What to consider if you are approaching your retirement

Posted on December 18, 2013 by - Retirement, Uncategorized

MAKE SURE YOU HAVE ENOUGH INCOME TO PROVIDE FOR YOUR NEEDS IN THE FUTURE

Sooner or later we will retire, and the decisions we make today are the ones that will determine the standard of living we will enjoy in the future. If you are approaching your retirement there are some very important choices you need to make that will determine how much income you live on once retired. (more…)

Pension consolidation

Posted on December 18, 2013 by - Uncategorized

BRINGING YOUR PENSIONS UNDER ONE ROOF

Most people, during their career, accumulate a number of different pension plans. Keeping your pension savings in a number of different plans may result in lost investment opportunities and unnecessary exposure to risk. (more…)

Self-Invested Personal Pensions

Posted on December 18, 2013 by - News, Retirement, Uncategorized

TAKING MORE CONTROL OVER YOUR PENSION FUND INVESTMENT DECISIONS

If appropriate to your particular situation, a Self-Invested Personal Pension (SIPP) could be another option to consider if you require the flexibility to choose where your pension money is invested. SIPPs are now also open to people of lower incomes – not just those with commercial property. (more…)

Occupational workplace pensions

Posted on December 18, 2013 by - Uncategorized

‘SO WHAT DO I DO WITH MY MONEY?’

There are two main types of occupational workplace pension schemes:

Defined-contribution pension schemes
A defined-contribution (DC) or money-purchase pension scheme is one that invests the money you pay into it, together with any employer’s contribution, and gives you an accumulated sum on retirement – with which you can secure a pension income, either by buying an annuity or using income drawdown. (more…)