What happens to my pension when I leave a job?
When you’re leaving your current role to pursue an exciting new opportunity, there is plenty to look forward to. You get to meet new people, challenge yourself in your career, and widen your network. But you may also be wondering what happens to your pension when you leave a job. Making a fresh start not...
Responsible investing – What are ESG funds?
Through responsible investing, humanity can continue to work towards a brighter tomorrow. ESG funds (environmental, social, and governance) are a set of measurements put in place to assess the ethical values and practices of an organisation to ensure your investments are sustainable. In a world facing the catastrophic threat of climate change, enterprises need to...
Should I take my pension at age 55?
Planning for your ideal retirement can be an exciting time of your life, and you will find that there are plenty of decisions to be made and thoughts to have on how your future will look. Your pension is one of those important considerations and the best way to contribute towards a happy and financially...
Taking a lump sum from your pension
When you turn 55, you’ll be able to reap the rewards of your hard work and finally start taking your pension benefits should you wish. There are several options available to you when it comes to taking control of your savings, one of them being a lump sum withdrawal. Here we will be taking a...
How are personal pensions protected?
No one likes fretting over money issues, and it makes perfect sense to want to ensure your personal pension savings are in good hands; you spent long enough earning them, after all. To help you make your savings go as far as possible, it’s worth understanding how your pension is protected in the first place....
What are fund risk ratings?
Investing is all about risk tolerance and learning how to make sensible financial decisions. To get the most out of your investments, you need to know what kind of investor you are in the first place. Are you totally risk-averse? Are you passive or active? Do you want to take full control or put your...
Transferring pensions – what to consider
Transferring pensions is when you decide to move your existing pension pot over to a new provider. It’s usually a straightforward endeavour, and it’s a fairly common one too. There are several reasons you might want to do this yourself and a few situations in which it may be for the best. There are however...
Pensions for the self-employed
If you are self-employed, setting up and contributing to a pension is in your hands. Unlike employees who are automatically enrolled in a workplace pension scheme, setting up a pension will be your responsibility if you are your own boss. The good news is you still receive the same tax relief as you would if...
How to trace old pension pots
There are thousands of pounds of unclaimed pension savings in the UK. This is largely due to people changing employers or their address and forgetting about old schemes. As time goes on pension schemes may change their name, close, or merge which can make it difficult to track down old pension pots even if you...
