EVEN IF RETIREMENT ISN’T FAR AWAY, THERE ARE STEPS YOU COULD TAKE TO INCREASE YOUR EVENTUAL RETIREMENT INCOME. THIS APPLIES BOTH TO YOUR STATE PENSION ENTITLEMENT AS WELL AS TO ANY PERSONAL OR WORKPLACE PENSION POTS. We’ve provided some areas to consider that you may wish to discuss with us to help you to meet [...]
Self-Invested Personal Pensions (also known as ‘SIPPs’) are being used by a rising number of private investors keen to take control of their retirement planning. First introduced in 1989, SIPPs have evolved into the favoured investment vehicle for individuals seeking more control and flexibility in their retirement planning. SIPPs are a form of pension available to all investors who choose to invest into [...]
Making sure you have enough money in retirement to enable you to spend your time the way you want to, doing those things you always intended to do, is likely to be at the heart of planning for your retirement. DON’T KNOW WHERE TO START We are all living longer, the State Pension Age is increasing and pensions legislation [...]
The 2015 Pension Freedoms gave us greater flexibility over our retirement options, but the reforms have also made retirement choices much more complex. This means we need to start thinking about our retirement earlier. However, half of respondents aged 45-54 to an LV consumer survey didn't think about retirement at all last year. Given the [...]
Retirement is undoubtedly a thought-provoking time anyway, but Britain’s exit from the EU appears to have added to the difficulties of retirement planning too, causing many with existing retirement plans to action changes. Findings from LV=* research has revealed that, of those approaching retirement, more than one in four (27%) have changed their retirement plans [...]
Are you thinking about retiring but aren’t sure where to begin with your plans? This checklist offers some tips on what things you should consider before taking the plunge to retirement.