it comes to retirement, is property or a pension your best friend? Here’s a new one: if you own your own home, you
Soon you may be able to make an early tax-free pension withdrawal to pay for financial advice on your retirement choices. Why is the government proposing this option now, and why should you be interested? They say the early bird catches the worm. One easy-to-miss snippet in the recent Budget was a proposal to allow
What’s better than growing old gracefully? Staying comfortable and solvent as you do so. There’s an art to getting the later years spot-on, but with our quick list of things to remember you’ll have time to draw breath while you’re drawing your pension. Here’s a startling fact: most people retiring today will spend more than half as
The little ones have Father Christmas. What do we have? We make lists of what we’d like to do when we retire – but the only person who’ll deliver those gifts is us. Better start your tax wrapping now… Being retired is a bit like being a kid again – you have a lot more
Re – Mi – Do – Do – So! (If your musical notation is a little rusty, that’s the famous theme from ‘Close Encounters’). For many people, retirement can seem an alien place to be, but it’ll feel less like being dumped on another planet if you take these tips on board. (So do so.)
Pension freedom brings many more opportunities for you to be green-fingered with your money. We’ve done the groundwork to help you find the best ways to dig into your retirement savings. Bob has no intention of spending his retirement pottering around an allotment. But his nephew Gareth – who happens to be a financial adviser