As a result, benefit accrual typically becomes negative after the normal retirement age, inducing individuals to claim their pension benefits at this age (if not before). A further incentive to retire was provided by the fact that, for a long time, it was illegal in many countries to ...
But Monzo becomes a very expensive platform if your pension sits north of £50,000. In fact, when your pension balance reaches £100,000 Monzo will be charging you £450 per year, based on the fee schedule that’s been laid out at launch. In contrast you can easily find pension p...
In addition, numerous things are happening in the world, including war, environmental degradation, significant credit problems in the fixed income markets or loss of reserve currency status for the dollar that could significantly decrease pension fund returns and asset values, thus diminishing existing ...
I did my own analysis on one sheet of paper split in 2. Then moved the money to my SIPP. To her great credit, the article by Merryn is the first time I have seen any journalist mention the risks of capped inflation indexing. Pensions can lose value rapidly under periods of high infl...