For most of us, saving into a pension during our working life will be crucial to enjoying a financially secure retirement when we eventually give up work. Yet the chances are that sorting out your pension is not top of your priority list. Not only might it seem complicated, but your retir...
What is a Pension Annuity? A pension annuity is a product that converts your pension pot into guaranteed regular income for the rest of your life, no matter how long you live. With a pension annuity, you'll know exactly how much you're getting, come rain or shine. ...
What is a bidet? How do you use a bidet to wash yourself after using the toilet? Learn now and avoid embarrassing bathroom disasters.
A self-invested personal pension, or SIPP for short, is a do-it-yourselfpersonal pension. You make contributions in the same way as you would with a more traditional personal pension and enjoy tax relief on what you put in. The difference with a SIPP is that you have more flexibility to...
In response Schiff wrote: “Mr. President, this is low. Even for you. No, I didn’t write Ruth Bader Ginsburg’s dying wish to a nation she served so well, and spent her whole life making a more perfect union. But I am going to fight like hell to make it come true. No confirma...
“We’ve had to cash in some of our pension to stay afloat — it was that or shut up shop,” says Roy. The shock of the Matches collapse is still reverberating across the industry. The immediate focus for most of the brands and suppliers involved is on getting paid and/or retr...
You know what a crash feels like (i.e. peak “fear”), what record highs feel like (i.e. peak “greed”), and you can appreciate how difficult it is to predict anything about the world or the markets. Since being in the middle of market turmoil is a lot different than thinking ab...
This rule of thumb is so old it belongs in a rest home. But it’s still got legs because it helps you to work out how your age affects your pension portfolio decisions: Subtract your age from 100. The answer is the portion of your portfolio that resides in equities. ...
If you are considering a move in the near future, this could be a good time to start sizing things up.Next, take a look at your pension pot (or pots). Whether you are still paying into them, or taking an annuity, you should be able to get an idea of your total private pension ...
Thirdly, the government itself is guilty of double counting, here. Withdraw a Lamborghini-sized sum of money from your pension, and you’ll promptly pay a large dollop of it in tax, potentially at your highest marginal rate. Yet the Department of Work & Pensions, in its own words, intends...