5 Tips to make the most of your pension freedoms
The Pension freedom changes of April 2015 represented a complete shake-up of the UK’s pensions system, giving people much more control over their pension savings than before.
The Pension freedom changes of April 2015 represented a complete shake-up of the UK’s pensions system, giving people much more control over their pension savings than before.
For more than 60 years, women received their pensions at the age of 60, but that has now changed to 65 – the same age as men.
It’s vital to remember that there is no sick pay, life insurance or pension scheme benefits if you are self-employed.
Planning to Achieve your Retirement Goals sooner
Start planning early in order to put financial measures in place to benefit your children later in life, and possibly even your future grandchildren.
Withdrawing money from your pension pot may seem like a quick cash-flow solution, however, there are complex tax rules to consider.