The UK media recently had something of a reporting frenzy when companies with more than 250 employees were forced to reveal their pay data split by gender. Many well-known names revealed that men were paid more than women, in some cases to a significant degree. Understanding the facts behind the numbers As is often the […]
Retirement
Evaluating auto enrolment contributions
Appreciating the importance of saving for our later years is absolutely nothing new. A quick look at the literature of centuries gone by easily shows how long people have valued what we would now call retirement savings. What has changed, drastically, is how long we are likely to have to live off those retirement savings. […]
Ensuring a comfortable retirement for yourself
Some quiz shows allow contestants to “stop the clock” but in real life, time marches onwards relentlessly and therefore preparing for our later years should be high on the average person’s agenda. Even if, at the present time, you do not envisage yourself having a traditional retirement, you might find it useful to consider the […]
Pension Death Benefits
The importance of saving for retirement has been really driven home over recent years, particularly with the auto-enrolment campaign (“We’re all in”). Here is a quick look at the four types of pension and what happens to them upon the holder’s death. The state pension A state pension is given to an individual (even though […]
What Price Retirement?
When it comes to working out how much money you’ll need to pay for something, you need to have at least a reasonable idea of how much it’s going to cost. This holds as true for retirement as for any other aspect of financial planning. Working out the cost of your retirement Look online and […]
Stop Your Pension Becoming Taxing
Managing your money in a tax-efficient manner is generally to be recommended at any stage in life, but it’s arguably most important for pensioners, who need to make the income they’ve earned during their working years, last them all of the rest of their days, literally. Over recent years, the government has permitted greater flexibility […]