Pensions for limited company contractors
Do you own a limited company? If so, it is your responsibility to handle your pension. Limited company contractors don’t have an employer that can arrange all of this on their behalf. As you would expect, there are plenty of aspects you need to consider, including which funds should be used for your pension contributions,...
Do you get a pension if you are self-employed?
There are various advantages gained from going the self-employment route rather than being an employee. There’s greater flexibility, you can work your own schedule, and create a work environment that best fits your needs. However, there’s one point that many self-employed individuals wonder: do they receive a pension? Do you get a pension if you...
A pension for freelancers
Freelancers are used to using their initiative. Yet this extends beyond completing projects and filing their taxes. There’s another aspect of their professional life they have to take charge of: their pension plan. There is no workplace pension for self-employed individuals. There is no employer that is making contributions to their pension scheme. It is...
Pension calculator for the self-employed
Are you self-employed? Do you have a personal pension? Perhaps you are planning to set up a pension in the near future? Whatever situation you are in, there is one tool that can help with your current and future planning: a pension calculator for the self-employed. What is a pension calculator? As you may gather...
What is the best pension if you are self-employed?
Are you self-employed and exploring the possibility of starting a personal pension plan? If so, this is a wise decision. A pension can alleviate fears of an uncertain future, providing you with financial security as you enter retirement. However, there’s plenty to consider before going forward, including which is the best pension type for your...
Why technology plays an important role in providin …
Traditionally, self-managing pensions has never been the easiest. Most people have multiple pension pots spread over multiple different careers during their lifetime. There are various charges and fees applied to pension schemes. You also have to factor in issues such as inflation and how your pension, which is ultimately a form of investment, can go...
Pension contributions for the self-employed
For a comfortable retirement where you’re not struggling to pay bills and can enjoy frequent holidays, making regular pension contributions for the self-employed is important. Your pension pot is your future, and the more you put into it, the more you will have a prosperous life once you have left work behind. While this is...
Do pensions reduce tax for the self-employed?
Those in standard employment join a workplace pension via automatic enrolment. The story is different for those that are self-employed. With no employer providing enrolment automatically, the impetus is on the self-employed individual to arrange their own pension scheme. This explains why those self-employed are three times less likely to pay into pensions compared to...
Will pensions bounce back?
The current cost of living crisis has been detrimental in many different financial sectors. Pensions are no different. Have you had a look at your pension recently and been worried about its performance? If so, you could be wondering will pensions bounce back? After all, the last thing you want is an underperforming pension when...
