by Justin King | Feb 12, 2021 | Pensions
HM Treasury has confirmed the government’s intention to raise the normal minimum pension age from 55 to 57 in April 2028. This change in legislation will impact millions of people who were planning on accessing their pension benefits at the age of 55 and is in...
by Justin King | Sep 23, 2020 | Pensions
More than a third (34%) of UK employees named funding retirement as their top money worry, with the issue coming out on top for the second year running, according to the new Changing Trends of Financial Wellbeing report from Close Brothers. The report also showed...
by Justin King | Feb 26, 2020 | Pensions
It’s not surprising that you might be. Under the new State Pension, you need 35 qualifying years to get the full amount, currently £168.60 per week. So why does your National Insurance Record show that you have more than 35 years of full contributions,...
by Justin King | Sep 18, 2019 | Pensions
Not everyone has access to a financial planner who will build a financial plan to illustrate their personal cash flow requirements for a lifetime. Amongst other things, a good planner will take account of the pensions you have accrued, those you will continue to...
by Justin King | Sep 17, 2019 | Pensions
William Burrows returned to The Retirement Café podcast to continue our conversation about pensions. We discuss pension freedoms and the growth of drawdown. You can listen to my interview with William Burrows on The Retirement Café podcast here What’s pension...
by Justin King | Sep 11, 2019 | Pensions
Savers over the age of 60 are throwing away up to £1.75bn in pension contributions by opting out of their workplace schemes, according to figures from Royal London. The mutual insurer analysed its own figures, which indicated a 23 per cent opt-out rate among the over...