Retirement

Momentum behind socially responsible investing (SRI) has grown tremendously in recent years, and as a trend rooted in long-term change it can be an ideal strategy to consider when investing for your retirement. So, what impact can a socially responsible pension really have?  

If you’ve had more than one job, then it is likely that you have more than one workplace pension. While it is possible to have more than one pension, putting your pensions together in one place can have some advantages for both you, and your family.  

Thinking about pensions can be intimidating, especially if you’ve yet to set out your own retirement goals. So, let’s start with the basics. Here we look at the different types of pensions available in the UK to help you decide which options are right for you. 

For many people in their twenties, thirties and forties paying into a pension is maybe the last thing on their minds. Younger people tend to have competing demands on their money such as monthly student loan repayments, paying for master’s degrees or professional qualifications, saving for a first home and furnishing it, getting married and having children. It’s no wonder that paying into a pension gets pushed to the bottom of the priority list. 

While it may not stretch as far as it once did, a £1 million retirement pot is still something to aspire to – and may well be within your reach. Here’s all you need to know about becoming a pension millionaire.  

The state pension is a valuable source of income for many people in retirement. Throughout your working life it’s important to keep abreast of whether you’ll be eligible and how much you might receive, but it’s not always easy. 

Everyone needs a retirement pot so they can stop working one day. But pensions can be confusing, so here are the simple answers to the top six most-Googled questions about your retirement.

You’ve worked hard to save for retirement. But how do you choose between buying an annuity with your pension pot or putting it into drawdown? We compare the pros and cons of both options to help you decide. 

From current accounts to savings or investing pots, it can be difficult to stay on top of the best place to keep your money. Some people will prefer to shop around and change their accounts regularly, while others may prefer to stick to one or two providers for the long-term. Which is right for you will likely come down to your personal circumstances, but here are some things to consider if you’re thinking about updating your accounts.  

A self-invested personal pension (SIPP) is a type of personal pension that offers more choice about where and how your investments are placed than a typical pension administered by a pension fund manager. The changing world of work has led many of us to consider opening a SIPP to give us some control over our retirement savings. Learn how SIPPs and other personal pensions differ and which might be best for you. 

Saving for retirement is vital but over decades of working people often amass a number of different pensions – and sometimes lose track of what they have invested and where.

Investing could become safer and easier under new plans announced by the city regulator. Annabelle Williams, personal finance specialist at Nutmeg, explains what it means for your money.