Pensions Archives - Money To The Masses

Pensions

How much income could I get from a £100,000 pension pot?

By Liam Fahy

14 min Read 18 Jan 2022

If you either have or are thinking of saving into a pension plan you are probably wondering 'how do I...

Pensions

Do I need a financial adviser to cash in or transfer my pension?

By Damien Fahy

22 min Read 12 Jan 2022

More than three years since the ‘pension freedoms’ were introduced, retirees now have greater flexibility to invest and spend their...

Pensions

Nutmeg Pension review - Is it the best pension option?

By Damien Fahy

22 min Read 06 Jan 2022

This is an independent review of the Nutmeg* pension. It is best to read the review in full but if...

Pensions

What is pension drawdown and how does it work?

By Hannah Smith

17 min Read 03 Nov 2021

When you’ve built up a decent pension pot over many years, you might find it a bit nail-biting to move from saver to spender as you start taking money out....

Pensions

Best and cheapest Junior SIPPs

By Damien Fahy

8 min Read 12 Oct 2021

In this article we take a look at Junior SIPPs and the pension providers that offer the best and cheapest children's pensions. We explain what a Junior SIPP is, how...

Pensions

Can I carry forward unused annual pension allowances?

By Liam Fahy

8 min Read 12 Oct 2021

What is the pension carry-forward rule? An individual can currently contribute up to £40,000 of 'relevant earnings' in a tax year and receive tax relief at their marginal rate on...

Pensions

The minimum amount you can pay into a pension each month for a comfortable retirement

By Damien Fahy

12 min Read 12 Oct 2021

How much should I pay into my pension each month? Hi Damien, I am 35 years old and I am conscious that I need to start to contributing to a...

Pensions

What is a Junior SIPP - Children's pensions explained

By Andy Leeks

11 min Read 12 Oct 2021

There are many ways that a parent or grandparent can help to secure a child's financial future. With children's savings accounts offering relatively poor rates of interest, more and more...

Pensions

I work part-time - how will this affect my state pension entitlement?

By Damien Fahy

5 min Read 12 Oct 2021

If you only work part time and, therefore aren't paying your full National Insurance Contribution, you may be concerned about how it might affect your State Pension when you reach...

Pensions

Can I take money from my pension at 55 and still work?

By Liam Fahy

8 min Read 12 Oct 2021

When can you take money from your pension? In 2015 some restrictions on access to pensions were eased and so you can now access your defined contribution pension from age...

Pensions

PensionBee Review - is it the best way to find and consolidate your pensions?

By Damien Fahy

29 min Read 05 Oct 2021

In this independent PensionBee* review I look at whether PensionBee is the best way to consolidate your pensions. As one of the most widely quoted investment experts in the...

Pensions

How to compare the best pension drawdown providers

By Damien Fahy

4 min Read 23 Sep 2021

In this article, we explain the costs and fees associated with pension drawdown and provide a simple comparison of the top 3 cheapest pension drawdown providers for pension pots worth...

Pensions

Nest pension review - what is it and is it any good?

By Andy Leeks

22 min Read 23 Sep 2021

In this article, we look at the National Employment Savings Trust pension, better known as NEST. We explain what a Nest pension is, who can contribute to a Nest pension...

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