Pensions
Retirement should be the time when we can be free of commitments and finally relax to pursue our own interests after all those years of working.
Pensions are simply not on the radar of many people. They are so complex and retirement can seem a long way off.
Should you consider pension planning right now?
Do you look forward to retirement as a time to be free of financial commitments?
Yes, you should.
Do you have any old pension arrangements with former employers and want to know how much they may be worth?
Do you want to retire early?
Yes, you should.
Yes, you should.
Are you unsure about any of the changes made to the State Pension system in the last few years, including new retirement ages?
Yes, you should.
Do you view retirement as a time when you can finally relax after years of working and reap the rewards to which you feel entitled?
Yes, you should.
Do you employ staff in your business and need to know about current workplace pensions legislation?
Yes, you should.
Pensions
It's a well publicised fact that many of us aren't saving enough for our retirement. For many, there's a gap between the dream of retirement and the reality they face - and often they don't find out until it's too late.
How much will you get from the State?
Not yet reached State Pension age? The State Pension calculator uses information you provide to quickly estimate how much basic State Pension you may get, based on your National Insurance contributions to date. It will also tell you the earliest you may get it. The profiler is a very simplified calculation and does not take into account any additional State Pension or other benefits you may be entitled to.
Another way of getting a State Pension forecast is to complete a BR19 Claim Form and send it to the DWP. Full details on how to complete it and where to send the completed form are included.
The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.