Nutmeg have come up with this rather handy short explanation about Pensions which some people may find useful.
I don't know about you but I can't wait to retire but unfortunately we would not be able to survive on the State Pension alone. I am lucky in some respects that I have a workplace pension and therefore do not have to cope with trying to sort out my pension. Nutmeg allows you to create your own pension portfolio that is aligned to the level of risk that you are comfy with. You can also transfer other pensions you may have, although there is always a risk when doing this and it is advised to seek financial advice first.
I was really impressed with the appearance of the website, useful information and calculation tools available. Especially handy is the pension calculator which advises you on what you need to save each month to meet your desired pension.
I will definitely be looking at investments for my future after reading through the Nutmeg website after all it is never to late to get your house in order.
This is a collaboration post.
- Posted on the go :)