Whether you are Annie or Aretha it is safe to say that you are taking the pretty serious role of retirement planning by storm, much in the same way as Lennox and Franklin did for music. Women are not only playing a major role in the workplace and paying their way but they are also…
Category: Getting serious
Take positive steps with your planning
Sex equality may not be all it is cracked up to be!
There are major changes afoot that will affect pensions for those coming up to retirement from the end of the year. The Gender Directive is set to land on 21st December 2012 and this will mean that annuities can no longer be offered on a single gender basis. Potentially men will suffer most as providers…
Ski instructors need to plan their pensions too
Once the Easter holidays are over this marks the end of the year’s ski season meaning ski and snowboard schools will begin to wind down. The British contingent of ski instructors and stagiaires, high altitude guides and off-piste experts will be planning to leave the slopes in readiness for the summer. Winter work means…
Small pots with nowhere to go?
Converting your hard earned pensions savings in to an annuity at retirement is anything but simple. Get it wrong and it could cost you thousands of pounds throughout your retirement, and so taking expert advice at the point of no return is a priority. Accessing advice where you only have a small pot is another matter. Some advisers are…
It’s official; not only has the UK an aging population but the fastest growing age group is for those aged 85 and over!
If you are looking for a reason to save for retirement the recent data produced by the Office of National Statistics (ONS) may provide you with all the incentive you need. The ONS document entitled ‘Population Aging in the United Kingdom’ reveals some startling statistics about the regions of the UK and comparisons with EU countries. The report states…
You need to get your skates on if you want to invest in pensions before the end of the tax year!
March is upon us and spring around the corner, which should serve as a reminder of the end of tax year deadline. So whether you are serious about building a pension pot or taking the first step to planning for retirement, there is just over one month for you to pay this years contribution before…
Improving transfers and growing big fat pension pots
Transferring a company pension from an ex-employer to a new arrangement has never been the easiest of tasks. Normally the pension provider, on behalf of the company, issues a ‘leaver pack’ written in pensions technical ‘jargon’ that more often than not is filed away until retirement. It is no wonder workers have built up a string…
Planning to down tools now?
Retirement is often considered the holiday of a lifetime or the chance to rest and rewind after a busy career. The State provides only a meagre pension and so the pension plans and company schemes you have been paying in to for many years should provide for the little extras when you retire. If you…
Once a Frozen Pension always a Frozen Pension
In the distant past, when a member left a final salary or career average scheme, the pension earned was frozen. This meant the pension was left to wither on the vine rather than enjoy the returns on the money invested. Anyone with an ounce of sense would expect the right to a stream of deferred pay to at…
Getting serious now rather than later could secure the retirement you deserve
Public sector workers are making a stand, State Pension is under threat and world markets are in disarray. Newspaper headlines are full of one pension scare after another! So will there be enough in the pension kitty when you eventually come to retire? You should be concerned! After all you work long and hard enough…