SIPP - Saving Tool UK Blog (Page 5)

Understanding Self-Employed Pension Options

Sep 23, 2024 3 min read Pensions

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.

Drawdown Income vs Annuity: How Should I Use My Pension Pot?

Sep 23, 2024 5 min read Pensions

Choosing between pension drawdown and annuities involves weighing flexibility and growth potential against guaranteed income and security, with personal circumstances guiding the decision for retirement income strategies.

How Much Do I Need In Retirement?

Aug 25, 2024 4 min read Retirement

Preparing for retirement involves estimating necessary income and understanding different pension types, with tools available to help calculate the amount needed to maintain your lifestyle.

Making sense of UK Umbrella Contract Rates

May 8, 2024 8 min read HMRC

A deep-dive into rates and taxes when working through Umbrella companies

Introducing Saving Tool Advanced

Feb 12, 2024 5 min read Saving Tool Advanced

Saving Tool Advanced enhances personal finance management in the UK with deeper insights, improved simulations, and new features while remaining user-friendly.