You can’t rely on your pension

Most people have a pension of some kind – but can you rely on your pension to provide you with the level of income you require in later life? In most cases, the answer is no.  

In 2028 the minimum age at which most pension savers can access their pensions without incurring an unauthorised payments tax charge (unless they are retiring due to ill-health) will increase from age 55 to 57. With the average pension in the UK being less than £100,000, that doesn’t equate to much of a monthly payment.

So, if your pension isn’t going to provide you with enough income, what else is? Tune in to find out. 

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