To maximize your retirement, you should try to maximize guaranteed income available to you. Here are 4 ways to increase your pension check.
As employers freeze and terminate their pension plans, a new option is emerging: the Personal Pension.
If you don't have an employer pension plan, you can use a private pension (Personal Pension) to create one for yourself. Every dollar you put in buys you insurer-guaranteed income.
The history of retirement starts with us not living long enough to retire. Then, the introduction of Social Security and pensions gave us retirement security. Today, we're struggling to manage market and longevity risks on our own.
The majority of people who are offered a lump-sum buyout should keep their pension, but there are some situations where it is worthwhile to consider taking the lump-sum buyout and using a portion of it to purchase an annuity.
For many pensioners, corporate pension de-risking and risk transfers may have a minimal impact on their lives and could ultimately promote their retirement security. Read on to understand these transactions better.