Gap in pension benefits between men and women widens
For many women, the decision to work part-time often coincides with important career and childcare milestones. While pension contributions may not be the deciding factor for this decision, it’s important to understand the long-term impact on pensions. This knowledge is crucial for good financial planning.
Preparing for your future in a way that suits your needs
Retirement planning is not a one-size-fits-all system. Everyone has unique lifestyle choices, so it’s essential to prepare for your future in a way that suits your needs. Today’s savers face challenges like longer life expectancy and the shift from defined benefit pensions to defined contribution plans.
Failing to claim your pension means you could miss out on valuable retirement income
Keeping track of a pension can be a challenge, especially if you’ve had several schemes during your career or changed employers multiple times. Pension schemes can close, merge or be renamed over time, making it difficult to keep on top of them.
Keeping track of your retirement savings is not always easy
Are you worried about losing touch with your pension savings provider? Increasingly, with more people changing jobs multiple times before retirement, it can be easy to lose track of your hard-earned savings. By taking a few simple precautions, you can help ensure that your savings are always accessible and secure.
Are you nearing retirement age and wondering how to best manage your retirement income? Changes to regulations now provide you with greater flexibility and choice when it comes to accessing your defined contribution pension.
