Pensions advice

Brewin Dolphin: The crisis has hit my income – should I cash in on my pension?

You can use your retirement savings pot as you wish from age 55 – rising to age 57 from 2028, the government recently confirmed. Yet while this offers flexibility, you need to think carefully before dipping into your retirement funds, or you could trigger unexpected tax charges or whittle away your funds too quickly. Here [...]

Retirement tips for the Covid-19 crisis

Be patient and consider retirement strategies - Even before most of us had heard of Coronavirus, only 25% of Brits felt confident that they would have enough to retire on without needing to supplement their pension. The impact of the Coronavirus pandemic on the global stock markets has resulted in the average pension fund value falling [...]

Close up of a happy young family playing at home

The Importance of investing early

Originally published on hsbc.co.uk Your twenties are a time when there are almost too many goals to save for. You may want to buy your first home, purchase a car, or save up to travel the world in the future. Whatever your goals, and whether your plans are short term or long term, they all [...]

New year, new opportunities

Our top tips for financial planning in 2020, highlighting the recent updates to pensions.

Changes to the tapered annual allowance

How will changes to the tapered annual allowance affect you? Find out more about how these rule updates can effect your pension.

ABI warns against ‘Pensions panic’

With lockdown causing financial worries for many families, the ABI is warning people not to see their pensions as a quick way of raising cash, and to think twice before making any rash financial decisions during this uncertain time.

A young couple looking at their financial plans

Can I transfer my pension to another pension?

If you’ve had more than one job, you may have multiple workplace pensions and find it difficult to keep track. You may be better of switching your scheme, and moving your pension.

What is a pension transfer value (cash equivalent transfer value)?

Ready for retirement? If you have a Defined Benefit (DB) pension with your workplace, you could receive an annual income for life. But if you want more control over when you receive your money, you may need to transfer out of your scheme in order to access your funds. Deciding whether to transfer your pension, [...]

If you’re self-employed, is your State Pension at risk?

Self-employed workers tend to have lower levels of pension savings, and a greater reliance on the St...

The financial planning requirements of James Bond, Harry Potter and Doctor Who

We take a look at the finances of three fictional heroes from the UK and discuss how financial plann...