Pension advice is crucial for those considering transferring a pension – especially those in an occupational pension scheme who are being encouraged to transfer by an employer. Care is needed, though, as the standards of pension advice vary widely, and are still causing concern to the Office of Fair Trading (OFT).
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Pension advice crucial in pensions transfers
Monday, April 19th, 2010Pension planning rises again, says L&G
Thursday, April 15th, 2010
Pension planning is on the minds of savers again, with 1 in 3 people thinking of setting up private pension schemes this year, compared with just 1 in 5 a year ago, according to Legal and General.
Widespread apathy hits women’s pensions – Scottish Widows
Friday, January 8th, 2010
Neglecting our pension and retirement planning appears to be an almost universal fault these days, but women’s pensions are more likely to be ignored than men’s, according to new facts from Scottish Widows.
Time for a spring clean of your insurance policies?
Thursday, June 4th, 2009Do you still have a black and white tv? Of course not! Didn’t they go out in the 1970s? These days, you are most likely enjoying the state-of-the-art, high definition flatscreen you bought this year. Is the same true of your personal finances and your financial planning?
In other words, is your ‘financial technology’ as up to date? Perhaps you have not looked over the bag of financial products you bought ten years ago, and which have been gathering dust in the attic ever since.
Pension advice: Starting a pension
Thursday, May 14th, 2009There are no short cuts to building a decent pension. Start early, and save hard. The basic state pension is less than £5,000 a year, and with the average retirement now spanning 20 to 30 years, there has to be more cash ‘in the pot’. For a full pension, a woman must have 39 years [...]
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