Understanding pension drawdown

Understanding pension drawdown

Understanding pension drawdown Taking control of your pension income means considering the tax consequences Pension drawdown enables you to take money from a defined contribution pension while keeping the rest invested. Rather than receiving a fixed income, you decide...
Should you give your home to your grandchildren?

Should you give your home to your grandchildren?

Should you give your home to your grandchildren? Gifting your home could help your grandchildren, but may carry tax and financial risks For grandparents with substantial property wealth, gifting their home may seem an attractive way to give younger family members a...
Securing income in retirement

Securing income in retirement

Securing income in retirement Building financial security for later life Retirement no longer has to mean simply buying an annuity and receiving a fixed income for life. Since pension freedoms were introduced, people have had greater control over how and when they...
How much pension do you need to retire at 50?

How much pension do you need to retire at 50?

How much pension do you need to retire at 50? Achieving an early, comfortable retirement requires careful planning For many people, retiring at 50 sounds like the ultimate financial goal. Instead of waiting until their 60s, they could have decades to travel, pursue...