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What’s in your pension? Understanding default pension funds.
If you have a workplace pension linked to the stock market, it's probably invested in the default fund.

Over three quarters of people who have money in stock market linked pensions via their employer (which may be called a 'defined contribution' or 'money purchase pension) invest in what’s called a ‘default fund’. It's basically the fund your money ends up in if you don't actively choose to invest in somewhere else. Default funds vary widely from pension provider to pension provider. Some invest in nothing but shares while others are much less risky.

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19-08-2011
08-07-2014
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What are collective pension schemes? Understanding how collective pension schemes work
The government is considering introducing collective pension schemes - a new type of workplace pension.

The Queen's Speech included plans by the government to introduce collective pension schemes. These would be available for employers to offer their workers and are sometimes described as a halfway house between final salary pensions and the more common 'defined contribution' scheme. But are they any better and how do they work?

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11-06-2014
11-06-2014
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Retiring early due to ill health – what are the rules?
If you’re unable to continue working you may be able to retire and take your company pension early

If you’re ill and find that your illness or medical condition is so bad that you can’t continue to work, you should find out whether your employer will let you take your pension early. Whether or not you can retire early due to ill health will depend on the pension scheme rules. And if you’re terminally ill and have less than a year to live, you may be able to take your whole pension as a lump sum.

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19-01-2014
19-01-2014
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The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice.
You should always obtain independent financial advice.