The Time For Auto Enrolment Is Now

Pensions law for employers is changing. It is very important, as an employer, that you understand what you need to do and by when to avoid a fine.
The new pension regulations default scheme
Under the Pensions Act 2008, all employers regardless of how many people they employ, must auto-enrol their employees on a workplace pension scheme.

Thousands warned their pension may be at risk

Workers who were automatically enrolled into a pension at work may lose their savings.
Thousands of people who have been enrolled into a pension scheme at work could lose all their savings. The Pensions Regulator says the problem lies in the fact that some 'master trust' pension schemes may be too small to survive, while some may be being run by people who are not up to the task.

Self Invested Personal Pension

Is A Self Invested Personal Pension Right For You?
In the past two years, due to pensions reform, the UK pensions market has undergone radical change. Savers now have more autonomy and more choices now than ever before.

Whilst this is undoubtedly a positive development for many, it also means that savers need to be better informed than ever before about the benefits and potential downsides of different types of pension.

How Much Should You Take Out Of Your Pension Pot?

No one is as wise, prudent or capable of self restraint as they think they are.

When we think of a large sum of money, £100,000 say, we tend to think in terms of what it might buy: An incredible car, several years travelling round the world, a large new extension transforming our house into a dream home, or continued financial security in our old age?

The latter is, of course, less exciting, less glamorous, and less fun, but far more important, which is why, when savers became eligible to draw down their pensions, everyone urged them to exercise a degree of caution.

Preparing for Your Children Leaving Home

The late 1980s TV series “Home to Roost” saw Henry Willows (John Thaw) have his life turned upside down after his 18-year-old son Matthew came to live with him. Today practical economics has made adult children living at home a reality in many families.

Fancy Retiring to an Exotic Marigold Hotel?

In the UK today 40 percent of people consistently put away too little money each month to fund the cost of their retirements. Too many people simply spend for today being unaware that tomorrow waits for nobody.

Throughout the working lives for many of us the day on which we will need to draw on our pensions seems consistently far away.