In This Chapter
Realising your own role in your pension planning
Understanding pension-investment basics
Looking at state pensions, employee pensions, auto-enrolment and SIPPs
Examining the link between age and investment strategy
Exploring the lifestyle option
Your pension is almost certainly the most important investment you’ll ever make. It may not be worth as much as your home, if you own it, but the decision making could last all your working life and beyond – and is more complex than buying a roof over your head. Pensions never used to be like that. Once, you could count on the state, and often an employer, to shoulder the burden of providing an income when you stop working. These days, you’re effectively left on your own with plans where the buck stops with individual holders and their decisions.
In this chapter, I look at strategies that enable you, as a pension buyer, to achieve the best possible retirement income – without taking ...