Smart Pension’s Post

🌟 Planning for Tomorrow: Simplifying Pensions with Fortis Financial Management! 🌟 Pensions can seem daunting and complex, but fear not! Our team of experts is here to guide you every step of the way. 🛤️💼 Let us demystify the process and help you understand exactly what you need to do to create the perfect plan tailored to your needs. 🎯💡 From choosing the right funds to maximizing your income tax relief, we'll ensure you're on track to secure your financial future. 💰✨ Remember, your pension isn't just a number—it's the key to unlocking a world of possibilities, from traveling and exploring to simply enjoying your everyday life in retirement. 🌍🏖️ So why wait? Start planning today, because your future self will thank you for taking the first step toward financial freedom! 🚀👴👵 #FinancialPlanning #PensionPlanning #FutureSecurity #FortisFinancialManagement

Thinking about retirement can be overwhelming, but a little nudge in the right direction can make all the difference. I recently went through the task of locating, combining, and updating my pension pots, along with ensuring my beneficiary form was up to date - a crucial step! With a little help from nudge, I accessed the financial knowledge I needed to make informed decisions about my pensions. From pension tracing to understanding confusing jargon, I had a clear understanding of what I needed to do. It’s safe to say, I now know where, and how my pension pots are doing, which is a weight off my shoulders! 🙌 #pensionawarenessweek #nudge #financialeducation

Your pension can do great things, even after you’ve gone. Defined Contribution pensions aren’t normally counted in the final IHT tally. If you’ve accumulated a sizeable pension pot as well as other retirement assets, you may have more than you need for your own retirement. Passing on a pension could empower your children to realise their own life goals, pay off a mortgage early, send their children to a great university or launch a new business. Read more here: https://lnkd.in/eD-PRq-g #wealthmanagement #financialplanning #pensionplanning

📊 Workplace Pensions: A Deep Dive into the Hidden Dangers of Default Funds. Are you actively managing your retirement plan, or could you be unknowingly compromising your future? 🤔 🔗 Discover key insights and strategies for taking control of your pension investments in our latest YouTube video. Perfect for professionals seeking to secure their financial future. Full video here >>> https://lnkd.in/di_339sk #finance #financialplanning  #retirementplanning  #investment  #personalfinance #money  #pension

It's #TalkMoneyWeek — time to Pay Your Pension Some Attention! 💼💭 This year’s theme, Do One Thing, encourages everyone to take a simple step towards improving their finances. One of the best things you can do? Focus on your pension! 💰📈 Whether you're just starting out or planning for retirement, taking control of your pension today can have a big impact on your future. 🌱 Learn how to get started, track lost pensions, and make sure your savings are working for you. 🔗 Read our latest blog here to find out more: https://lnkd.in/eheW7VBH #PensionPlanning #FinancialWellbeing #FutureYou #PayYourPensionSomeAttention #nowpensions

When planning for retirement, the right investment can make all the difference. Explore the pros and cons of buy-to-lets versus pensions and find out which could be your ticket to a secure and comfortable future. Remember, diversifying might be the key! https://lnkd.in/eCxMSy2H

This week is #PensionAwarenessWeek - an ideal opportunity to ask yourself how secure your future finances are looking 💵🔐 Pension Awareness Day is running a week of free, impartial, information sessions and workshops to make sure we can all have the stress-free retirement we deserve. Already a pension pro? There'll be some extra tips and updates to brush up on. New to the world of pensions? There's a session for everyone, so you can learn everything you need for a successful pension journey 📈 https://lnkd.in/ejq_TVX

The idea of "losing" your pension might sound strange, but it's a big deal, according to The Pensions Policy Institute. In 2022, there were over £26.6 billion pounds of unclaimed pension funds. Life happens, and events such as moving home without updating your pension provider could cause you to lose track of your pension. Think about it – throughout your life, you’re likely to switch jobs and explore new careers. You could end up with a bunch of different pension plans, so it would be fairly easy for one or two pensions to slip your mind. Let's team up to make sure that doesn't happen, but if it has, let’s find those missing pensions together. #pension #lostpension #financialadvice #retirementgoals

Pensions.... Here's a scary thought..... if you want to retire on £3k a month do you know how much you actually need in your pension pot?? Its... the amount you want to retire on (£3k/month) multiplied by 200 - in this case its £600,000 Lets just all take a moment to think about that..... we need to get that contribution in there...... that means you need to earn enough to contribute a substantial amount from your salary to enable you to have the life you would like to... There is another way - work part time on your business - earn a residual/recurring income that will pay you - long before retirement. Different choices https://lnkd.in/eeBD_WQF #extraincomeopportunity #earnincomefromhome #sparetimeincome #moremoney #extraincome #parttimeincome #buildanestegg #recurringincome #residualincome #pensionincome #moneyinretirement #retirementincome

📢 New #LCPOnPoint paper introducing our 'Magnetic Pensions' proposal📢 Automatic enrolment has been a huge success, enabling millions to kickstart their retirement savings journey. However, each job change means a new pension up to a maximum pot size limit, leading to numerous scattered and low-value pension pots. In this latest whitepaper, we unveil our approach where every time an individual switches jobs, their previous pension should be 'magnetically attached' to them and move with them to their new job. If you are interested in learning more, check out our whitepaper for all the details: https://bit.ly/449q01M