There are about 1.6 million lost pension pots in the UK worth over £19.4 billion. The ABI (Association of British Insurers) says that pensions often get mislaid when people move house and fail to tell their pension scheme provider. Tracking down lost pensions is certainly worthwhile as it will give you a clear view of your financial position when you are looking to retire.
Here are six things that we, as trusted award winning Independent Financial Advisers, can do for you:- Personal advice – Our friendly Financial Advisers will source solutions that are best for you and your loved ones. We’ll ask questions about you, your family and lifestyle, together with a risk assessment; to fully understand your needs, aspirations and your future goals.
Do you know the best savings options for children? • Up to £9,000 a year can be invested in a Junior ISA, for the tax year 20-21, for a child under 18. Capital gains and income are tax free. The allowance can be split between cash, and stocks and shares. They can only be opened by the child’s parents or guardians, but anyone can contribute to a Junior ISA account. The money can’t be withdrawn until age 18, unless the child is terminally ill. After this point the Junior ISA will become a full ISA and the adult limit of £20,000 will apply.