Getting to grip with the numbers
Most people, during their career, accumulate a number of different pension plans. Keeping your pension savings in a number of different plans may result in lost investment opportunities and unnecessary exposure to risk. However, not all consolidation of pensions will be in your best interests. You should always look carefully into the possible benefits and drawbacks and, if unsure, seek professional financial advice.
Research highlights existing gap between awareness and prioritisation
Having a clear understanding of your protection requirements and the importance of getting the right professional financial advice are essential, and they will be of increasing significance from April when working age welfare support for mortgage interest and bereavement benefits are scheduled for reform.
You now have more options than ever before to help you find a solution
For many people, retirement now represents an opportunity to realise life-long ambitions, pursue new passions or help family members with their income needs. Since pension freedoms, you now have more options than ever before to help you find a solution.
Concerned about the financial aspects of retirement planning?
With all the talk and concern about dwindling retirement funds and our shaky economy, many retirees and soon-to-be-retired boomers are concerned about the financial aspects of retirement planning. These are 10 steps to give you a brighter retirement.