Gray & Associates is a firm of independent financial advisors specialising in providing advice on pensions, investments, Inheritance Tax planning, wealth and personal protection.
The government’s focus on encouraging sustained savings for retirement
Retirement planning is an ongoing process that requires adapting to changes in rules and regulations. One such shift is set to occur from 6 April 2028, when the normal minimum pension age (NMPA), which is the earliest age you can access your pension savings without penalties, will increase from 55 to 57. This adjustment reflects longer life expectancies and the government’s focus on encouraging sustained savings for retirement.
How to provide clarity and control over your future
Retirement is one of life’s most rewarding milestones, a period to celebrate years of hard work and dedication. It offers the chance to pursue your dreams, whether that’s a round-the-world trip, starting a new hobby, or simply making more time for family and relaxation.
Practical steps to safeguard retirees from rising costs
When it comes to retirement, inflation is one of the most significant challenges you may face. Rising prices erode the purchasing power of your pension savings, affecting your ability to maintain a comfortable lifestyle. With inflation surging in recent years, it’s natural to feel concerned about the long-term resilience of your retirement income.
How to plan ahead and turn your dreams into reality
Early retirement presents the chance to step away from the nine-to-five routine and focus on a lifestyle that aligns with your passions and aspirations. For many, it’s an opportunity to enjoy the freedom they’ve worked so hard for, well before the statutory pension age in the UK, which is currently 66 and is set to rise to 67 by 2028.
Mastering financial commitments and pension planning
Managing day-to-day financial obligations while saving for retirement can feel like a daunting balancing act. From utility bills and mortgages to personal expenses, juggling commitments can seem overwhelming.
