The upcoming generation of seniors can expect to experience a considerably different retirement from that of their parents. With life expectancy rising the average worker should not expect to retire in their 60s but later at age 70 or later. They will have to work longer and save more money before they can retire and enjoy...
Tag: pensions
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The Freelancer Guide to Pensions
With the recent government reforms on pensions, it’s never been more relevant to think about funding for later life. The introduction of a new flat-rate pension worth an estimated£144 per week in today’s money, will provide the UK’s elderly with “the minimum” they will need and no more. New laws are being passed in favor...
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It Really Can Be Simple To Buy A Property In Your Pension: Our A – Z Guide
One of the main reasons people use a Self-Invested Personal Pension, or SIPP for short, is to buy a commercial property, either for their own business to use or to be let out to a third party. It sounds complicated, but it doesn’t need to be, so we thought we’d take you through the basic...
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Further Damage To US Pension Funds
While relatively few countries’ pension funds have escaped unscathed from the current financial crisis the US seems to have taken the biggest hit over the last couple of years. It’s not a huge surprise, given that pension plans in the US make up more than 60% of global pension assets. The ongoing financial crisis has...
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5 Benefits of Contributing Early to your Pension
Contributing to a pension early offers many benefits that will certainly pay off in the long run. Retirement might seem a long way off, but it’s never too early to start contributing to your pension. The sooner you start putting away some of your money for your older years, the better the benefits you will...