Pensions freedoms for the over 55's have created new opportunities for financial management for tis age group as we discuss in this article.
It's never too early to plan your pension and retirement future. We chase promotions and career goals, and should also be saving towards our pension pots.
New pension freedoms come into place across the U.K from April 6th, 2015. Investor will have more choice on how to invest their pensions. Property investment in care homes is seen as a safe alternative to an annuity because it provides a steady income. Various other hands off investments are explored.
The 2014 budget changes are discussed with a focus on the positives and negatives of the annuity shake up and possible investment choices available.
Saving for our futures has never been as important as it is now. With low interest rates prevailing, saving into a scheme can yield significant benefits.