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    Pension Analysis

    What is a defined benefit (DB) pension scheme?

    What is a defined benefit (DB) pension scheme?

    Defined benefit pension schemes explained A defined benefit (“DB”) scheme is a type of pension where income at retirement is pre-defined. Instead of saving up a pot of pension money, investing it and hoping for positive results, a DB pension

    reviewmypensions January 31, 2021January 31, 2021

    Diageo Pension: Scheme Spotlight

    diageo pension scheme

    The Diageo Pension Scheme While Diageo’s stock has been selected as one of AJ Bell’s best buys for 2021, we explore their defined benefit scheme. The Diageo pension is one of the healthiest defined benefit schemes in the UK. Its

    reviewmypensions January 9, 2021March 2, 2021

    5 Reasons to Review Your Pension

    pensions in focus

    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

    reviewmypensions January 3, 2021January 3, 2021

    Bupa pension scheme closed to ALL members

    Bupa pension scheme closed

    Bupa confirm closure of defined benefit scheme The Bupa Pension Scheme (TBPS DB) will close to all members from 31st December 2020. Bupa proposed the DB scheme closure earlier this year. In late November 2020, the consultation period ended with

    reviewmypensions December 23, 2020December 23, 2020

    Why appoint a financial adviser?

    financial savings plan cost

    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,

    reviewmypensions December 11, 2020January 4, 2021

    10 Important QROPS Questions

    QROPS questions

    10 Questions to ask before you transfer to a QROPS Considering a QROPS transfer? Ask your adviser these important questions. Don’t be shy in grilling a financial adviser. It’s their job to ensure you understand their proposals and why (and

    reviewmypensions December 6, 2020December 6, 2020

    Pension Focus: British Airways APS & NAPS

    British Airways pension scheme

    My BA Pension British Airways’ defined benefit pension offering is split into two, the ‘Airways Pension Scheme’ and the cleverly named, newer, ‘New Airways Pension Scheme (NAPS)’. There’s a wealth of detailed scheme information available at mybapension. We’ve extracted some

    reviewmypensions December 3, 2020December 3, 2020

    RPI downgrade bad news for pension scheme members

    change to RPI

    Change to RPI will affect DB pension scheme members Yesterday (25th November 2020), HM Treasury reported their response to the Consultation on the Reform to Retail Price Index (RPI) Methodology. The Retail Prices Index (RPI) is the oldest measure of

    reviewmypensions November 26, 2020November 27, 2020

    Learn the language of pension jargon

    pension jargon glossary

    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

    reviewmypensions November 23, 2020November 24, 2020

    NEW! UK State Pension Income Calculator

    UK state pension calculator

    Calculate your minimum UK State Pension, instantly Sometimes you’re just looking for a quick estimate. Our UK State Pension calculator estimates the minimum you should be eligible for from the UK State Pension. We develop our calculators in-house to best

    reviewmypensions November 17, 2020November 17, 2020
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    This website contains financial guidance and should not be seen as financial advice.

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