Pensions
What to do with public and private pensions
How much does a ‘comfortable’ retirement cost?
From time to time we see tables published exploring how much we need in the way of an annual income in retirement to be able to enjoy our senior years. Here are the latest conclusions. Pensions and Lifetime Savings Association One analysis can be found in the Retirement Living Standards, published by the Pensions and […]
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Understanding Your Retirement Income Needs: How to Calculate Your Retirement Expenses
Collaborative Post Just imagine: you’ve been working hard during your prime of life and now you can finally slow down and live your life. But, unfortunately, 1 in 4 Americans who are 59 or older are nearing retirement with no savings. There can be various reasons, but first of all, such a situation can be […]
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Revealed: Most Googled pension queries
Collaborative Post Getting to retirement can be a beautiful thing. You have the opportunity to enjoy the fruits of your labour, spend more time with family and loved ones, see your children and grandchildren grow, or just kick your feet up and enjoy some rest – that’s if you’ve planned your retirement and pension well. […]
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Never mind the triple lock – what’s happening with company and private pensions?
For many of us pensions are something we’re already receiving or expect to receive in the next few years. But what’s happening to their value in these challenging times? Nim Maradas, who is a trustee of a large pension scheme, has kindly taken the time to explain how different pensions work, and what we can […]
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Turmoil, cost of living and pensions
What is happening on the pensions front in the UK this autumn? I started writing this update on pensions a couple of weeks ago, and much has happened since then. With the arrival of Liz Truss as prime minister and Kwasi Kwarteng as chancellor in the UK, the plan to increase national insurance payments has […]
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Underpaid State Pensions affect 134,000 people
In the continuing sage of the people who were underpaid State Pensions to the tune of £1billiion, it’s now thought that around 134,000 mostly women have been affected. The catalogue of errors that created the shortfall, uncovered originally by This is Money, has been heavily criticised by the National Audit Office. The problem has seen […]
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What happens to my pension if I move abroad?
Collaborative Post Moving abroad is an exciting step, particularly if you are moving for a happy, sunny, peaceful retirement. However, one of the more stressful aspects of making a big move abroad is sorting out your financials. Exchange rates, purchasing a home in your chosen destination and opening a new bank account can all be […]
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How to claim a lost pension
Update. A useful article written in February 2020 on how to track down missing pensions. Written by Rebecca Lenton Once your parent passes retirement age it’s likely they’ll be living off a number of pension pots. With most people moving jobs an average of 11 times during their working career it can be easy to […]
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