Pensions ‘’freedom & reforms’’ – why review my pensions and is ‘’flexi access drawdown’’ the best option for me?
Typical questions for advisers and providers on pension freedoms – According to recent research, some of the most frequently asked questions are: What happens to the money in my pension if I die? What are my pension options? When can I access the money in my pension? How do I access my pension? Can I […]
Over 50s ‘lurching like zombies’ towards retirement The over 50s aren’t adequately preparing for retirement because they’re daunted by the prospect, a survey reveals. Six in 10 (61%) haven’t requested a state pension forecast so they’re missing out on information about the level of income they’ll receive. This is despite this money being the main […]
Active Member explained In its most simple terms an active member of an employment based pension scheme will be someone: who is employed who is a participating member of any of the pension schemes associated with that employment who continues to build up pension benefit in that scheme and from that employment. An active […]
Twenty financial things to do – (which may not require a financial adviser) 1 – Work out your debt freedom day If you have unsecured debt (such as credit cards or personal loans), then your financial planning priority needs to be clearing this debt as soon as possible. The cost of servicing unsecured debt out […]