The latest from Ruth
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.
Pension Drawdown: How to Take a Flexible Retirement Income
Using pension drawdown to access the money in your pension can provide you with a flexible retirement income. Your pension funds can stay invested to hopefully grow further after you…
What Will Happen to my Pension When I Die?
What happens to your pension when you die depends on the type of pension you have, your age when you die and whether you’ve started taking money from your pension.…
The Pension Tax-Free Lump Sum Explained
Pension tax-free lump sum is the name given to the amount of your pension pot that you can withdraw when you access your pension without needing to pay income tax.…
Pension Annuity: Retire with a Guaranteed Income
Buying a pension annuity with some or all of your pension pot means you can rely on a certain level of retirement income. There are different types of annuity that…
What is a SIPP, and How Does a Self-invested Personal Pension Work?
A self-invested personal pension (SIPP) gives you more control over your retirement savings, enabling you to make your own investment decisions. Contributions into a SIPP are eligible for tax relief…
What To Know About Defined Contribution Pension Schemes Before You Retire
A defined contribution pension can be a private pension or a workplace pension and is a way to save for retirement that can combine your contributions, employer contributions, investment returns…
Pension Transfers: What are They and How Do They Work?
When you bring all of your pension pots to one provider, that's a pension transfer. Learn what you need to know about the risks.
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…
What is a Final Salary Pension, and How do Defined Benefit Pension Schemes Work?
A final salary pension, or defined benefit pension scheme, is a type of workplace pension that will pay you a retirement income for life. The amount you will receive in…
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…
What is a Tracker Mortgage?
A tracker mortgage is where the interest rate you pay tracks another rate. Usually this will be the Bank of England base rate, though the rate you pay on a…
How Capital Repayment Mortgages Work
A capital repayment mortgage lets you pay back some of the capital you borrowed along with the interest you’re charged each month.
PayPal Scams: How to Protect Your Money
Don't get duped by urgent-sounding emails or texts, and learn how to sidestep all the tricks up fraudsters' sleeves.
Student Bank Accounts: Why They’re Worth Considering
Student bank accounts are designed for university students and typically offer interest-free overdrafts and rewards.