We’ve added a FULL pension jargon glossary! Half the work in planning retirement is wading through financial jargon. As we recently discussed, the DWP appear to have recognised this, and are working to compel pension providers to better explain themselves
Celebrate the weekend with our Pensions & Animals Quiz
World’s First Pensions & Animals Quiz Take a break from the hard slog of planning your retirement to scratch up on some really important facts. Do you know your alligators from your annuities? Can you spot the difference between a
NEW! Pension Knowledge Test
FREE Online UK Pension Knowledge Test Our quick quiz consists of 5 pension technical questions for you to test yourself on, with instant results. We’re keeping a large bank of questions behind the scenes so keep playing if you want
What is a risk profile?
What is an attitude to investment risk? If you’ve ever taken advice, or used online tools to invest within an ISA or pension, you’ve probably heard the term ‘risk profile’. This is a term so common in the advice industry
Guaranteed Minimum Pension (GMP) Explained
Understanding the Guaranteed Minimum Pension (GMP) Benefit This is where we get to stretch our pension-geek muscles a little. Buckle in. GMP benefits are a form of ‘contracted-out’ benefit. If you ‘contracted out’ of the UK State Pension, that means
Hybrid Schemes Explained
What is a hybrid pension scheme? A ‘hybrid’ pension scheme is one which carries both defined income benefits as well as a pension ‘pot’. It is a mixture of a private plan with a defined benefit scheme. Most hybrid schemes
Guaranteed Annuity Rates (GARs) Explained
What are Guaranteed Annuity Rates? Pensions with ‘safeguarded benefits’ are not always final-salary or career-average defined benefit schemes. A UK pension plans can have one or several of a number of different kinds of safeguarded benefit. A safeguarded pension benefit