How to be a full-time parent with a full-time pension

Imagine working 168 hours a week with no lunch breaks and very little holiday. It should, in theory, mean that you can retire early and comfortably, right? Unfortunately, for the many stay-at-home parents in the UK, this simply isn’t the case. Research shows that full-time mothers and fathers are among those least likely to save for their retirement, leaving them exposed to financial hardship in the future. According to the founder of MummyMoneyMatters.com, Kalpana Fitzpatrick: "Stay-at-home mums are at the highest risk. Saving for retirement is simply not on the agenda, because ...

Retirement: What happens to your pension when you die?

iStock_000008144528XSmallOne of the reasons people often decide not to pay into a pension, is the thought of losing it all when they die. Indeed, this very question was raised on one of our articles only last week: “Hi, if I buy a commercial property with my SIPP, who will own the property when I die? I was informed that it would then be transferred to the pension company!!!!! I’m sure that can’t be right, however, I would like to know the best ...

SIPPs: Thinking about using a SIPP? When is a SIPP the right and wrong choice?

SIPPs: Thinking about using a SIPP? When is a SIPP the right and wrong choice?The growth in the number of SIPPs have been dramatic over recent years, according to the latest figures from one SIPP provider, InvestACC, there are now more than 700,000 SIPPs in existence. Projections show that if the current rate continues there will be over one million SIPPs sooner rather than later. But when is a SIPP the right choice for ...