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Coronavirus alters retirement plans

One in eight older workers extend their planned retirement age

The coronavirus (COVID-19) crisis has disrupted many people’s working lives in ways we couldn’t have imagined. It’s been deeply worrying to see some people now planning to retire earlier than they intended – including many who have been on furlough.

Six principles of investing

Putting aside money for your future and getting it to work for you

Whatever stage of life you’ve reached and whatever plans you may have for the future, you want your money to earn the best return possible without taking undue risk. That’s why it’s important to invest in a way that’s right for you and that will meet your goals.

State pension

How this fits into overall pensions received

You don’t automatically receive your state pension, you have to claim it. You have the option to either claim your state pension or delay it by deferring claiming your pension income that you are due.

6.4 million ‘accidental savers’

Pandemic has seen bank balances increase and debts such as credit card balances reduce

Figures for the entire economy conceal a great deal of variation in terms of the impact COVID-19 has had on household finances. Whilst millions of people have undoubtedly suffered considerably, a significant minority have found their financial position strengthened, with income largely unchanged and spending reduced.

Are you financially prepared for a baby?

Focusing on your baby and their financial future

Becoming a parent for the first time is exciting, unpredictable, and of course, a little daunting. For some new parents it can also be overwhelming. Suddenly, you are not only responsible for your self, but another person who depends on you for everything. It also forces you to address financial issues you may not have had to focus on in the past.

Drawing a bigger state pension

How healthy you are and what tax rate are you currently paying?

You don’t automatically receive your state pension, you have to claim it. You have the option to either claim your state pension or delay it by deferring claiming your pension income that you are due.

Top pension tips if you’re about to retire

Understanding your options and putting a plan in place 

We spend our working lives building towards retirement. Choices we make today will have a big impact on the quality of our lives later on. If you only have a handful of years to go until you reach your retirement, it has never been more important to understand your options and put a plan in place – now could be a good time to re-evaluate your plans with us.

Coping with life-changing events

Plan for tomorrow, live for today

Change is the only constant in life. It inevitably involves twists and turns, with some that are expected while others may be entirely unplanned. When this happens, it’s important to feel secure with the knowledge that you have the right contingency plan in place.