Types of Pension Plans
UK Pension Effected after Brexit
UK Pension Effected after Brexit After the UK decision to leave EU, it also effects the UK Pension Funding. Clearly this election has impact the market and all funding positions of UK Financial Scheme which also includes funding positions of DB pension schemes and the long term impact remain to be seen. Hymans Robertson has…
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1 in 10 Over 50s Plan To Carry On Working
Older workers are clinging on to work instead of falling off the retirement cliff when they reach pension age, according to new research. Around one in 10 workers have no intention of retiring – especially if they are already over 65 years old, says a study by Co-op Funeralcare and Co-op Legal Services. Although…
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Over 55s Miss Best Deals After Cashing In Pensions
Over 55s cashing in their pension pots are not shopping around for the best deals when investing their savings, according to new figures. In the first three months of flexible access to pension funds, financial firms have paid out £2.5 billion. Around half the money was taken as cash and payments averaged £15,000, says…
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£400 Million Locked Up In Frozen Pensions
Saving enough money for a comfortable retirement is tough enough without having money locked away in a frozen pension that is forgotten. Hundreds of thousands of retirement savers have money in lost pensions. At the latest count the amount of cash adds up to at least £400 million mostly left behind when workers changed…
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Pension options for expats as retailers go bust
British expats have to weigh up their pension options if they have funds with a British high street retailer. Two big high street and retail park brands have collapsed into administration this week, joining a list of well-known names that have disappeared over recent years British Home Stores has a £571 million pension black…
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How To Save Money By Combining Pensions
Savers are confused over the benefits of pension consolidation and how putting their pots under one roof can save them money and boost their retirement incomes. Despite the advantages of putting several pensions together as one fund, millions of savers have never investigated if combining their pots could give them more money. Research by…
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