16th December 2022
Pensioners’ Incomes Conclusion
Are You On Track For A Financially Secure Future?
After looking at the current economic climate and helping you to identify your current financial staus in this weeks series of blog articles we can assist you ensure that your future retirement plan is durable if you begin discussing it with us immediately. We recognise that your objectives, aims, and dreams are unique, and we’d be delighted to explore how we might assist you. We anticipate hearing from you.
Please contact us for more information on how we can help protect your future financial well-being and the options available to you.
Source data: [1] According to Pensioner Income Series Data –https://www.gov.uk/government/statistics/pensioners-incomes-series-financial-year-2020-to-2021/
pensioners-incomes-series-financial-year-2020-to-2021
[2] Figure is based on Standard Life internal analysis of market annuity rates as at July 2022
A PENSION IS A LONG-TERM INVESTMENT NOT NORMALLY ACCESSIBLE UNTIL AGE 55 (57 FROM APRIL 2028 UNLESS PLAN HAS A PROTECTED PENSION AGE). THE VALUE OF YOUR INVESTMENTS (AND ANY INCOME FROM THEM) CAN GO DOWN AS WELL AS UP WHICH WOULD HAVE AN IMPACT ON THE
LEVEL OF PENSION BENEFITS AVAILABLE. YOUR PENSION INCOME COULD ALSO BE AFFECTED BY THE INTEREST RATES AT THE TIME YOU TAKE YOUR BENEFITS.