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The latest news is brought to you by WEALTH at work, a leading financial wellbeing and retirement specialist. WEALTH at work and my wealth are trading names of Wealth at Work Limited which is a member of the Wealth at Work group.
Top five things to think about before withdrawing from your pension.
24th August 2020
With many household incomes under pressure following the impact of coronavirus, it may be tempting for those aged over 55 to consider withdrawing from their pension early.
How to use income drawdown to minimise tax.
20th July 2020
There are many advantages to choosing to use income drawdown to access your pension, one of the main ones is being able to access your assets in the most tax efficient manner.
How to avoid losing your pension to scams.
18th June 2020
The impact COVID-19 has had on pension savings and the fact that many household incomes are under extreme pressure means individuals are now at greater risk of falling for a scam.
Knee jerk reactions during Covid-19 could cost pension savers.
29th May 2020
Due to the global stock market volatility and the fact that household incomes are coming under extreme pressure, people aged 55 or over may be tempted to access their pension.
How to reduce your outgoings when living on a reduced income.
21st April 2020
The incomes of many households across the UK have been seriously impacted by the coronavirus. More than 9 million people are expected to be furloughed*, the self-employed who are eligible for help will not receive it until June, and some people are not eligible for any of this help including the recently self-employed.
Top tips for retiring in turbulent times.
31st March 2020
The turbulent markets we are experiencing at the moment are concerning for everyone, but especially for those who are in a defined contribution (DC) pension scheme and looking to retire.
Budget commentary 2020.
11th March 2020
“Get it done!” Rishi Sunak has delivered his first Budget as Chancellor of the Exchequer, pledging a £30bn package to help the UK economy respond to coronavirus and investment in the future; announcing investments in the roads, railways, digital networks and public services.
Beginner’s Guide to Retirement Jargon.
9th March 2020
Top ten commonly used jargon within the pension industry and what they actually mean.
Should you be paying more into your pension?
13th February 2020
Increasing pension payments by 1% of your salary could grow your pension pot by 25%. When it comes to finances, pensions are one area where saving a little more now can really make a big difference to your finances in the future.