News.

Withdrawing from your pension early should only be a last resort. - 24th November 2020

Jonathan Watts-Lay highlights some of the things to consider before taking money from your pension early, and explains why it really should only be a last resort.

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WEALTH at work listed as one of the ‘1000 companies to Inspire Britain’ 2020. - 19th November 2020

WEALTH at work has once again been acknowledged as one of the 1000 Companies to Inspire Britain by the London Stock Exchange Group.

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Pension withdrawals rise during the pandemic: do individuals really understand their actions? - 9th November 2020

New figures from HMRC[1] show 347,000 people withdrew from their pensions throughout July, August and September 2020. This is a 6% increase on the same figures from last year, and a 2% rise compared to the previous three months, which is not the usual seasonal pattern.

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Protect your redundancy pay from scams. - 27th October 2020

Given the many recent redundancies announced, it is inevitable that as coronavirus continues, more redundancies are likely.

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How affording retirement can be more achievable than many think. - 14th October 2020

The finances of many are being impacted by COVID-19, especially those who are unfortunately facing redundancy and are approaching retirement.

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How to manage on a reduced income. - 6th October 2020

WEALTH at work provides ideas on how to manage your finances should you find yourself facing a reduced income through redundancy or a change in your salary.

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Retiring in a crisis – what you need to know. - 28th September 2020

There is no doubt that COVID-19 has impacted the financial lives of many people, especially those planning to retire or those who find themselves facing an unplanned early retirement.

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Contingent charging for DB pension transfers banned from 1st October. - 22nd September 2020

The ban on contingent charging for defined benefit (DB) pension transfers, where financial advisers only get paid if a transfer goes ahead, takes effect from 1 October 2020.

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How to make the most of your redundancy pay. - 21st September 2020

The Government’s Coronavirus Job Retention Scheme ends on 31 October 2020 in which a third of the UK workforce were furloughed.

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Top five things to think about before withdrawing from your pension. - 24th August 2020

With many household incomes under pressure following the impact of coronavirus, it may be tempting for those aged over 55 to consider withdrawing from their pension early.

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