Will Labour Change the State Pension Age?

Cameron James Pension Transfer
Cameron James Pension Transfer
335 بار بازدید - 14 ساعت پیش - Will Labour Change the State
Will Labour Change the State Pension Age? As it stands, the state pension age in the UK is 66. For those born after April 1977, the age will gradually rise to 68 between 2044 and 2046. But could the state pension age increase even further? According to a study by the International Longevity Centre, maintaining the affordability of the state pension may require raising the pension age to 70 or even 71 by 2050. Labour has not officially announced any concrete plans to raise the state pension age. The future of the UK state pension is uncertain, and while political changes may affect the state pension age, your financial future doesn’t have to be left to chance. By focusing on what you can control to strengthen your financial future, such as ISA, Pension Contributions, and your long-term financial plan, you can build a robust financial plan that puts you in control—regardless of what changes the UK government makes to the state pension age. If you’re unsure about where to start or want to review your current strategy, consider speaking with a financial adviser. Book Your Free Discovery Meeting via Calendly 📅 https://bit.ly/4eoMekB Or Chat via WhatsApp with Dominic James Murray 💬 https://wa.me/447870817830 Key Points of the Video: Current State Pension Age: As of now, the state pension age is 66 for both men and women and is set to rise to 68 between 2044 and 2046 for those born after April 1977. Potential Increase to 70 or 71: Speculation from the International Longevity Center suggests the state pension age may need to increase to 70 or 71 by 2050 to remain affordable, but no official plans are confirmed. Uncertainty in Labour's Plans: While Labour may review the pension age, no definitive plans have been announced regarding increasing or changing the pension age. Importance of Personal Financial Planning: Regardless of government decisions, individuals are advised to maximize their financial planning, such as using ISAs, pension contributions, and holding equity in line with risk profiles. Equity and Retirement Planning: Even in retirement, people should consider keeping a portion of their portfolio in equities, as long-term trends show equities outperforming cash, and life expectancy continues to increase. Reference: https://www.fidelity.co.uk/markets-insights/personal-finance/saving-for-retirement/will-labour-change-the-state-pension-age/ Video Timestamps: https://www.seevid.ir/fa/w/qCYpTJxeHUw: Will Labour Change the State Pension Age? https://www.seevid.ir/fa/w/qCYpTJxeHUw: Could State Pension Age Rise Faster? https://www.seevid.ir/fa/w/qCYpTJxeHUw: The Importance Of Proper Financial Planning https://www.seevid.ir/fa/w/qCYpTJxeHUw: Equity and Retirement Risk Strategy https://www.seevid.ir/fa/w/qCYpTJxeHUw: Outro & Summary Disclaimer 🚨 All Defined Benefit Pension Transfer Enquiries Completed By Trusted Independent 3rd Party FCA Regulated Pension Transfer Specialist 🔒 The Information on this channel is provided for education and informational purposes only. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, tax advice, or any other advice. You Should not make any decision, financial, investments, tax, legal, or otherwise, based on any of the information presented on this channel without undertaking independent Due Diligence and Consultation with a Professional IFA or Financial advisery. Learn More About “Cameron James - UK & Expat Financial Planning” https://www.cjfinance.co.uk/ Contact Us For Further Details 🇬🇧 https://bit.ly/3TQl1ih Thanks for watching the video from our channel! Introduce yourself in the comment section and let us know where in the world you're listening from. Mention & share with your friends who are looking for these types of videos. Join the Cameron James Pension Transfer community now. Don't Forget To Subscribe & Press The Bell Icon to get the latest updates. ------------------------------------------------------------------------------------------- #StatePensionAge #RetirementPlanning #FinancialSecurity #UKPension #PensionAgeIncrease #FinancialAdvice #InvestingForRetirement #EquityInvestment #PersonalFinance #PensionChanges #TaxEfficiency #HolisticFinancialPlanning #CameronJames
14 ساعت پیش در تاریخ 1403/07/10 منتشر شده است.
335 بـار بازدید شده
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