Savers are using the pensions freedom rules to dip into their retirement funds at an alarming rate, says David Prosser.
Pensions are changing. Old-style defined-benefits pensions are disappearing. State coffers are running dry. And the government is constantly fiddling with the pensions rules. A comfortable retirement is by no means guaranteed.
So now more than ever it’s vital that you build up a healthy pot of money that you can draw on to fund your retirement. At MoneyWeek, we can help you do that. Not only accumulating your pension pot throughout your working years, but also making sure it produces the income you need to enjoy your retirement.
Latest articles on pensions
If you want to complain about pension advice or how your scheme is run, don’t expect it to be an easy road.
Britain’s boom in self-employment threatens to leave millions of people short of money in retirement, says David Prosser. Too many are making little or no provision for later in life.
Getting the right help for your money problems can be as tricky as finding a good plumber. Sarah Moore explains how to find an IFA on a sensible budget.
Many people are paying too much for their personal pensions, says David Prosser. A probe of the market is not before time.
The regulator has ruled out a ban on transfers out of final-salary pension schemes, says David Prosser. That could lead to problems later down the line.
Markets may be roaring as 2018 gets underway, says Merryn Somerset Webb. But more sober minds won’t forget these two points.
Getting your tax return wrong could mean missing out on valuable tax relief on your pensions. David Prosser explains how to avoid it.
Don’t be put off by the thought of saving for your pension, says David Prosser. Getting started is much easier than you might think.
Plans to raise the minimum pension contributions could see more workers opt out, says David Prosser.
OECD research reveals that the UK has one of the least generous state pension schemes. But there is a cheap and simple way to change that, says Merryn Somerset Webb.