Citizens Advice Bucks’ Post

Well, we have gone from Plan surplus in the 1980s to deficits for almost 30 years and now back to surplus. I have been around a long time and seen the swings. Interesting read here about what to do next.

Do you understand your options as a plan sponsor when your defined benefit pension plan has surplus? You should have a sunny day plan in place aligned with your long-term pension goals. Read more in the TTA Fall Newsletter. https://lnkd.in/g8QhKtqn Forward this to your fellow pension plan sponsors who love sunny days! #pensionsurplus #pensionnews #canadianpension #definedbenefitpension

Become a e-subscriber! With Provident10 Pulse, at least once a quarter (sometimes more), subscribers will receive information such as: ✔ Important news and updates about their pension. ✔ Resources to help them better understand their pension, and how to make the most of it. ✔ Information and updates about the Public Service Pension Plan and the work that we do here at Provident10. https://lnkd.in/e9c4tx8A #PSPP #newfoundlandandlabrador #publicservicepensionplan #pension

If you are over 50 you can talk to Pension Wise. It’s a government initiative. It offers Free and impartial government guidance about your defined contribution pension options. I have a slight problem with the word “Wise”; it implies something that is not being delivered.

🤑 National Pension Tracing Day – Sunday, 27 October 2024 🤑 Did you know there are over 2.8 million 'lost' pension pots, each worth around £9,500? Shockingly, 1 in 20 people might have a pension they’re unaware of. If you’re one of them, that money is still YOURS and could significantly impact your future planning. With the clocks going back, use the extra hour to focus on your pension (or you could keep sleeping, but then you're missing out). Visit the Government’s FREE pension tracing service to track down your pension savings at https://lnkd.in/emJpdRXE

Should you pay to top up your State Pension? To get the full State Pension, you now need 35 qualifying years of National Insurance Contributions. If you aren’t on track to get the full State Pension, it’s possible to buy top-ups. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications. More here: https://bit.ly/4d3y72U #StatePension #StatePensionTopUps #PensionUK

Why you need to get a move on if you’re self employed with no pension. 👀 Being self employed is freeing and exciting, but the financial aspect can be tricky. 😶🌫️ This is particularly true for your pension planning because you have no workplace pension to fall back on. 😥 From where to start to your pension options, and more, check out our latest blog and get in touch if you’re still struggling with your self-employed pension plans. 🙌 https://lnkd.in/d5jej_KA #PensionPlanning #SelfEmployedPensions #PensionAdvice The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.

Did you know downsizing might affect your pension? 💸 The Village Guru Report helps you understand pension changes, giving you the clarity and confidence to move forward. Find a village that offers the report and take the next step with confidence! 👉 https://lnkd.in/gniepTq6 #PensionPlanning #VillageGuru #RetirementLiving

Are you aware of Pension Wise? 💭 Pension Wise is a government-backed service which offers free and impartial pension guidance to help those over 50 to understand their pension access options for those with defined contribution pension pots. An appointment with Pension Wise can help with: 🔎 How each pension option works (along with tax liability information) 🔎 Advice on avoiding pension scams 🔎 Providing a summary and next steps sent after the appointment 🔎 Details of where to get further support Pension Wise offers guidance, not regulated financial advice, but it can be a helpful first-step in understanding your options. Take the short survey now and explore what options could be available to you. ✏️ https://lnkd.in/e8e8yydA #IFGLPensions #PensionWise #PensionGuidance #MoneyHelper

Pensions are becoming increasingly rare, but some retirees still have them as part of their retirement plan. A frequent question we receive is: "When should I start taking my pension?" The video below provides more insight on different times to begin drawing your pension: 🎥 https://lnkd.in/eZWdPJ5j #retirement #pensions