Major life goals can feel overwhelming. Want to buy a house? Have a family? Travel the world? None of these come for free, so you’ll probably need to have a decent pot of money to meet your milestones. Not to mention some money to keep you going in retirement. It’s a good idea to create […]
Category: Employees
5 effective ways to prepare for life’s major financial milestones
You can never be totally prepared for what life will throw at you, but you can make sure you are financially prepared to achieve your goals and tackle life’s ups and downs. To make a big purchase or prepare for a comfortable retirement you’ll need a sizeable pot to fund it. But don’t panic! Whether you are buying a car, a house, or paying off your student debt, we have compiled this list of our top five tips to help you get prepared for meeting your financial milestones. […]
How do I consolidate my pension?
In our first blog on pension consolidation, we helped you work out if it’s something you should be considering. If you decided it’s something you’d like to do, this blog will help you understand what steps you need to take to consolidate your pension. What’s involved in consolidation? If you want to consolidate Defined Contribution […]
Default funds – are they the right fit for you?
What is a default fund? A fund is where your money is pooled with other people’s in a mix of investments. The default fund (or range of funds) offered by a pension provider is where your money is invested if you do not actively choose where it goes. The default fund is usually managed for […]
Risks you face when saving for your financial goals
The biggest risk to your financial goals is the risk of not being able to meet them When people think of risk with regards to their finances, they immediately think about losing money. But is that how you should be approaching planning for your future? When it comes to our money, the risks we face […]
Do I need a financial advisor?
You may be asking yourself if you need a financial advisor to help you navigate the world of pensions and finance. A financial advisor might be right for you depending on where you are in your financial journey. Or, it might be that another kind of financial expert can help you. If that’s the case, […]
Workplace pension contributions: How much is enough?
If you’re contributing to your workplace pension, you’re already taking an important step towards your future. Contributions you make today will be invested and grow over time. But it’s always tricky to know if your contributions are enough to put you on on track for a comfortable future. This article breaks down the basics of […]
See all your pensions in one place
If you want to know how much is in your bank account, it’s pretty easy these days to check via a mobile banking app. There are even apps that show you all your bank accounts in one place. But what about your pension? With the average person likely to have at least six jobs by […]
Workplace pensions: welcome to the 90%…
If you are, or soon will be contributing to a workplace pension, you’re joining the 90% of eligible employees choosing to do the same. Congratulations, you’re in good company! But what is a workplace pension when it’s at home? Your workplace pension A pension is a bit like a savings account, but you won’t be […]
Should I consolidate my pension?
One of Maji’s most frequently asked questions is ‘should I consolidate my pension?’. It’s a term you might have seen in your finance research, or maybe in an advert from a pension provider. But is this something you should be considering? The short answer is: maybe! In this blog series, we’ll be telling you what […]