Category

Category: Pensions.
THE AVERAGE PERSON NEEDS AT LEAST £260,000 FOR RETIREMENT

According to recent research (2), the amount needed to fund a comfortable retirement, when someone opts to stop work at 65 and decides to buy a single-life annuity with... Read more

PENSION WITHDRAWALS HIT 2.3BN

There’s growing evidence that pensioners are treating their pension pots more like bank accounts. In the second quarter of this year, savers withdrew £2.3bn, according to data produced by... Read more

Drawdown – A Popular Choice, But Advice Is Essential

Income drawdown is where you leave your pension pot invested and take an income directly from it, instead of using the money in your pot to buy an annuity... Read more

Over £40 Million Stolen From Pensioners

Police reports show that since the introduction of the pension freedoms, more than £43m in retirement savings has been lost to fraud. Concerns have been raised in parliament, and... Read more

ONE IN THREE RETIREES WILL HAVE TO RELY ON THE STATE PENSION

The Financial Conduct Authority recently carried out research* into the financial arrangements of just under 13,000 consumers in the UK. The results make for worrying reading. One of the findings... Read more

Addressing your personal finance weak spots

No matter what age you are it’s likely you have a financial weak spot. In fact, it’s pretty much inevitable, no one’s financial armour is infallible. What steps can... Read more