Years ago, our parents and their parents secured one job when they left school and stayed with that role for the entirety of their employment lifetime. Today, it’s almost mandatory to bounce around from pillar to post in the working world, quite literally, for a number of good reasons. The net result of this however…
In 2014 access to the state pension was increased from age 65 to 66, with access increasing to age 67 in 2021 and age 68 in 2028.
We discuss the variables that should be considered when looking at individual pensions – v – pension schemes and the tax benefits associated with paying into a pension.
We look at some of the factors surrounding how pensions may be affected by Covid-19 and some of the decisions you may need to consider during this time.
It is so important to start a pension. It helps minimise the amount of tax we pay over our life and gives us a pot of money to draw from in retirement.