Simplify your finances and make it easier to keep track of your retirement savings
If you have ever changed jobs, moved homes or had a company you worked for change ownership or close down, then you know how easy it is to lose touch with your pension savings provider. This can happen for a variety of reasons, but it often means that your savings are no longer as secure as they could be.
How much it will cost and how you are going to pay for it?
People planning for retirement should think hard about what they want to do when they eventually stop work. It is helpful to have a good idea of the lifestyle you want, how much it will cost and how you are going to pay for it.
General guidelines that can help you determine whether you’re ready to retire
One of the most difficult decisions you’ll ever have to make is when to retire. It’s a personal choice that depends on many factors, both financial and non-financial. There’s no single right answer, but there are some key things to consider that can help you decide if retirement is the right choice for you.
Auto-enrolment: celebrating a decade that has encouraged a culture of saving
Since it was introduced ten years ago, auto-enrolment has revolutionised pension saving for millions of people in the UK, encouraging a culture of saving for the long term. It’s been a positive initiative and, crucially, individuals now have to take more responsibility for their retirement savings.