Small Caps’ Post

According to PensionBee, pension funds in the UK have seen annual returns of 7.72 per cent over the last five years. The figures specified that this was the average number for those who are 30 years from retirement, which exceeds the amount that many savers expected. Instead of 7.7 per cent, many believed it would be somewhere between 5 and 7 per cent. Find out why it’s more: https://heyor.ca/znYh52 #Pension #PensionUK #PensionFunds

According to PensionBee, pension funds in the UK have seen annual returns of 7.72 per cent over the last five years. The figures specified that this was the average number for those who are 30 years from retirement, which exceeds the amount that many savers expected. Instead of 7.7 per cent, many believed it would be somewhere between 5 and 7 per cent. Find out why it’s more: https://heyor.ca/znYh52 #Pension #PensionUK #PensionFunds

Uncover the advantages of pension credit and how it can support your retirement goals. Take a look at this insightful article from Your Money to discover what pension benefits you could be missing out on. Quilter is not responsible for the accuracy of this article's information.

A surprising statistic that reveals only 27 per cent of retirees rely on superannuation, an annuity or private pension compared to 43 per cent of retirees relying on a government pension. #Futureproof #RetirementFunding #RetirementPlanning

Something which alot of people are unaware of is, you are able to make pension contributions into other people's pension's, which can make a huge difference to people for all sorts of reasons. Current rules allow for up to £2,880 per year to be paid into a pension of a non-earning person, with tax relief topping up the amount to £3,600. Additionally, contributions can also be made even if the partner is working, as long as the amount remains below their annual allowance. Parents or guardians can also set up a pension for a child, with other family members allowed to contribute in a tax-efficient way. #retirementplanning #pension #longtermplanning

💡 The Missing Element in Pension Changes 💡 The recent Pension Schemes Bill proposed various updates, but one critical piece was left out: raising minimum contribution levels. Currently, the UK’s automatic enrolment minimum is set at 8% of qualifying earnings—widely considered too low for a comfortable retirement. Countries like Australia are increasing their minimum to 12%, highlighting the need for change. With contributions untouched since 2019, now might be the time to consider how much you’re putting into your pension. 👉 Read more here: https://lnkd.in/e5e6ZexC #PensionPlanning #RetirementSavings #FinancialAdvice #PensionContributions #GlasgowAccountants

Beware of lump sum payments and minimum pension standards, warns expert: A lump sum pension payment can cause an issue with pension payment standards, a specialist consultant has warned. https://bit.ly/40HRXhi

Your CPP Benefit is Getting Better – But When Should You Take It? The Canada Pension Plan (CPP) has undergone significant enhancements, improving the benefits for Canadians who have been contributing since 2019. But one key question remains: When is the right time to start taking your CPP benefits? This decision could make a substantial difference in your retirement income. Waiting until age 65 is the pivot point where CPP payments make substantially more compared to starting at 60. Read our latest article to see why timing your CPP benefits is crucial to your broader retirement income plan and learn how a personalized approach could help secure your financial future. https://lnkd.in/gjsyKKQS

Are you're nearing retirement or already receiving your State Pension? You might be interested in learning how to maximize your benefits. #NationalInsurancecontributions #onlinepayments #pensionboost #pensioneligibility #pensionpayments #retirementsavings #StatePensionage #thxnews #UKstatepension

Following is the reason why Government subsidized Pension plan (Basis-rente) exists. It has never been a better time to start investing for your own old-age. Government is helping you by subsidizing these plans. Take the most out of it. Is 2225 € (brutto) enough for your retirement? Have you made provisions for your retirement? And this is also not enough, one has to diversify the portfolio for a better future. let's get connected and allow me to help you with a high return portfolio. https://lnkd.in/eMvhNhM6 #investments #pension #retirement