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JL Axes Final Salary Staff Pension Scheme

John Lewis is ditching any link to final salary in its pension scheme in a bid to save £80m annually. After the pension move from April next year, all 83,900 workers at the John Lewis Partnership, which also owns the Waitrose supermarket chain, will have access to a defined contribution scheme under which the company will […]
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5 pension changes to have on your radar in 2019/20

On 6 April 2019 several pension and tax changes, outlined in last autumn’s Budget, came into effect. From increases to Auto Enrolment contributions, tax rates and the State Pension – here are five key things that may affect your pension in 2019/20. 1. State Pensions increase by 2.6% Both the basic State Pension and new […]
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Will you be Forced into an Untimely Retirement?

Every year, people are forced to retire earlier than expected due to circumstances beyond their control. For the first time in UK history, there are more than 10 million people aged over 50 in employment.1 And with more people living longer and the State Pension age rising, the number of older workers is expected to […]
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Should I Combine and Transfer my Old Pensions?

On average, Brits work at 11 different jobs over the course of a lifetime, so it’s no surprise that many of us have lots of different pension pots scattered about. Combining your pensions brings those pots into one place, making it easier to manage your money and stay on top of your savings. Plus, combining […]
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