by bflindall | Aug 5, 2015 | pensions, retirement
People should consider paying into a pension as early as possible. Research from Brewin Dolphin show that for a target net pension of £20,000 at age 68 – excluding the state pension currently set at £115.95 per week for a single person – 25-year-olds would need to...
by bflindall | Jun 25, 2015 | pensions, retirement
The new state pension will start in April 2015 with the introduction of a single-tier state pension which aims to simplify state pension advice for those retiring. An individual’s state pension is based on their National Insurance record. Under the current...
by bflindall | Dec 9, 2013 | pensions
Almost half (42%) of respondents have never made a change to their defined contribution (DC) pension investments, according to research by Alliance-Bernstein. In their defined contribution survey, which questioned 500 employees who save into a DC pension, found that...
by bflindall | Nov 26, 2013 | pensions, retirement
People should be made to pay into lifelong “personal welfare accounts” under reforms which would see them take more financial responsibility for their old age and National Insurance scrapped, a think-tank has argued. The report from Civitas argued that...