When planning for retirement, there are several key decisions that you'll need to make in order to ensure a comfortable retirement. What are your options? How much will you contribute? When will you take your benefits? How much tax you will pay?
Our pension guides are designed to provide you with comprehensive support and guidance throughout the process, helping you to navigate these decisions with confidence.
Find the Best Pension Providers
Private pensions are retirement savings plans that savers set up, and contribute to, by themselves. They are one of the most popular ways of securing a comfortable life in retirement, and most financial institutions offer some kind of private pension scheme.
January 12th, 2024
A drawdown pension can come in handy during retirement as it allows the holder to draw money from their pension pot as and when they need it. With the right drawdown pension plan, it’s possible to achieve maximum long-term growth with minimum risk. In this guide, we will be looking at the best-performing drawdown pensions available to help you make the best decision for your financial future.
February 14th, 2024
A self-invested personal pension (SIPP) is a type of private pension scheme designed to give individuals more control over their retirement savings and investment choices.
November 10th, 2023
Your child might be decades away from retiring – but helping them build their pension early on will help them have a sizable pot once they reach retirement age. With the ability to deposit up to £3,600 per year without paying income or capital gains tax, a junior SIPP account is an excellent way to do so.
October 31st, 2023
A limited company pension provides a tax-efficient way for the company to build your pension pot for retirement. According to the latest data, most companies in the FTSE 100 channel between 7.5% and 11.5% of the director’s salary to their pensions.
October 19th, 2023
You don't have to stick with whatever provider your workplace set up for you. Our collections bring together the UK's finest institutions – explore your best options today.
Learn How Pensions Work
When you leave an employer, any benefits that have been accrued in your pension will not be lost, as the fund actually belongs to you. This means that even though you are no longer working with that particular company, you will remain a member of their pension scheme and your money will stay invested as it was prior to leaving.
October 19th, 2023
Regardless of your current financial situation and how young you are, building a substantial pension pot is essential. People work throughout most of their lives, and their retirement is the only time they can kick back, relax, and enjoy the benefits of their hard work.
November 10th, 2023
What is (hopefully) one of the cheeriest of occasions, retiring abroad, can and often is soiled by an endless amount of paperwork and one big question: whatever will happen to my pension? It seems daunting, but once you understand the process, you'll see it's not rocket science. Here, we explain how it works.
October 18th, 2023
It's generally possible to transfer your pension to another provider and this could be a great way to save more money and get the most out of your pot. In this guide, we'll look at how you can transfer your pension, your eligibility to do so, and any other factors to consider before taking the plunge.
October 19th, 2023
The key to successful retirement planning is understanding the options available and finding one that works for you. Whether you're an employee or a self-employed individual, having a pension plan is a secure way to ensure you will have a steady stream of income during your retirement years.
October 19th, 2023
Pension planning can be a handful — but with workplace pensions, you can leave some of the hard work to your employers. As the name suggests, your employer provides you with a workplace pension to help you save for retirement.
November 10th, 2023
According to the Pensions and Lifetime Savings Association, the average UK pensioner needs at least £12,800 a year to meet the minimum living standard.
November 10th, 2023
Are you looking for a flexible and controllable way to invest your pension savings? If so, you might want to consider a self-invested personal pension (SIPP). Unlike traditional pension plans, SIPPs give you the freedom to manage your investments in a hands-on manner and invest in a variety of assets, including stocks, bonds, and mutual funds.
October 19th, 2023
With so many different options and applicable tax rules, pensions can be hard to crack on your own. Here, we aim to demystify the entire process and help you make informed decisions.
Make the Most Out of Your Savings
Are you looking for ways to minimise the tax burden on your pension? Understanding the intricacies of pension taxation is essential for optimising your retirement income.
November 9th, 2023
If you have held different jobs from multiple employers, this thought might have crossed your mind how many pension pots do I have now? How do I combine them? The term pension consolidation is just that – it’s the process of combining, or consolidating, all your pensions into a pot that rules them all.
October 19th, 2023
Self-invested personal pensions (SIPPs) and personal pensions are popular retirement-planning options in the UK. And yet, many Brits know little about these concepts. To help you out, we cover the fundamentals of SIPP and personal pensions, how they stack up against each other, and what you should consider when making a decision.
October 19th, 2023
Saving for your future is essential, but finding the right way to invest your money can be overwhelming. For example, should you pay into an ISA or a pension plan? Let's down the options and find out.
October 19th, 2023
House prices have been on the rise for many years, and it's no wonder why so many people are turning to property as an investment option. However, investing in a pension or increasing pension contributions can also be incredibly beneficial as they are supported by government tax relief. So, which one is the better investment – pension or property? Let's find out!
November 10th, 2023
Choosing between a Lifetime ISA or pension could be your golden ticket for retiring in style, so let’s learn about the ins and outs of these long-term saving instruments.
October 19th, 2023
Before you start planning trips you want to take in your golden years, you need to ensure there will be enough gold in that pot. You probably have a workplace pension already, but you can explore self-invested personal pensions if you feel a bit more adventurous.
October 18th, 2023
With a little work, you can maximise your gains derived from your pension pot and find the best roadmap for your specific needs.
