Phoenix Life cuts exit charges

Phoenix Life, the pensions company that specialises in taking on other insurers’ historic savings plans, has dropped exit fees for customers who have benefits worth less than £5,000.

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

EU-wide pension plan takes shape

New plans for an EU pension could make saving for retirement more straightforward for people who move from one member state to another during their careers – but it is not yet clear whether the scheme will be open to Britons following Brexit.

A crackdown on final-salary transfers

The ongoing controversy over transfers out of gold-plated final-salary pension schemes is a reminder of the tough balancing act that financial regulators constantly have to manage, says David Prosser.

Where to save for retirement

There are a number of ways to save for retirement, but for most of us a pension scheme will be the core of our planning.

How to be a better investor

Whether you are a new or seasoned investor, it’s a good idea to cast a critical eye over your financial habits. Here are some tips to help you do that.

Get a break backing small firms

If you’ve filled your Isa and pension, VCTs and the EIS offer good tax perks – but make sure you understand the risks

Why Sipps aren’t yet embracing P2P

Innovative Finance Isas are finally beginning to take off , with several launched since the start of the new tax year. However, the same can’t be said for P2P investments in Sipps. Here’s why.

The best places to retire in the UK

If you’re tired of the rat race, you may be thinking of moving to somewhere more peaceful when you draw your pension. We look at some of the top choices for retirees in the UK

Pensions: Still piling on the complexity

Pensions regulations are subject to such incessant change that many people struggle to understand how best to save for retirement. at MoneyWeek, we aim to change that.

Pensions and inheritance tax: how to protect your legacy

Inheritance tax (IHT) is a 40% tax payable on whatever you leave behind for your heirs when you die, on estates above a certain value. But there are plenty of straightforward ways to minimise your potential liability.

How much can you spend after you retire?

Investors need to change the way they approach taking an income from their pension to get more from their money in retirement.

Showing page 9 of 48