Tag: Pension Contributions
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Start early to plan for retirement.
We live in a time when the state pension age is increasing, the number of DB (Defined Benefit) Pension Schemes open to new members is decreasing, and more and more individuals will rely on DC (Defined Contribution) Pension Schemes in their retirement. As a result of Auto Enrolment, it’s true to say the more people…
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Claire Trott: Public still has it wrong on pensions versus property
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. This survey has been run numerous times in recent years and it…
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Industry Voice: I’ll think about my pension next year
“I’ll think about my pension next year”. It isn’t unusual for clients to make this statement. Often they think they can leave it until they have more money, have paid off the mortgage, built up the business and so on. That strategy used to work. However, the reduction in Annual Allowance (AA), removal of year…