Demand for children’s pension plans has jumped by 62% in the last year, as parents see value in a tax-efficient, long-term savings option for their child’s future. In the shorter term, parents are also giving their child peace of mind, while others of the coming generation may struggle to arrange their retirement planning.
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The Government has announced that the default retirement age of 65 will finally go forever in October 2011. The new proposal means that you cannot be dismissed by your employer simply on the grounds of having turned 65, and provides greater flexibility and scope, when planning your retirement.
Continue to base your pension planning on retirement at 65, even if you are hoping to work into retirement, says Friends Provident. Health or other issues could well shatter your plans for a longer working life. Click headline to read more.
Over 33m UK adults (68%) say they have put retirement planning on hold, and will not give up work on their official retirement date, according to the new Real Retirement Report by Aviva.
As you celebrate your 40th birthday, your GP may well recommend that you call to his surgery for a mid-life healthcheck. You have also reached a watershed in your financial life cycle. If you had your first job at around 20 years of age, and are hoping to retire at 65, then this is the [...]
As a firm of Independent Financial Planners we get a lot of new clients saying they have been disapointed and/or disheartened with previous investments or pensions. This has affected their long term opinion on investment funds, whether they have had their funds in a pension or general investment structure, such as an ISA, PEP or [...]
