Posted on January 9, 2020 by admin - Uncategorized
Self-employed would back new laws to expand retirement savings
For the self-employed, even if the will to save for retirement is there, the way can be problematic. Self-employed workers want Government help to save for retirement and would back new laws to expand auto-enrolment or to make saving for retirement compulsory, new research[1] shows.
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Posted on January 9, 2020 by admin - Uncategorized
Savers should think twice before using their pension to purchase property
From age 55, you have the flexibility to choose how you take money from your pension. But pension savers risk throwing away thousands of pounds of their hard-earned savings if they use their pension to purchase a second property.
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Posted on January 9, 2020 by admin - Uncategorized
There’s a lot to look forward to
In your 50s, it’s important to make retirement planning a priority if you haven’t done so already. At this age, retirement is no longer a distant concept, and time is short if your plans aren’t on track.
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Posted on January 9, 2020 by admin - Uncategorized
Record high despite £78k pension pot gender gap
Women in the UK are better prepared for the future than ever before, with 57% now saving enough for their retirement – the highest proportion recorded in 15 years. A recent report[1] shows that average savings amongst women are up 4.6% since 2007/08, equating to an additional £5,900 in income every year of retirement.
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Posted on January 9, 2020 by admin - Uncategorized
One in five self-employed and contract workers unable to survive a week without work
We’re a nation of entrepreneurs with a record number of self-employed people now working in the UK. The world of work has changed enormously over the past 20 years. Being self-employed, freelance or working on a contract basis has become the norm for all sorts of professions.
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