As we approach the end of our time in the workplace, we want to rest easy, knowing that we have everything in order to enjoy a prosperous and fulfilling retirement. Ensuring our pension funds will meet our needs ahead of time is key to setting ourselves up for success. With uncertainty around the state pension refusing to […]
Are your retirement savings about to go up in smoke? The last few years of market volatility, rising inflation and poorly performing markets
Let’s face it, it’s a busy world, and there isn’t always time to worry about retirement.
Pension planning is a crucial component of our financial lives. To ensure that we are able to spend our final years in comfort and enjoy the time we have remaining with friends and family, we need to plan for retirement. For most of us, retirement planning will involve a pension of some sort. This article […]
As of 2022, the value of forgotten pensions in the UK was said to exceed 26 billion pounds. This unclaimed sum is spread across approximately 2.8 million pension plans. That number looks set to rise as the government predicts there could be as many as 50 million lost pots by 2050. Let’s take a look at how […]
The Pensions Regulator has warned pension scheme members to remain vigilantagainst scams. They issued the warning in conjunction with the FinancialConduct Authority and the Money and Pensions Service. It comes after theregulator published a report showing an increase in brand impersonation andcloned companies. Pension scams can have devastating consequences for theirvictims. To avoid falling victim to a scammer, it’s […]
The government’s mini-budget of September 23rd spooked the market. Pension funds were forced to sell gilts to cover a liquidity crunch, as their capacity to match their asset and liquid value collapsed in the face of high-interest rates and bond yields. With the author of that crisis (Kwasi Kwarteng) now sacked, and Jeremy Hunt assuming […]
The deVere Group assists clients with UK workplace pension accounts. Within this blog, we explore the procedure of transferring a pension account step by step.