Archive for the 'Retiring' Category

Plan & save for retiring to achieive a realistic income & even give yourself the option of retiring early.

Why You Need to Ensure Your Annuity Rate is Personally Tailored

Many people, upon reaching retirement age and being provided with an annuity quote from their pension provider will automatically accept the rate offered to them. It is a belief that the rate offered to you by your provider is the best annuity rate available to you; yet a study by the Financial Conduct Authority has […]

Funding for Retirement Debate

The ‘Funding for Retirement‘ debate takes place at the Hospital Club in central London on Wednesday 17 December 2014. The discussion will examine the pension options available to the UK public. With the forthcoming changes to pension legislation due to start in April 2015, there will be plenty to discuss. I wish that I lived […]

Could a Modular GIA Buy You That New House?

Whether you’re old or young, it’s hard to escape the constant poke from people around you giving you advice on your pension. Many people have dreams about what they’re going to do with their retirement funds – whether it’s buying that dream holiday home, investing your money into your favorite hobby, or renewing your vows […]

My Money Podcast #97

Signup for free umoneybook account Free web based software to analyze and boost your finances The My Money Podcast #97 discusses the articles below. listen to ‘My Money Podcast #97: Recent Articles Roundup’ on audioBoom Subscribe to the My Money Podcast from Help Me To Save in itunes Is the Purpose of a Pension Changing? […]

Will Citizen Advice Bureau Be Ready to Give Pension Advice by April 2015?

Signup for free umoneybook account Free web based software to analyze and boost your finances I read that the Citizens Advice Bureau (CAB) had been chosen to deliver the face-to-face free advice under the UK Government’s pension guidance guarantee. The Government has pledged £20m to pay towards independent pension advice for people. The Government’s pension […]

Is the Purpose of a Pension Changing?

The slew of recent changes to pensions in the UK has left me wondering if a pension is changing from being an income in later life into a general savings vehicle. A pension pot now seems to be something which you either pass onto your family upon your death and/or help your kids or grandchildren […]

My Money Podcast #95

The My Money Podcast #95 summarises the Help Me To Save articles below. listen to ‘My Money Podcast #95: Recent Articles Roundup’ on audioBoom Subscribe to the My Money Podcast from Help Me To Save in itunes Why I’m Glad I Bought an Annuity – Despite forthcoming changes to personal pensions, I’m happy with my […]

Need for Mandatory Maximum Time for Transfer of Funds When Buying an Annuity

After experiencing the disparity of the times taken for the transfer of personal pensions funds to an annuity provider, I think that there’s a case for the introduction of a mandatory maximum transfer time for open market options (when you don’t buy your annuity from the company with whom you hold your personal pension pot). […]

Why I’m Glad I Bought An Annuity Despite Forthcoming Changes to Pensions

Despite the forthcoming changes to UK pensions which will allow you to take your whole pension pot as cash (subject to income tax after the 25% tax-free lump sum has been taken), I used my personal pension pot to buy an annuity (an income for life) as soon as I was 55 earlier this year. […]

Review of Retirement Line

As my husband had received the highest quote for an annuity from Retirement Line (previously known as Annuity Line) when buying an annuity, I decided that I’d definitely be contacting them when the time came for me to look at pension income options. As I’d already consulted with an online independent financial adviser and done a lot of […]