The Problem With Pensions...

Описание: I love pensions me! But I'll likely be in the minority in saying so. A pension is simply a tax-advantaged savings account for your later years. The tax benefits compliment the contributions you make, and ultimately, the goal should be a secure, comfortable and enjoyable retirement. Pensions should be part of your strategy for achieving financial freedom.

☎️ Seeking independent financial advice in the UK? No cost or obligation with an initial call. Book here: https://andrewhaley.my.canva.site/

However, it's fair to say that pensions haven't got the best of reputations. There is a lot of distrust and scepticism when it come to pensions and retirement planning in general. Sadly, this doesn't tend to lead to great outcomes for the majority.

In this video, I take a look at some of the issues surrounding pensions, they give my thoughts on what we can do to improve the situation.

Chapters:
00:00 - Intro
01:24 - Pension Illustrations
06:55 - The Uphill Battle
07:58 - What Can We Do About It
12:13 - Outro

Link to Retirement Living Standards Report:
https://www.retirementlivingstandards...

Disclaimer: This video is for guidance and entertainment purposes only and should not be seen as financial advice. Any opinions presented are my own and not representative of any firm. Investment values can fall as well as rise and past performance is not necessarily a guide to future performance. Any figures shown are purely for illustrative purposes. Your capital is at risk when you invest and you can get back less than originally invested. Taxation/legislation is subject to change. Always seek personalised advice tailored to your own circumstances and objectives.