Individuals approaching retirement are likely to be ill-prepared for the risks they face when accessing their pension, ranging from paying too much tax, to running out of money before the end of their days, or even losing their life savings to scams, according to a new survey of pension scheme Trustees.
The Department for Work and Pensions has published its response to its consultation on pensions dashboards.
The end of the tax year is in sight, so now is a great time to have a good look at your finances and make sure you are making the most of this year’s savings allowances and maximising your saving potential.
WEALTH at work recently carried out a poll of over 70 employers and found that 91% of them believe that employees do not understand the tax rules when withdrawing money from their pension.
As part of the government’s plans to help individuals save more for retirement, minimum automatic enrolment contribution rates are due to rise from 5% to 8% in April. But is this enough to secure an adequate retirement income and what more can be done to help employees?
WEALTH at work, specialist provider of financial education and guidance in the workplace supported by regulated advice for individuals, has shared its top tips on how […]
Christmas is an expensive time of year as the cost of presents, decorations, meals out and entertaining all add up. Individuals intend to spend £567 each at Christmas, with 46% planning to pay for it using credit cards, store cards and overdrafts.
The New Year is a great opportunity to take a good look at your finances and make financial plans for the coming year.
If you think that retirement plans are only for the super wealthy, or if you’ve just not got round to it yet, or even that you think retirement is too far away, then think again.
The Wealth at Work group of companies has been ranked within FT Adviser’s ‘Top 100 Financial Advisers 2016’, in association with Strategic Insight.
