1. Pension planning costs Pensions come in many different shapes and sizes. A pension plan can be expensive, carrying layers of unexpected costs and hidden charges. A fundamental part of a professional review is to ensure you’re not paying more
Why appoint a financial adviser?
When and why should I appoint a financial adviser? With most banking and investment plans now offering high quality online management, people are increasingly inclined to manage their own finances. Cash accounts and guaranteed savings, like current accounts, cash ISAs,
Plan your retirement travel experiences!
6 Travel ideas for your retirement plan We might be in the middle of a global pandemic; with lockdowns and travel restrictions aplenty, but can we dare to dream? Why not whet your appetite for travel – plan your retirement
Claiming Pension Death Benefits
UK Pension Death Benefits Private and company pensions often carry a financial death benefit. The person/s entitled to claim, and the way in which payment is taxed, can differ. Death benefits are dependent on the type of pension held. Claiming
Top 10 Retirement Goals
Why are the first 5 years of retirement the most expensive? It’s important to consider your retirement goals and what you will be wanting to do when you stop work. We always hear “I won’t know what to do with
Head to Head: Defined Benefit Scheme v SIPP
What are the differences between a defined benefit scheme and a private pension? Below is a head-to-head comparison of a typical final salary scheme against a SIPP. Basically, the difference is in functionality and control. The DB scheme offers a
Calculate your retirement age!
Introducing our new retirement age calculator Use our free pension retirement age calculator to find out when you can afford to stop work! Our calculator projects your current funds and regular savings, comparing this to how much money you need.
Pensions & Divorce
Pension Planning & Divorce: Separating Pension Assets It’s important to understand how pensions work across life’s major twists and turns. Without emotion, let’s discuss pensions & divorce. The Value of Pension Assets Pensions are a long-term investment vehicle and valuable
5 Ways to Avoid Lifetime Allowance Tax
5 Planning Tips to Avoid the Pension Lifetime Allowance (LTA) Tax Here, we discuss the top 5 key planning techniques to protect pension funds and avoid pension LTA taxes. The techniques below are safe and sensible. We wouldn’t recommend clients
Are my pension savings enough to retire?
Can I afford to retire, yet? This is probably the question everyone wants answered. Is your retirement plan on track and are your savings realistic to your needs? Have you compared your existing savings to a target retirement? It’s important