Is it time to kickstart your retirement?
Chartered financial planner, Hannah Rogers, discusses how to get your retirement plans in motion Retirement signifies a well-deserved achievement, a significant turning point in life. It should be a period of anticipation and joy, an opportunity to indulge in activities that bring happiness and contentment. Currently, retirement is marked by increased flexibility in accessing your […]
How to address your retirement planning concerns
Chartered financial planner, Harry Sims, discusses the importance of understanding financial resources Retirement is often seen as the golden phase of life, a period earmarked for relaxation and pursuing personal interests. However, a recent study has pointed towards an increasing trend of ‘retirement anxiety’, especially among individuals aged over 40[1]. This anxiety stems from both […]
Investing after retirement
Financial adviser, Fiona Ruck, discusses preserving wealth for your future lifestyle After a lifetime of hard work, you’ve successfully built a substantial and comfortable retirement account. Congratulations are in order. You’ve officially entered the golden years of retirement! Now, it’s time to enjoy the fruits of your labour, provided you’ve laid the groundwork for a […]
Heightened interest rates increase demand for annuities
Chartered financial planner, Andy Kirk, asks “What will you do with your hard-earned pension pot at retirement?” As we navigate life’s journey, retirement presents both a dream and a challenge. It’s the stage where we finally enjoy the fruits of our labour, a time for relaxation, exploration and personal growth. But the question that often […]
Pension administration – The forgotten task on Britons’ to-do list
Financial adviser, Conor Shiels discusses the financial pitfalls to avoid. Managing retirement plans and paperwork can seem daunting in our fast-paced, constantly evolving world. Yet, it’s an essential chore that should not be pushed aside. Not staying up-to-date with your retirement plans can result in financial pitfalls that could easily have been avoided. But worryingly, […]
Immediate gains, long-term losses
The high price of halting pension contributions Financial adviser, Andy Kirk, weighs up the risks and long-term implications of hitting the pause button by halting your pension contributions as a quick financial fix. In times of financial stress or uncertainty, it may be tempting to hit pause on your pension contributions. However, before you do […]
The importance of understanding tax-free pension withdrawals
Many over-55s are unaware that they can access 25% of their pension pot tax-free If you are thinking of accessing your pension, Scott Miller, one of Fairstone’s Independent Financial Advisers, takes you through the options and the potential implications. A surprising 43% of individuals over 55 need to be made aware that they can withdraw […]
Lump sum vs regular contributions
Choosing the right pension payment strategy It’s useful to have choices if you’re considering topping up your pension but taking advice will help you to avoid the pitfalls and take advantage of the opportunities of either route. Ajay Naik, one of Fairstone’s team of independent financial advisers takes you through the detail. Why invest in […]
Normal Minimum Pension Age update
Essential information for your retirement planning A significant change is on the horizon that may affect when you can access your pension money. Lauren Herrick, one of Fairstone’s team of Independent Financial Advisers takes you through this change, and its potential implications, so you can confidently prepare for retirement. The current Normal Minimum Pension Age […]
Two in five over-55s plan to semi retire before State Pension age
What’s your plan asks Independent financial adviser, John McLaren. Semi-retirement is an option to consider for individuals who may not be ready to fully retire, but still wish to reduce their work hours and gradually phase out working life. By choosing to semi-retire, you can maintain a good work-life balance while still earning an income. […]