Would you consider yourself up to date with your retirement plans? Are you aware of the advantages and disadvantages of the new pension reforms introduced recently? According to research more than half of adults over 55 surveyed are unsure of how their pension can work for them. Furthermore research suggest that people have underestimated how much retirement income they will need by a third, which could lead into financial difficulty for those without sufficient funds or plans. Seeking professional financial advice could help you to further understand the new pension reforms and make plans for retirement.
