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Getting retirement ready
- 4th August 2023
- Posted by: shayne
- Category: Retirement
No CommentsKey steps to achieving a comfortable retirement A comfortable retirement is a common financial goal, and contributing to a pension is essential to achieving it. Although retirement may appear distant at the moment, there’s much to consider. Let us assist you in navigating this crucial life milestone. By planning ahead and making smart decisions about
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Giving retirement a second thought?
- 3rd April 2023
- Posted by: shayne
- Category: Pension, Retirement
Over a third of OVER-55s think they will work beyond their state pension age We are witnessing a surge in the number of people giving retirement a second thought due to inflation rates and the cost of living crisis. Not only are more individuals looking to work beyond their State Pension age, but some are
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Rising prices can wipe years off retirement pots
- 3rd March 2023
- Posted by: shayne
- Category: Retirement
How to protect your pension income against inflationary pressures For anyone feeling the effects of rising inflation rates, it’s important to ensure that your retirement fund isn’t significantly impacted. While this can be challenging in such an uncertain economic climate, there are measures you can take to ensure that your savings don’t suffer. Here are
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‘Phased retirement’
- 1st February 2023
- Posted by: shayne
- Category: Retirement
Pre-retirees starting their plans but will rising living costs halt their plans? Retiring early is a dream for many people and it is achievable for people who have been able to plan, save into a pension over a long period and taken financial advice to help them plan their finances. However, it can become a
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Don’t abandon pension contributions as prices rise
- 5th December 2022
- Posted by: shayne
- Category: Pension, Recession, Retirement
Savers could miss out on thousands of pounds in retirement As the cost of living continues to soar, with inflation reaching a 40-year high, the impact on household finances is taking its toll. But it is essential to try to maintain a savings habit even in the current climate. The impact of any breaks in
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Working 9 to 5
- 7th November 2022
- Posted by: shayne
- Category: Pension, Retirement
More over-65s are still working than six years ago More people in the UK aged between 65 and 74 are still working compared to six years ago, new research shows[1]. The findings show there’s a marked increase in the number of people over 65 who remain in the workforce compared to 2016, and a fall
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Is retiring to the sun still possible?
- 1st November 2021
- Posted by: shayne
- Category: Pension, Retirement
Or has Brexit dashed the dream? Some of us have had enough of the inclement weather in the UK, and dream of retiring somewhere warm and sunny. We often talk about it for years, fed up with the same old routine, the same journey to work, the same things at work, and a desire to
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The pensions lifetime allowance
- 2nd June 2021
- Posted by: shayne
- Category: Pension, Retirement
How might the big freeze affect you? Most people get nowhere near breaching the pensions lifetime allowance, but that’s likely to change over the next five years. The lifetime allowance is currently £1,073,100. This is a limit on the amount of pension benefits you can withdraw from all of your pension schemes – whether as
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Is it time to get a pension review?
- 5th February 2021
- Posted by: shayne
- Category: Pension, Retirement
Time to take stock after recent market volatility. Pensions have come a long way in the last 20 years. Innovative products like stakeholder pensions have reduced costs, auto-enrolment has increased accessibility, and self-invested personal pensions (SIPPs) have boosted investment choice. These advances have been tempered by regular tinkering with pension rules by various governments, sometimes
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Can you afford to live to 100?
- 7th March 2020
- Posted by: shayne
- Category: Retirement
Can you afford to live to 100? Increasing longevity equates to longer retirement. Going back 30 or 40 years, retiring at the age of 65 and living off of your state pension for the rest of your life was doable. Mind you, life expectancy was much lower in the 1980s. For example in 1988, the
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