Increasing transparency in pensions’ information

You know you have a problem when the Minister for Pensions and Financial Inclusion, Guy Opperman says: ‘For too long pensions have been shrouded in complexity and technical jargon, limiting people’s understanding of their savings and hampering their retirement planning.’ To be fair, I completely agree with him and make him absolutely correct! Historically pension […]

The age at which you can access a private pension may increase from 55 to 57

What seems like a lifetime ago, in 2014 the government announced that it was planning to increase the age at which someone can access their private pension (including their workplace pension) to age 57 from age 55. This is due to be implemented in 2028. Although things have been quiet on this topic since 2014, […]

Protecting your Coronavirus Interruption Loan

The CBILS has been designed by the government to support the continued provision of finance to smaller businesses (SME’s) who have and are experiencing lost or deferred revenues, leading to disruptions to their cashflow as a result of the Covid-19 outbreak. The scheme supports a wide range of business finance products, including terms loans, overdrafts, […]

Should I transfer my pension?

One of the most common questions that we get asked as advisers is, Can I transfer my old Pension into my current Workplace one? We find the initial motivation behind wanting to transfer pensions into one arrangement is usually to keep their affairs in good order with everything under ‘one roof’. However, for some people, […]

How do I view my pension information online?

Most people in the UK these days tend to have online access for their bank accounts which we can see via a desktop PC, tablet or mobile phone. This is access is really useful as it allows us to track our own money and understand in an instant, what funds we have. Although slow to […]

How Long is a Piece of String?

Richard Grover discusses how current experience could be a good way to consider what you need for a comfortable retirement.

Business Owners – How secure is the future of your business?

The outbreak of Coronavirus has left many people asking about life assurance and whether their existing cover is sufficient in the event of the unthinkable happening. More often than not there are no issues with cover being satisfactory, but we would always recommend that if you have concerns, you should ask your adviser or insurer […]

How Long Is A Piece Of String?

How Long Is A Piece Of String? Typically, the main queries I’m asked as a Pension Adviser from members of Workplace Pensions tend to revolve around the level of income that they may need in retirement. How much is enough? What is the average? What do others do? These are the commonly asked questions and […]

Pension Contributions – What Basis?

Pension Contributions – What Basis? Automatic Enrolment legislation has now been around for 7-8 years and apart from the big FTSE companies and large SME’s who were likely to have already had established pension arrangements, I don’t think it’s unfair to say that ‘some’ pension arrangements may have been set up a little hastily with […]

A Goal Without A Plan Is Just A Wish

A goal without a plan is just a wish We all dream, don’t we? Sometimes these dreams are good dreams, sometimes they are not so good. We tend to wake after a dream with thoughts on what has just happened, asking ourselves, what the hell does that mean and often, how can I make that […]