Family Life Category

The stages that you pass through from early life to retirement as a member of a family are called the family life cycle. As you reach each stage you are faced with new challenges and you will gain new skills that help you cope with this evolving cycle. Life doesn’t always run smoothly and situations such as severe illness, financial problems or the death of a loved one can have an effect on how well you pass through each stage. Whether you are a young person or over 50, MyAdviceGateway will help you locate the information and advice you need to cope with the challenges and stress of daily life.

Family at home

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Pensions & Retirement

Pensions & Retirement

PLANNING YOUR RETIREMENT INCOME

More than half of people in the UK either aren’t saving at all for their retirement or they aren’t saving nearly enough to give them ...

Pensions & Retirement

TYPES OF PENSION

There are three main types of pensions, namely State Pension, Personal Pensions and Workplace Pensions. Under Government legislation you may be automatically enrolled in a ...

Pensions & Retirement

STATE PENSION

The State Pension gives you a regular income for the rest of your life. You can claim it when you reach State Pension age. However, ...

Pensions & Retirement

ADDITIONAL STATE PENSION (SECOND STATE PENSION)

The Additional State Pension is paid on top of the basic State Pension and is based on earnings. Known as State Second Pension (S2P) it ...

Pensions & Retirement

AUTOMATIC ENROLMENT

In 2012 the Government introduced legislation where all UK employers are legally required to enrol qualifying employees into a workplace pension scheme. This is called ...

Pensions & Retirement

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

NEST is a workplace master trust pension scheme that has been designed for automatic enrolment.

Pensions & Retirement

MONEYHELPER (THE PENSIONS ADVISORY SERVICE)

MoneyHelper provides independent, impartial information and guidance about pensions and retirement plans free of charge, to members of the public.

Pensions & Retirement

CHOOSING THE RIGHT PENSION

Choosing the right pension scheme is an important financial decision and there are many things to consider. If you're unsure as to which pension is ...

Pensions & Retirement

REVIEWING YOUR PENSION

Having selected a pension plan(s) you should review its progress on a regular basis to make sure you’re on track to meet your retirement goals ...

Pensions & Retirement

PREPARING FOR RETIREMENT

As retirement approaches there are some major decisions to make. These decisions will impact on the rest of your life and should be considered thoroughly. ...