Combining pensions involves the strategic amalgamation of multiple pension pots into a unified fund, streamlining retirement planning and financial management. This process is particularly relevant for individuals who have amassed various pension plans throughout their careers, including workplace pensions from...
Need help understanding pension basics? This guide from Prudential offers advice on what a pension is, how pensions work and more.
research report produced by Cass Business School argues that most people are better off drawing down, rather than annuitising.In 2014 the UK Government announced proposals to allow people to withdraw money from their pension pot from age 55, subject to their marginal rate of income tax in that...
SIPP stands for self-invested personal pension, which is a type of pension that gives you greater control over your pension investments. Learn more about SIPPs here.
Combine alifetime of savingwithinvesting mania, and any rare splurge on a fancy meal or even a modest holiday felt like scrumping apples from an orchard. I had growing resources at my back. But I had no desire to deploy them. Spending money just seemed to create hassle, anyway. A new ...
Okay, I’m not dead but I’ll soon wish I was. Let’s combine the income tax layer cake with a simple case study to illustrate our FI calculation. Enter an aspiring millennial FIRE-ee known asThe Agglomerator. This young upstart wants to hit FIRE as soon as possib...