Since April 2011 there has been no such thing as a legal retirement age. You can basically retire as young or as old as you like. Fantastic if you are someone that values freedom of choice. Scary if you have no idea how to plan for retirement. So, is there such...
What happens to your pension when you retire will depend on what type of pension you have. Usually, nothing happens immediately and you have the choice as to when you take your pension and how you use it. In this article, ‘retirement’ assumes you are above minimum...
If you have a defined benefit pension did you know that you don’t need to wait until ‘normal retirement age’ to take the benefits? Receiving your pension income early could mean you can retire early! There is a catch though. As the pension will be paid for longer...
It’s been a pretty quiet week for stock markets as all of the world’s major markets ended up with a positive return. In the UK, we found out that unemployment rose to 4.1% during the May-July quarter. Up from 3.9% from the previous quarter. Whilst...
Changes to pension access are coming and if you are under 47 and wanted to be retiring by age 55 then you might need to think again. These types of rule changes are always something you need to be mindful of when saving into a pension. Governments over the years have...
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