Redundancy can be challenging and stressful, often creating uncertainty about the future. However, it can also signal the beginning of a positive new chapter in your life. For many, this transition period offers a unique opportunity to reflect on personal and professional goals and consider new directions that might have previously seemed unattainable.
Continue reading “Redundancy and your pension”
With interest rates much higher than they’ve been for many years, using your pension tax-free lump sum to pay off your mortgage might initially seem prudent. Reducing your monthly outgoings can be appealing, particularly if you’re approaching retirement and looking to streamline your financial commitments.
Continue reading “Should you use your pension lump sum to pay off your mortgage?”
More than half (54%) of UK retirees foresee themselves working beyond their preferred retirement age, extending their careers by an average of seven years, according to a new report[1]. This concerning trend highlights a significant gap between the age at which people wish to retire and the financial realities dictated by their pension savings.
Continue reading “The retirement gap”
In recent years, the rise in remote work, significantly accelerated by the global pandemic, has given many individuals the flexibility to work from virtually anywhere. Coupled with a mounting cost of living crisis, this newfound freedom has led many people to contemplate the prospect of moving abroad.
Continue reading “The rise of remote work and moving abroad”
Thousands of mothers who have missed out on their full State Pension entitlement due to calculation errors have begun receiving letters from HM Revenue & Customs (HMRC) to address this oversight.
Continue reading “Could you have been underpaid the State Pension?”
