News.

Those facing redundancy need support to make the most of their finances. - 29th January 2021

Latest reports from The Office for National Statistics have indicated that Covid-19 is continuing to drive job losses across the UK.

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New rules at retirement mean consumers need to look closely at what their pension provider is offering. - 18th January 2021

New pension rules will come into force from the 1 February 2021 for those approaching retirement under Financial Conduct Authority (FCA) regulation.

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Top 10 tips if you’re retiring in 2021. - 7th January 2021

Retirement plans for 2021 have changed for many due to the pandemic.

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How to take control of your finances in 2021. - 9th December 2020

The New Year is a great time to take control of your finances. Unfortunately, the income of many households across the UK have been seriously impacted by the pandemic, with many people having been made redundant and others having to manage on a reduced income.

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Withdrawing from your pension early should only be a last resort. - 25th November 2020

5 things to consider before accessing your pension early Although the furlough scheme was extended this month, redundancies were at a record level with 314,000 people […]

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Pension withdrawals rise during the pandemic: do individuals really understand their actions? - 9th November 2020

New figures from HMRC[1] show 347,000 people withdrew from their pensions throughout July, August and September 2020. This is a 6% increase on the same figures from last year, and a 2% rise compared to the previous three months, which is not the usual seasonal pattern.

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Protect your redundancy pay from scams. - 27th October 2020

Given the many recent redundancies announced, it is inevitable that as coronavirus continues, more redundancies are likely. Scammers often see turbulent times like these as an […]

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How affording retirement can be more achievable than many think. - 14th October 2020

The finances of many are being impacted by COVID-19, especially those who are unfortunately facing redundancy and are approaching retirement. The over 50s are far more likely to slip into long-term unemployment, with just one in three (35%) returning to work quickly, compared to two in three (63%) workers aged 25-34.

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How to manage on a reduced income. - 6th October 2020

WEALTH at work provides ideas on how to manage your finances should you find yourself facing a reduced income through redundancy or a change in your salary.

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Retiring in a crisis – what you need to know. - 28th September 2020

Key financial considerations for those planning to retire or facing unplanned early retirement There is no doubt that COVID-19 has impacted the financial lives of many […]

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