The Sunday Times Personal Finance Guide to Your Pension (A Sunday Times personal finance handbook) - Softcover

Pridham, Helen

Softcover

ISBN 10: 0006387055 ISBN 13: 9780006387053

Publisher: HarperCollins, 1998

Synopsis

A comprehensive guide to the various types of pension schemes available and advice on how best to ensure a secure financial future in retirement.

Twenty years ago most people did not give their pensions a second thought. Today, people of all ages are aware that their pension is likely to be the biggest investment they will ever make. The realization that the State is not going to support everyone in old age has forced people to acknowledge that pensions are vitally important. Moreover, increasingly flexible work patterns mean that the onus is on the individual as much as on the employer to initiate plans for future security.

This guide shows how to plan for your income and investments in retirement and tackles the following issues:

State pensions, occupational pensions
· Changing jobs and pension options
· Topping up company schemes
· Choosing a personal pension and options for the self employed
· Career breaks/time spent working abroad
· Pensions and divorce
· Retirement – lump sums, annuity options, income drawdown and phased retirement

Your Pension is a concise and accessible guide which illuminates the way to retirement with a minimum of financial worries.

About this title

From the Back Cover:

THE SUNDAY TIMES PERSONAL FINANCE

Are you aware of the various pension schemes available? Do you know how best to ensure a secure financial future when you retire ?

Twenty years ago most people did not give their pension a second thought. But today people of all ages are aware that their pension is likely to be the biggest investment they will ever make. The realisation that the State is not going to support everyone in old age has forced people to acknowledge that pensions are crucially important. Moreover, increasingly flexible work patterns mean that the onus is on the individual as much as on the employer to initiate plans for future security.

This guide shows how to plan for your income in retirement and tackles the following issues.

' Your Pension – How to Invest for Future Security ' is a concise and accessible guide which illuminates the way to retirement with a minimum of financial worries.

· What will State pensions provide?
· How do company pension schemes work and what will they pay?
· Which type of personal pension plan or AVC scheme will meet your needs?
· At retirement, how can you get the best income from your pension fund ?

Synopsis:

Twenty years ago, most people didn't give their pensions a secod thought - it was jsut something that was there. These days, people are aware that their pension is likely to be the biggest investment they'll ever make. Suddenly there is a realization that the State is not going to support us in our old age, while the Maxwell pension fund fraud jolted everyone to acknowledge that pensions are desperately important, and must be looked after. Moreover, increasingly flexible work patterns means that the onus is on the individual as much as the employer in taking control of plans for future security. This book shows how to take control in planning for your income in retirement. Personal targets must be considered: how much do you want or need?; when would you aim to retire?; what will the State provide and what will its future hold? The guide examines company pension choices and how thy work, what they'll pay and the advantages and disadvantages of the diiferent schemes. Finally, once in retirement there are measures to take to ensure the maximum use of your income and details of other investm,ent possiblities.

About this edition

• Publisher: HarperCollins
• Publication date: 1998
• ISBN 10: 0006387055
• ISBN 13: 9780006387053
• Binding: Paperback
• Number of pages: 192