One of the trickiest parts of retirement planning is working out how much to pay into a pension. We explore what to consider ...
For many, early retirement means stopping full time work in your mid to late 50s - or around ten years before the age at ...
A £100,000 pension pot can now secure a significantly higher retirement income through annuities compared to recent years.
Your gains themselves are sheltered from tax thanks to being within a pension, but unless you paid any new contributions into ...
The first 25% of your pension pot can be taken tax-free ... you have no plans to touch your money in the next five years Pathway 2: you plan to buy an annuity within five years Pathway 3 (the most ...
The state pension will rise by 4.1 per cent in April 2025, bringing the weekly payment to £230.30. This increase is based on ...
Worried about not having enough money to retire on? Regular investment in a Self-Invested Personal Pension (SIPP) could be ...
Budget, Chancellor Rachel Reeves announced that defined contribution pension pots will be included in estates’ inheritance tax liabilities from ...
Drawdown schemes allow you to take sums out of your pension pot while the rest stays invested. So what are the advantages and risks of doing this, and what schemes will be on offer? We investigate ...
Annuity rates determine how much income you'll get. For example, if you have a pension pot of £100,000 and the annuity rate is 5%, you'll get an annual income of £5,000. Here we explain what ...
UK residents can leverage the incredible benefits of the Stocks and Shares ISA to create a retirement fund separate from ...