Sam

Sam

Founder of SavingTool.co.uk

What are the UK Pension Freedom Rules?

The Pension Freedom rules introduced in 2015 offer UK retirees greater flexibility in accessing their pension savings, allowing personalized withdrawal strategies but requiring careful planning to manage tax implications.

Understanding Interest Rates and Their Importance

Interest rates significantly impact retirement savings, affecting pensions, ISAs, and bonds. Diversifying investments, staying informed, and using tax-efficient accounts can help UK savers navigate fluctuating rates and grow their retirement funds effectively.

Understanding Self-Employed Pension Options

Self-employed individuals in the UK must actively plan for retirement through various pension options, including Personal Pension Plans, SIPPs, Stakeholder Pensions, and NEST, each offering unique features and benefits.