PENSIONS FREEDOM – top tips to help you avoid mistakes

1. WAIT Ignore anyone who offers help with liberating or investing your pension pot. Unless you have an urgent use or stupendous idea for how to use your pensions freedom right now – wait. Time costs a lot less than  bad decisions. Everyone over 55 has the right to a 45 minute free consultation through PensionWise. Be wary there are plenty of organisations that will pretend they can give you the same free advice. 2. THINK TAX The tax man is banking on getting an extra £3 billion from people liberating their pension pots over the next few years. While […]

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