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pension

Pensions

As a nation we are living longer so the need for a realistic retirement plan is very important. Also the State Transition Pension was abolished in January 2014, thereby increasing the pension age to 66. The state pension age is due to increase further to age 67 in 2021 and 68 in 2028. There’s never been a better time to start or review your pension.

As people develop through their lifetime they have an expectation that a time will come when they will be able to retire. For some people the State pension is sufficient to provide a basic level of income. Others may have an opportunity to accumulate wealth without using pension schemes - perhaps through their business ventures or other assets. But most people will want to supplement what they have with some form of pension scheme. Many employers also take the view that, while their employees are working, they should be building up an entitlement to a pension when they retire.

Start Your Pension