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Seven pension myths busted: What savers often overlook about their retirement pot
Pension myths can catch out even the most experienced savers. As part of Pension Awareness Week, we break down seven of the most common misconceptions holding people back from maximising their retirement savings. At a glance Even experienced pension savers can get...
Everything you need to know about tax in retirement
Do you, or don’t you, have to pay tax in retirement? Some of your income may be taxable, and some may be tax-free. These are the key tax traps you should know about to stay on top of your taxes. At a glance Paying tax when you’re retired is quite different to paying...
Essential guide to annuities: what you need to know for retirement planning
In an uncertain world, we like certainty. And an annuity can offer just that – a guaranteed regular income for as long as you live, or as long as you need. Having a regular annuity coming in each month can bring the same sense of reassurance and security that your...
When do I need to start saving for retirement?
By age 30, you should have the equivalent of a year’s salary in the bank or in your pension.By 50, you should have six times your salary in your retirement savings.A financial adviser can give you retirement savings advice, support and strategy that will put you on...