If you’re eligible for a Pension in 2016, it can seem daunting with all the on-going changes and regulations around it, it is hard to know fully what you are entitled to and how it all works. Maxim Wealth Management have put together a blog post with the latest news and on-goings from the state pension to reduce your confusion and help advise you on everything you need to … [Read more...] about Everything you need to know about your pension in 2016
The important question of when to start saving for retirement is one that many of us ask ourselves, always hoping that we haven’t left it ‘too late’. In a confusing time where income and interest rates are often low yet government advice is that we should all be saving in ISAs and private pensions, many people are left in a quandary, unsure of when and how to go about saving … [Read more...] about Retirement: When Should You Start Saving?
Retirement is a time for you to enjoy in comfort, having worked your entire life you want to be able to sit back, relax and not worry about things like money. Of course, in order to make this a realistic goal, you’re going to need to put plenty of thought in throughout the years before. Some people will simply have their state and workplace pensions, but others, perhaps people … [Read more...] about Constructing a Retirement Plan: The Basics
Not so long ago, a new scheme known as ‘auto enrolment’ was announced and it promised to radically change the rules regarding workplace pensions in the UK. Some of you, particularly those already in full-time employment may not have noticed any changes as yet, but they are going to happen and, thankfully, they will benefit the worker. What is a workplace pension? A … [Read more...] about Changes to Workplace Pensions: Questions Answered
“He was only two days from retirement!” You’ll hear that old cliché in almost every cop film as some old buck on the police force meets a sticky end in a plot-altering heroic act. They’ll bite the bullet capturing that one thing that eluded them after 50 years of coasting on the job – true honour. But that sticky end means they missed out on all the complications of retirement … [Read more...] about How to have formidable finances when you retire