The State Earnings Related Pension Scheme, also known as SERPS, was first introduced in 1978 as a top-up basic state pension scheme. It’s essentially an additional state pension, which allows retirees to enjoy more benefits as they ease into retirement. The amount you would receive from SERPS is directly related to what you earned during…
You may have a friend of a friend who has sunken into financial hardships because of mis-sold pensions. You may have seen this type of scenario unfold on the news, never fully understanding the reality of the situation until it happens to you. If your pension advisor has misled you, it is vital that you…
When you work hard to earn a living, you want to make sure that every penny you make falls into the proper place, with most of it becoming part of your savings. So when you decide to seek a pension to make your transition to retirement easy and stress-free, you want to guarantee you trust…
The Self-Invested Personal Pension (SIPP) is a personal pension scheme that acts as a “wrapper” and allows investors have the freedom to use a wider range of investments and products to grow their pension fund. It may seem like a good idea, but what happens when you need to file a SIPP claim? You might…
When you start renting a home, you’ll quickly realise that the whole experience often proves to be much harder than you expected because of the details that you’ll need to consider. Considering that you’re holding up your part of the deal by being courteous and paying rent each month, it’s best to expect that you…
