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The Pitfalls of Pension Reforms

A lot has been discussed about this year’s pension reforms that are to come into action in April 2015. We have outlined the main changes here at My Pension Choices. But as with anything, purely...

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International Day of Older Persons

It’s the 1st of October, and you know what that means, right? No, we’re not talking about the fact that Christmas is only 84 days away (scary!); the 1stof October is International Day of Older Persons....

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Free Money

Would you really turn down £1,500 of free money? A lot of people reaching retirement age are apparently doing exactly that. According to new figures published by Nest, the state-backed workplace...

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The Retirement Blueprint

How much have you thought about your retirement? Do you know how much you’ll be getting; where you’ll be spending your money; and how your income compares to others? The Retirement Blueprint lays out...

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11 Things to Consider before Retirement

Approaching retirement should be giving you feelings of elation, not anxiety. Whether you’re all set and ready to relax, or there’s still some preparation ahead of you, My Pension Choices want to make...

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Pension Reform – Understanding the tax implications

With huge pension reforms on the cards, it’s important to understand the tax implications when taking a retirement income. Billed as the biggest reforms to the pensions market for nearly 100 years, the...

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Is capped drawdown on the way out?

Major changes to the way people in the UK can access their pension pots will lift restrictions on income drawdown from next April. It will be much easier for retirees to use their pension flexibly by...

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Debate: Is there a retirement income ‘Gender Gap’?

British women are finding it increasingly difficult to secure financial equality with men, according to recent studies. A report by the World Economic Forum saw the UK fall down to 26th place in...

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The Pension Reforms – What you really need to know

With sweeping UK pension reforms coming into effect from April 2015, you may be left wondering exactly what this means for your retirement. If so you’re not alone; in fact a recent study shows that 71...

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Two Cheers For Annuities – R.I.P. 2015?

George Osborne caused an almighty stir last April when he announced that, as of 2015, ‘Nobody will have to buy an annuity.’ He was referring, of course, to the biggest shake-up in the UK pensions...

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