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Article
The annual allowance for tax relief on pension savings
Each tax year, you can usually get tax relief on your pension contributions up to 100% of your earnings or £60,000 – whichever is lower. Here’s what you need...
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Blog post
How much should I save for retirement?
You’ll need retirement income of at least £13,900 a year, or £22,500 if you’re in a couple – according to the Retirement Living Standards. This covers your essential...
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Article
Best way to pay off debt in Scotland
If you’re struggling to make repayments, a free debt adviser can help you find the best way to clear your debts. Find out the options available to you if you...
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Article
State Pension: how it works
The State Pension is regular money you can claim from the government to help when you retire. Find out how much State Pension you’ll get, the age you can claim...
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Article
Increase your retirement income with Pension Credit
If you’ve reached State Pension age, check if you can claim Pension Credit – this extra retirement income could pay you thousands a year. It also means you could...
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Blog post
How much is an NHS pension?
If you’re working in the National Health Service (NHS), understanding the complexities of your NHS pension is crucial for planning your retirement. We’ll look...
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Article
Pension scheme fees and charges explained
Most defined contribution pension schemes charge fees to invest and manage your money. You usually won’t pay any charges if you have a defined benefit pension....
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Article
Phased or partial pension drawdown explained
Pension drawdown lets you take money from your pension while leaving it invested, including the option to take a tax-free lump sum. Rather than moving all your...
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Article
Ill-health retirement: how to take your pension early
If you’re under 55 and need to retire due to poor health, a terminal illness or a disability, check if you can take your pension early. Here’s what you need ...
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Article
Collective defined contribution pensions explained
A collective defined contribution (CDC) scheme pays you a regular income for life when you retire. Everyone’s money is invested together in a single fund to ...