Retirement: Will you have to work passed your planned retirement age?

Will you have to work passed your planned retirement age?Most people look forward to the day when they can ‘down tools’ and enjoy a financially secure retirement. However, two new pieces of research show that for many people retirement is just a dream, with some people forced to work well passed their planned retirement date. Research from the CIPD (Chartered Institute of Personnel and Development) found that: 1 in 10 people are worried they will never be able to retire Two thirds of people have thought about working passed their State Pension age 31% of ...

Investment Sense in the Guardian, what did the readers make of our comments?

GuardianWe recently contributed to an article in the Guardian newspaper, giving our thoughts on what ‘Shelia,’ a fictional pensioner, should do with her £80,000 pension pot. You can read our comments, along with those of the other contributors, by clicking here. Retiring soon? Our advisers can help you make the right decisions Investment Sense Retirement advisers Contact our team of advisers today:...

Retirement: When the right answer is to do nothing at all

iStock_000029045488XSmallIf you’re close to your anticipated retirement date or State Pension Age (SPA), your thoughts will be dominated by how to turn your pension pot into an income. Questions such as, is Annuity or Income Drawdown right for me? Would another option be better? How can I get the best Annuity rate will rightly dominate your thoughts. But, there is one option which is all too often overlooked: Deferral....

Budget update: State Pension & Long Term Care proposals brought forward

State Pension & Long Term Care proposals brought forwardLast week’s Budget contained announcements that the introduction of the new flat rate State Pension and the cap on social care costs, will be brought forward by a year to 2016. So far so good, but how will these changes affect you? Flat rate State Pension It had previously been announced, that the new flat rate State Pension would be introduced for people retiring after 6th April 2017 and who had paid National Insurance ...