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Pension providers told to give stronger push towards guidance service

Pension Wise was created in 2015 alongside the introduction of so-called ‘pension freedoms’, which are designed to give people reaching…

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Pension providers to warn about dangers of holding too much in cash

With inflation, or the increase in the cost of living, predicted to peak at around 5% in 2022, personal pension…

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What is pension drawdown and how does it work?

Drawdown isn’t the only way your pension can provide you with an income, so make sure you consider all the…

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State Second Pension and SERPS explained

If we now take the same example (Emma, who has worked throughout her life, earning average earnings and reaching State…

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Pension Credit explained – Rest Less

You can make a Pension Credit claim by phone using the Pension Credit claim line on 0800 99 1234. If…

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What happens to my pension if I’m made redundant?

Defined benefit, or final salary pensions: These schemes provide a guaranteed income for life at retirement, using a special formula…

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Five biggest pension myths exposed

Pensions can actually be a very tax-efficient way of passing your money onto future generations. If you have a defined…

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Government introduces measures to prevent pension scams

If anyone provides you with a pension opportunity that sounds too good to be true, remember it usually will be….

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What happens to my pension when I die?

If you die while you are paying into a defined benefit pension, your scheme will usually pay out a lump…

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Pension carry forward explained – Rest Less

Using this rule, you are able to carry forward unused annual allowances from up to three previous tax years, which…