Search Results for: pensions

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A Simple Guide To Pensions In The UK

  For the average person in the UK, the world of pensions can be very confusing. In this article we’ll cover the basics and give you a solid grasp of the options available to you today. No matter how they’re structured, all pensions have the same objective – to help you save your income and provide you...

Annuity v. Income Drawdown: Will Your Pension Last?

Annuity v. Income Drawdown: Will Your Pension Last?

  Last year in the UK, substantial changes came into effect with regards to pension payouts. At the age of 55 or over, you can now use your pension pot as you see fit – without the previous limitations based on the amount you have in it. Those who have retired can now choose to withdraw...

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Could Home Equity Release (Lifetime Mortgage) Be The Best Way To Fund Your Retirement?

With delayed retirement, uncertain economic stability and growing inflation, could Home Equity Release provide the financial benefits retirees are seeking? Over the past decade, our idea of what constitutes retirement has altered dramatically. Far from the traditional view of retirees content to while away their twilight years with few interests beyond gardening, the generation of...

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A Simple Guide To Earning 100% Of Your Salary As A Retirement Pension

We’ve all heard of “final salary pension schemes” – most often enjoyed by public sector employees and those who have worked for large corporations for a long period of time. The common misconception is that these pensions are simple and very generous – the pension you receive when you retire is the same as the salary...

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Is Cashing In Your Pension A Good Or Bad Investment?

Final Salary Pension Schemes are the envy of many workers in the UK; they have long been regarded as the most generous pension scheme available, and are enjoyed by millions of workers from the public and private sector alike. Over the past decade, however, these schemes have become increasingly unavailable to the vast majority of workers, resulting...

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How To Retire A Millionaire On Just A £27,600 Per Year Salary

  As of 2015, the average salary in the UK was £27,600. Most people hope or expect to have an annual income of £12,590 after they retire. That is what they believe they can comfortably live on after retirement.   First the bad news….   By the time most people reach middle age, they have...

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