pension age Archives - Philip J Milton & Company Plc

The simmering stock market pot subsides

I am pleased to report that the rumbles in markets proved short-lived. However, having ‘biggest losses since 1987’ for Japan and then clawing the way back again (well, still 13% off its peak) is not helpful and a potential portent for the over-priced sections of the Globe. Volatility is your friend when it is upwards...

Why do some pension transfers take so long? Blame the ‘sludge’!

Clients often come to us wishing to transfer pension funds from previous employment into one consolidated pot so they can better manage their retirement fund – but the process can at times be a long one due to ‘red tape’. Anti-scam regulations – quite rightly there to protect people – can slow the transfer down...

Are your retirement finances what you hoped for?

A recent survey has found ‘retirees’ have around £131,000 in pension savings – half of what they had hoped for. The research by Standard Life found that pensioners-to-be had aimed for at least £250,000 in their pension pot, but the actual amount meant they were some £480 a month worse off in retirement. The Firm’s ‘retirement...

Are you confident about your retirement plan?

A recent study by Standard Life has shown that less than one in 10 of those aged over 65 feel confident about managing their retirement finances. Retirement is of course an uncertain time for many people, whether financially or simply the trepidation of entering the unknown and perhaps not knowing how you might spend your...

Don’t put pension planning on the back burner

Assurances have been made that the State Pension age is ‘unlikely’ to rise to 68 years-old but the ongoing speculation does bring into focus the need to have a clear understanding of the issues and to plan for retirement. The current age is 66 and the Work and Pensions Secretary recently said in parliament it...

When will the State Pension age go up?

News the state pension age is unlikely to rise to 68 will be welcome for those seeking to banish uncertainty from their retirement plans. A week is a long time in politics, let alone 17 years, but the Work and Pensions Secretary Mel Stride has said it is likely to be ‘2040 or thereabouts’. He said...

The simmering stock market pot subsides

Why do some pension transfers take so long? Blame the ‘sludge’!

Are your retirement finances what you hoped for?

Are you confident about your retirement plan?

Don’t put pension planning on the back burner

When will the State Pension age go up?

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Philip J Milton & Company Plc

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