Ruth's picks
ISA or Savings Account: Which Is Best For Me?
Whether you should open an ISA or a traditional saver mostly depends on how much you want to save and for how long. We explain the differences between them.
Pension Withdrawals: Limits, Rules and Taking a Pension Early
If you are 55 or over and have a defined contribution pension, you usually can start making pension withdrawals. Sometimes you can do this before age 55, but you may…
Cashing in a Pension: Your Options at Retirement Explained
Cashing in a pension usually only becomes possible at age 55. At this point some or all of your pension funds can be used to buy an annuity, set up…
The latest from Ruth
Card Declined: Why Has My Card Been Declined?
Although it may leave you a little red faced, cards can be declined for a number of reasons, these could include reaching spending limits, being abroad or getting your information…
How to Pay Off Credit Card Debt
Credit card debt can quickly mount up, leaving you wondering how to pay it off. Read on to learn how you can pay off your credit card debt and the…
What Is Guaranteed Pension Credit?
The government’s guarantee credit forms part of pension credit. It ensures that anyone on a low income gets a guaranteed minimum retirement income.
Understanding your Pension Statement
A pension statement is an annual summary of your pension pot. It shows how much you have built up so far and gives you a projected retirement income. Your state…
Widow’s Pension: the Bereavement Support Payment Explained
In the distressing period after the death of a partner the last thing you want to worry about is money. You may be entitled to government benefits to stop you…
What is Pension Savings Credit?
Anyone on a low retirement income may be eligible for pension credit. There are two forms: guarantee credit and savings credit. Here we look at savings credit, who is eligible…
What is Pension Credit and How Do I Claim It?
Pension credit is a tax-free government benefit available to people over state pension age who are on a low income. There are two main forms: savings credit and guarantee credit.
Pension Tracing: How to Find Old or Lost Pensions
Finding an old pension can give your retirement income a welcome boost. What you need to do to trace it will depend on how much you remember about your lost…
State Pension Forecast: Check Your Retirement Income
A pension forecast will help you estimate how much state pension income you could receive when you retire. For personal and workplace pensions your annual statement will provide a projection…
How ethical pension funds work
Ethical pension funds bring socially responsible investing to retirement planning by ensuring the underlying investments meet Environmental, Social and Governance (ESG) criteria.
It is Never Too Late to Set Up a Pension
Feel like you’ve left your pension too late? Don’t panic, it is never too late to set up a pension and start saving for retirement.
How to Start a Pension
Ready to start pension savings for retirement? First, choose which type of pension and how much you will need to set aside less each month.
8 Ways to Boost Your Pension
Treat your current income like it is spoken for - today’s pension contributions will be more valuable during retirement.
How to Defer Your Pension
If you are not ready to retire, want to build more retirement savings, or simply don’t need to claim your pension yet, you may want to defer taking your pension.…
Are you paying too much for your pension? Learn how to minimise the fees
Pension providers charge for their services with pension charges and fees. Pension charges can include annual management charges, platform fees, underlying fund fees, inactivity fees and exit charges. While they…