Skip to main content

snapshot news

Our aim is to help you understand the various aspects of pension planning and to encourage better savings and personal finances. snapshot pensions is focused on providing you with key information about pensions to allow you to understand certain key aspects that may affect how much money you have when you retire.  Articles found here should not be deemed as personal advice.

Should you have any questions relating to any of the information featured here, please contact us at help@snapshotpensions.co.uk

Uncategorised

Planning for a better financial future

Have you made sure your plans are still on track? It’s been nearly two years since the first novel coronavirus (COVID-19) case was detected. The economic impact of the pandemic has not been equally distributed amongst all adults and where inequalities existed before the pandemic these may have been widened or closed. The pandemic has caused a drop in household…
Lindsay
9 December 2021
Uncategorised

What will happen to your pension when you die?

Providing an income or nest egg for your loved ones to enjoy, long after you are gone The way that you decide to take your pension will affect what you can do with it when you pass away. While it’s not always easy to talk about, the way you eventually pass on your pension has the biggest impact on other people,…
Lindsay
22 November 2021
Uncategorised

Retirement plans being put in jeopardy

Pandemic threatens pushing over 50s into pension poverty More than half (53%) of people in their 50s fear running out of money in retirement, as they have been the most likely to face job and income losses of any age group during the coronavirus (COVID-19) pandemic (23%), according to a new report. Finances impactedThe number of those over 55 dipping…
Lindsay
9 November 2021
Uncategorised

Gender pension gap

The staggering impact of the gender pension gap has been revealed in research which shows that women have lower pension pot sizes in every age bracket, with the situation significantly deteriorating as they approach retirement. Pension pot sizesThe highlights there is always a difference in pension pot sizes between genders, even at the start of men and women’s careers. This…
Lindsay
19 October 2021
Uncategorised

Top pension tips if you’re about to retire

Understanding your options and putting a plan in place We spend our working lives building towards retirement. Choices we make today will have a big impact on the quality of our lives later on. If you only have a handful of years to go until you reach your retirement, it has never been more important to understand your options and…
Lindsay
5 October 2021
Uncategorised

How to trace multiple old pension pots

Over time, pension schemes close, merge or become renamed Changed job? Moved house? It’s not always easy to keep track of a pension, especially if you’ve been in more than one scheme or have changed employers throughout your career. Over time, pension schemes close, merge or become renamed. So even if you remember the name of your scheme, it could…
Lindsay
23 September 2021
Uncategorised

How has COVID-19 affected retirement plans?

Attitudes and aspirations of this year’s retirees The coronavirus (COVID-19) pandemic has impacted on every aspect of our lives, affecting individuals’ financial situation and for many, their plans for retirement. If you are approaching retirement in the next 12 months, your plans should be under continuous review. We take a look at new research which has highlighted the attitudes and…
Lindsay
8 September 2021
Uncategorised

Plan the perfect retirement

Creating a comfortable, secure retirement takes care and forethought. If you’re 10 to 15 years from retirement, you’re probably starting to think more about how you’ll spend your life after work. You might be contemplating travelling more, dedicating more time to your passions, or enjoying more free time with your family. However, are you concerned the idea of a financially…
Lindsay
30 August 2021
Uncategorised

Protect Yourself from Pension Scams

Understanding the warning signs to keep your money safe. Being online more means criminals have a greater opportunity to approach unsuspecting victims with their scams. Online scams can have a devastating financial and emotional impact on victims. Pension scammers are bombarding the public with scam calls, texts and emails and it can be easy to fall victim to such a…
Lindsay
23 August 2021