Category: Retirement

Pension earmarking orders

Divorcees may need to take action to protect benefits following pension reforms An unintended consequence of the pension reforms is that any divorcee with a pension earmarking order may need to act fast to protect their benefits. Any earmarking order that provides the ex-spouse with a fixed percentage of the… Read More»

Generation Y

More than one in ten would use parents’ pension on mortgage deposit More than one in ten (12%) 20-35 year olds are prepared to ask their parents to access pension savings to help pay for a mortgage deposit, research from Old Mutual Wealth[1] shows. But only half as many over… Read More»

Compulsory financial advice

Two-thirds of people aged 55 and over believe financial advice should be compulsory at retirement Two-thirds (65%) of people aged 55 and over who are not yet retired believe that it should be compulsory to receive financial advice at retirement according to findings from Retirement Advantage.

Passing on your pension savings

It’s never been more important to plan whom you’d like to inherit them Your pension is your life savings you’ve built up to give you the retirement you want. Since new pension rules came into effect from 6 April this year, pensions have become more flexible – including a cut… Read More»