One issue in the world of personal finance has dominated the headlines for months; the changes to Britain’s pensions industry that will have profound implications for savers and retirees for decades to come. Much of the focus of the reportage has been on the effects of the changes on savers waiting to retire, but there are equally far reaching changes afoot for those who have already finished their careers and are enjoying their retirement. In this article, we will explore wh

No one is as wise, prudent or capable of self restraint as they think they are. When we think of a large sum of money, £100,000 say, we tend to think in terms of what it might buy: An incredible car, several years travelling round the world, a large new extension transforming our house into a dream home, or continued financial security in our old age? The latter is, of course, less exciting, less glamorous, and less fun, but far more important, which is why, after 6th April t

Here’s an unsettling mortal thought: When do you think you are going to die? It’s a question we generally seek to avoid, though thanks to recent changes in the pension market, it’s a question that’s taken on a new significance. Decades ago, one retired at sixty five and, on average, drew a decade of pension entitlement before departing for the sweet hereafter. In 2015, some of these certainties have gone. Not only are many of us taking early retirement, but equally as many ar