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To be in the best position for retirement, you need to have proper pension planning. Here is some general advice on ways to enhance your retirement income by boosting more than your pension income. |
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As you approach retirement, it is only natural to consider how to create an adequate income when you finally stop working. Many choose to take a PCLS or pension commencement lump sum. |
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Pension unlocking is a means of withdrawing tax-free funds from your pension before you officially retire. Could pension unlocking be a way of providing you with a sizeable lump sum of money? |
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While, as a pensioner, you should be prepared to pay all taxes that are legally required of you, it is acceptable to arrange your finances in such a way as to minimise your tax payments. Here's how. |
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When you reach retirement age, you can choose to receive a cash lump sum or an annuity. Find out about the different types of annuities and the benefits of receiving annuities. |
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In the UK today, there are five main types of pension schemes. Learn about the basic state pension, additional state pension, personal pension, company pension, and stakeholder pension. |
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The Basic State Pension is set up by the government and managed by The Pension Service. Find out about the Basic State Pension's eligibility, how much it is, when you start claiming, and more! |
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If you're a member of more than one pension scheme, it may benefit you financially to consider combining pensions. Here are some important considerations for combining pensions. |
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Company pensions are also sometimes referred to as occupational or corporate pensions. Learn about the types of company pensions, how they work, and how you can contribute to company pensions. |
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Although your pension may be one of the last things you consider when your marriage ends in divorce, there comes a point where you will need to think about your pension rights. |
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Personal pensions (sometimes called private pensions or self-employed pensions) are pension schemes which people take out privately, not connected to state pension or company pension. |
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Pension rescue schemes are plans that are set up with the aim of supporting and helping employees whose company pension schemes have collapsed or failed. Learn more! |
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The pension crisis in the UK will affect the great majority of retirees, women and women's pensions in particular. Find out why women's pensions are half those of men. |
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Now is the time to start saving for retirement, so that you do not face financial difficulties when you retire and are no longer working. Here are some of our best retirement saving tips! |
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The State Second Pension or S2P is a top-up pension paid by the state in addition to the basic state pension. Find out who's entitled to S2P, how it works, and how to opt out. |
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By taking the time to write a living will or do some estate planning, you can decide on the distribution of your assets including property and possessions after your death. Find out more about wills. |
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