What should you do with your pension plans and investment funds if you have acquired a collection of them and want to have a better understanding of what is happening to them and what they might ultimately do for you?
We learned today that the introduction of Personal Accounts (the new form of Government enforced savings for retirement) will be soft launched in 2011 with volunteer employers.
Should I use the cash I have to actively invest for the future? This is not an uncommon question we are asked this type of thing on a regular basis.
Nick Bamford describes a conversation he had this morning with one of our Financial Planners and explains why paying a fee for advice is the only way to ensure it is independent and impartial.
I had a great client meeting yesterday morning. We spoke about retirement planning and he explained how he needed to accumulate £1 million in his pension pot by age 65.
The FT reports today on a survey by the Association of Consulting Actuaries. The survey tells us that almost 9 out of 10 final salary pension schemes are closed to new members and that 18% are now closed to further contributions by existing members.
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