The single most important decision you can make to help realise your long-term goals Retirement planning involves making your plans for the future now – that means investing your money with the aim of maximising its value ready for when you retire. Careful retirement planning, the right mix of assets and starting sooner rather than… Continue reading Making the right retirement plans
Category: News
Question time
Why planning for your future retirement requires answers We all look forward to stopping work, embarking on a new path and making the most of our new-found freedom. But with all the talk and concern about dwindling retirement funds and our shaky economy, many retirees and soon-to-be-retired boomers need to consider three very important questions,… Continue reading Question time
New intestacy rules aim to make things simpler and clearer
Why the consequences could be far-reaching for you and your loved ones Significant changes to existing intestacy rules came into force on 1 October 2014 in England and Wales, with the aim of making things simpler and clearer. The consequences could be far-reaching for you and your loved ones, and while there are increasing entitlements… Continue reading New intestacy rules aim to make things simpler and clearer
Care fees burden
It’s a fact THAT more of us will require specialist care in our later years Today, the cost of care is a major concern for many people, with the average level of pension savings unlikely to be enough to cover any long-term care requirements in addition to providing a retirement income. Catching people off guard… Continue reading Care fees burden
State Pension changes on the horizon
Over half of the UK population are unaware of government plans Over half of the UK population are unaware of government plans to reform the State Pension and the impact that will have on them, according to recent research[1]. Among the 55 to 64-year-old age group, 32% are unaware of the changes. The study found… Continue reading State Pension changes on the horizon
Pension tax charge abolished sooner rather than later
New rules will simplify the existing regime from April 2015 The Chancellor, George Osborne, has brought forward the expected announcement on the tax charge that applies to certain individuals’ pensions on their death. The new rules will simplify the existing regime and come into force from April 2015, abolishing the 55% tax that applies to… Continue reading Pension tax charge abolished sooner rather than later
Retiring in good health
How new pension fund rules could increase life expectancy With the news that the tax charge on pension funds will be removed before age 75, some commentators have suggested that over 90% of people retiring in good health should expect to live beyond age 75. For someone with moderate levels of health issues, over 80%… Continue reading Retiring in good health
Workplace challenges for older workers
One in three could not carry out current jobs past their traditional retirement age Employers estimate up to a third of their staff would struggle to continue in their current jobs past traditional retirement ages, research for MetLife Employee Benefits[1] shows. Its nationwide study found HR directors believe that, on average, 31% of their current… Continue reading Workplace challenges for older workers
Sandwich generation
Filling in the family gaps With an ageing population and increasingly more children living at home for longer, more and more people are joining the ‘Sandwich Generation’, having to fund family at both ends of the spectrum, such as their parents and children as well as themselves. Pressure to keep earning It is estimated that over a million Britons… Continue reading Sandwich generation
How bright is your future?
Millions of over-40s expect to carry on working until they physically can’t continue One in five Britons admitted that they are planning to ‘work until they drop’ in order to have a comfortable retirement, a study from Aviva has revealed. Worries about being able to afford their ‘ideal retirement’ means millions of over-40s are expecting… Continue reading How bright is your future?
