A new report from the Pension and Lifetime Savings Association suggests that as many as three million savers have only a fifty/fifty chance of receiving the pension pot they are expecting from their final salary pension scheme. This comes on top of news last week that British Airways intends to close its final salary pension scheme and is another nail…
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State Pension. Where do we go from here?
What’s your take on the recent news that the State Pension is going to increase to 68? Do you think even 68 is optimistic and that the reality is that sooner rather than later we could be looking at a State Pension age of 70? And what does that mean for today’s students, about to leave college and university. At…
Read MoreNostalgia ain’t what it used to be.
My mum was born in 1931 and one of the birthday cards she received on a recent birthday listed the price of everyday goods the year she was born. It made fascinating reading: Petrol – 7p a gallon 6 Eggs – 3p Pint Guinness – 4p Post letter – 0.5p 1/2lb bacon – 6p Depending on which survey you read…
Read MoreCan you have your cake and eat it?
“My Business is my pension” is one of these oft-quoted excuses among business owners and entrepreneurs for their lack of serious pension planning. It may well be a valid excuse for many, on the basis that their reason for setting up a business is to have something to sell ten or twenty years down the line. But what if you…
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