Craig McConnon

New research has revealed that it doesn't matter where you live, you will find the state pensions or any benefits you receive is not enough to ensure you have a comfortable retirement, providing you with enough money moving forward. Government pensions are not the leading choice for anyone these days, as they only provide a minimum amount which is designed to cover basic expenses, anyone can see that this is not enough to maintain your current lifestyle and live comfortably in your later years. Private pensions are important due to the fact that they can fill the gap between your financial needs and your state pension payout. This is according to new reports which have just been released and it makes sense. Start Saving As Early As Possible At PWS Dubai our recommendation to all our clients is start saving for your retirement as soon as possible. Whether you are twenty and just started your first job or you are forty and haven't saved yet and are now worr...

From 1 October 2017 any new start up business must enrol employees into a workplace pension scheme immediately. This comes at the same time that HMRC advises that there is approximately nine million people contributing to personal pensions in the 2015/16 year. The good news is that this is the highest records to date with more people having a good amount to retire on in the future. But what are your options? Are you working for a company that just opened or are you a sole proprietor that is self-employed, but also want to ensure you have a future income when it's time to put down the tools and enjoying your later years? Auto enrolment has been taking off since it was introduced some years ago. This ensures that employees are automatically enrolled into their workplace pension schemes, ensuring their futures are taken care of. Both employer and employee contribute to this pension scheme. This scheme has made over £24 billion in the 2015/16 tax year. Unfortun...