Due to new legislation that was implemented in April 2015, when you get to 55, you can take the whole of your pension pot as cash in a lump sum. However, there are disadvantages in doing so, namely you may […]
Long-term care isn’t something many people want to think about or plan for. Unfortunately, if you avoid thinking about it and then you need long-term care, it can put a strain on your finances. Quite often at Rockwood, we work […]
Can I cash in my pension before 50? We all want financial security in our retirement but there are times when cashing in a pension, or part of a pension, early would make sense. But can you cash in a […]
The UK workforce is getting older and it’s predicted that by 2020, one-third of the workforce will be over 50. Many private pensions can be accessed at 55, yet more and more people are working way beyond this age. In […]