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More than 90,000 Royal Mail Told their Final-Salary Pension is ‘Unaffordable’ and may close
More than 90,000 Royal Mail staff have been warned that their final salary pension is “unaffordable” and could be shut down, as experts warn a raft of other private companies will follow suit. Royal Mail has written to employees telling them their “gold-plated” pension scheme may be closed because a deterioration in financial market conditions means…
State Pension Changes – Quick giude
The State Pension will change in the new tax year – the amount you can get is increasing. Our guide to the UK State Pension changes explains what you need to know. Knowing what to expect from your future State Pension, and when you can expect to get it, can be an important part of…
Over 3 Million Savers Out of Pocket as Santander Reduces Interest Rates
More than three-and-a-half million savers using Britain’s most popular current account will see their interest rates cut in half later this year. High street giant Santander was last night accused of ‘kicking savers in the teeth’ after announcing plans to slash rates by six times the amount the Bank of England reduced interest rates earlier…
Where will my retirement income come from ?
When you retire, you won’t be paid to work anymore – so where might your money come from? There’s a good chance you could get it from multiple sources. And knowing what these sources might be could help you plan for retirement. Defined contribution or defined benefit plansSome of your money could come from a…
Industry cites ‘excellent’ list of international advisers amid Brite Advisors Sunday Times report
It has long been true that good, trustworthy and truly professional financial advisers are not easy to find. Synergi is very proud to be listed among the “excellent” advisers worldwide – Jonathan Martin DipPFS EFA, Synergi Switzerland. Read the full article at the link below. Industry cites ‘excellent’ list of international advisers amid Brite Advisors…
How Much is Enough??
What figure do you have in mind when it comes to your retirement nest egg ? Anyone close to retirement will have these thoughts. Perhaps it would have been more prudent if they had thought about these matters much longer ago. However, we cannot turn the clock back, so the question remains, “how much is…