Using different parts of one pension pot or using separate or combined pots
Under the new flexible pension freedoms rules, you can now mix and match various options, using different parts of one pension pot or using separate or combined pots.
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Buying an annuity
A regular retirement income for the rest of your life
One way to use your pension pot is to buy an annuity. This gives you a regular retirement income, usually for the rest of your life. In most cases, this is a one-off, irreversible decision, so it’s crucial to choose the right type and get the best deal you can.
Pension booster
Setting goals for retirement
Those who set tangible goals for the future could be £30,000 better off in retirement, according to new research.
Getting your affairs in order
What you have and what you want to happen to it
Everyone should have a Will, but it is even more important if you have children, you own property, you have savings, investments or insurance policies, or you own a business.
Don’t miss the ISA deadline
Time to take control over where your money is invested tax-efficiently
Each tax year, we are each given an annual Individual Savings Account (ISA) allowance. The ISA limit for 2016/17 is £15,240, rising to £20,000 in 2017/18. Anyone wishing to utilise their allowance should do so before the deadline at midnight on Wednesday 5 April 2017. The date marks the end of the 2016/17 tax year. It is a ‘use it or lose it’ allowance, meaning that if you don’t use all or part of it in one tax year, you cannot take that allowance over to the next year.
Millions change retirement plans post–EU vote
Turbulence in the economy has left many feeling confused
The UK’s decision to leave the EU has left over two million[1] people planning to change their retirement plans.
Looking to the future
Cost of essentials is the most common perceived threat to over-55s
While the rising cost of essentials is the most common perceived threat to over-55s’ standard of living over the next five years, concerns over falling returns on savings have risen to the highest point in almost three years, Aviva’s latest Real Retirement Report reveals.
Safeguarding wealth for future generations
New Inheritance Tax rules apply from 6 April 2017
Unforeseen life events and circumstances can potentially impact your finances in a number of ways. We can help you to safeguard your wealth for future generations.
Income investment strategies
Yield on equities and corporate bonds look understandably attractive
People are living longer. Simple demographics mean that supplementary income is no longer a luxury – it’s a necessity. Meanwhile, interest rates are at historic lows – even before you take account of inflation. So, relative to cash, the yield on equities and corporate bonds looks understandably attractive.
Career kick-start
Parents feel it is their responsibility to support their children
Despite footing the bill for further education, almost a quarter (23%) of parents worry that their children’s qualifications won’t be valuable in the workplace.
