What's the value of your pension? Most people look to access their pension when they retire but what happens if you pass your pension onto beneficiaries - is the value the same?
On average, people have 11 jobs during their working lifetime# and if each of these employers pays into a pension scheme, they’ll also accumulate a number of pension scheme arrangements, so keeping track of them could become a challenge.
Today’s announcements on personal tax mean that once the personal allowance increase already announced for 2021 takes place we will see the personal allowance (£12,570 from the 6 April 2021) frozen until 6 April 2026.
What kind of lifestyle would you like in retirement? Paul Moody looks at what retirement may look like at 3 different levels with minimum, moderate and comfortable savings.