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We’ve been working with our retirement partner, Scottish Widows, to bring you useful tips, handy tools and helpful information that could help you learn more about pensions, retirement and planning for the future.
Pensions are a long-term investment. The retirement benefits you receive from your pension plan will depend on a number of factors including the value of your plan when you decide to take your benefits which isn’t guaranteed and can go down as well as up. The value of your plan could fall below the amount(s) paid in.
What exactly is a pension? And how could it help you enjoy a more secure future? These videos from Scottish Widows can help you understand the basics.
There are lots of things that you can do now that could make a big difference to your future. Below are a few examples of actions you could take today to build up your pension.
A personalised financial plan could help you get the sort of retirement you want as well as showing the benefits of pension planning. Our expert financial advisers at Schroders Personal Wealth can help you create one. The initial consultation is free, and you will only pay for the advice if you take forward the recommendations they present in your personalised financial plan. Eligibility criteria applies.