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How will it affect your retirement plans?
Will you be one of the millions of workers who will have to work an extra year before retiring after the Government announced that it would be extending the retirement age to 68? New plans announced in July this year mean that the rise in the State Pension age to 68 will now happen in 2039, affecting people born between 6 April 1970 and 5 April 1978.
Taking advice early and developing a personal financial plan is crucial to meeting long-term goals
Succession planning may be one of the most challenging experiences facing any leader, especially an entrepreneurial business person who has built a family business from scratch, so it is crucial to get right. For a family business, transition is a once-in-a-lifetime decision. Perhaps no challenge has as much potential to exacerbate the special stresses – or, conversely, highlight the special advantages – of operating a family business.
Managing your pension savings effectively and efficiently from a single pot
If you’ve worked for two or three different employers, it’s possible you could have a workplace pension from each of them. You might also have set up a personal pension, so they can add up quickly.
Getting ready to slow things down
One of the critical aspects of retirement planning is how you structure your financial
affairs to make sure you have sufficient money if and when you stop working.
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