Sorting out your pension; if you can't join a workplace pension scheme, where do you start?
If you don't know where to start sorting out your pension, here is a guide to the first steps.

These days, when for many of us money is tighter than ever, it’s easy to put off starting your pension. But the state pension (and pension credit) currently only provides around £130 a week and, even after the flat rate pension is introduced it won’t pay enough to for a decent income in retirement. If your employer runs their own scheme that should be your starting point, but if you work for yourself or your employer doesn’t offer a pension, what should you do?

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03-06-2011
18-07-2013
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A consumer watchdog is warning that people are being advised to switch pensions when it may mean higher costs.
Should you switch your pension to a different provider or fund? When is it a good idea to switch?

A few weeks ago, SavvyWoman’s ask the expert panel was sent a question by someone who’d been advised to switch her pension three times in six years (you can read the question and answer). Although there can be good reasons for switching it’s not always the right thing to do.

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20-07-2011
18-07-2013
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How is your SIPP (self invested personal pension) protected?
If you have a SIPP – a DIY pension – make sure you know what could happen if the provider or investment firm goes bust.

Self invested personal pensions, or SIPPs, are DIY pensions that give you more flexibility and choice about how and what you invest your retirement savings in. However, they can be more expensive than stakeholder and personal pensions and so aren’t for everyone. If you’re interested in taking out a SIPP, it’s also important to make sure you understand how your money is protected should an investment firm or the SIPP provider go bust.

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12-07-2013
12-07-2013
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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.