Description
Many believe that their automatic pension enrolment will be enough for retirement but our expert guest, Guy Skinner, tells us otherwise. In this video you'll learn how your retirement and pension work, and what you need to be doing to ensure you don't get a shock when you retire!
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Timestamps:
00:00 Intro
00:13 Who is Guy Skinner?
01:43 Pensions & Retirement Explained.
16:11 Should I opt out of my pension?
17:18 What are the benefits of having a pension?
18:33 What would happen to my pension if I do move abroad?/Should I opt out of my pension if I don’t plan on retiring in the UK
20:27 How much should I save for retirement?
24:00 What’s the best thing for young people now the pension age is 71?/Are pensions still the way to go?
26:13 How do you know if you have enough to retire?
29:25 What is the best option if you’re self-employed?
30:26 How should I invest within a pension?
33:32 If we have lost pots from other jobs, how can we find them and put them together for a future pension?
35:26 I have a pension that is now closed from 2018 should I put it with my current pension managed by Aviva
38:30 I have worked for several employers and therefore should have several contributions. Should I consolidate these? If so, how?
39:18 I’ve worked different part time jobs over the years and I’ve never opted out of my pension. How can I access and group them together now that I no longer work there? I wouldn’t know where to start
40:21 Are there any potential fees I need to be wary of when dealing with a pension provider?
42:16 How do I take benefits from a pension at retirement?
43:58 How do I access my AVC’s
45:26 My daughter currently lives overseas. How can she contribute to a private pension in the UK?
46:21 Can you provide guidance on junior pensions parents can open for their kids?
47:39 What’s the risks of a lifetime ISA?
49:20 Outro