But for many of us with multiple pensions, it can be difficult to know where to begin. Here we look at how you can find an old or lost pension, and whether transferring your pensions into a single pension pot might be right for you....
The Life Mag: Money Matters - How to Grow Pension PotRead the full-text online article and more details about "The Life Mag: Money Matters - How to Grow Pension Pot" - Birmingham Evening Mail (England), June 26, 2001Birmingham Evening Mail (England)...
Check your statement to find out. An easy way to estimate how much your pension is worth is to multiply the annual income you’ll receive by 24 (the average number of years spent in retirement). For instance, if you had a final salary scheme that will pay you £8,000 a year, ...
Find out more about the personal pensions we offer. Ready-Made Pension This may be for you if you want to save for retirement and don’t want the hassle of managing it yourself. Self-Invested Personal Pension (SIPP) This may be for you if you are confident to make your own investment ...
If we discover that an old pension provider charges an exit fee of more than £10, or that your pension comes withspecial benefits or guarantees, we'll ask your permission before we complete the transfer. On average, pension transfers can take around 12 weeks to complete. But, if you’...
Around 44% of those who save regularly are more satisfied with their life as a whole, according to a Money & Pension Service’s Financial Wellbeing survey. Check out our tried and tested money-saving tips, tricks and tactics and you'll be amazed at just how much you can squirrel away...
The State Pension age in the UK is currently 66 years old for both men and women, while the age in which you can access a Private Pension is 55 (Increasing to 67 and 57 respectively from 2028). This calculation assumes that your investments will grow by an annualised 5% during the acc...
Read more:Best private pension: how to find the right pension for you When can I access my pension savings? Under current rules you can’t access a pension until age 55 (or 57 as of April 2028). At this point you can take the whole of your pension pot as a lump sum if you wish...
The concept caused ire last year when Oasis fans queued online for hours only to find the expected price had shot up due to low demand. Similar techniques have been used in the travel and tourism sectors for years. So should we be concerned about the move into hospitality?
retirement, downsizing can offer a financial breather. Selling your home could enable you to pay off your remaining mortgage and buy a smaller property outright. With no monthly mortgage payments, your outgoings could decrease significantly, freeing up more of your pension pot to do the things ...