What Is An Annuity?

What Is An Annuity?

Many people will have heard pension conversations mention the words Annuity and ARF without understanding (or not being interested in) what they actually mean. So here goes. When you retire your pension fund first provides you with a tax free lump sum. You will...
How Much Do I Need To Retire?

How Much Do I Need To Retire?

A question I get asked countless times is, how much do I need to retire? While there is no exact answer, and certainly not one figure that applies to everybody, there are two methodologies we can use to come to a conclusion. The Salary Method You’ll probably have seen...

Pensions Made Simple (ish)

Made simple, really? OK maybe I’m setting the bar too high but I want to tell you all you need to know about pensions. I’m bored already. Wait, this is important. Just give me 2 minutes of your time. OK, go on then, why do I need a pension?  Because your income could...

Are Annuities Always The Worst Option?

The sweeping reform of pensions in last week’s UK budget has put the much-maligned pension annuity back in the headlines. With annuities no longer compulsory in the UK, some newspapers began writing obituaries for the centuries-old annuity and one specialist annuity...