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 […]
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 […]
Yes – you read that right. In the UK, there’s £20 billion in lost pension money. You may be wondering what on earth is a ‘lost pension’? Well, it’s where someone, like you, has saved money into a pension –their employer probably added some cash, too – but they’ve lost touch with the pension provider. […]
Find out more about the top 10 mistakes people make before getting a mortgage, and how to avoid them! If you’re thinking of buying a property soon, this will help you stay away from the most common pitfalls. […]
Find out more about the top 10 mistakes people make before getting a mortgage, and how to avoid them! If you’re thinking of buying a property soon, this will help you stay away from the most common pitfalls. […]
You can take an action today which could give your children hundreds of thousands of pounds in the future for ‘free’. How? Junior pensions!
A Junior Pension is a savings account that you set up for your children or grandchildren. You can pay in up to £2,880 per year. The government tops up the amount by 25%, taking the total up to a maximum £3,600 per year. This money is held in their name and invested on their behalf, tax-free, until they can access it from age 55.
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If the word pensions fills you with dread, you’re not alone. Seventy-seven percent of people say they don’t understand their pension enough to make informed decisions about saving for their future. It all starts with small steps. To help you get started, Maji has created a simple Pensions MOT, with six simple questions to ask yourself and tips to help you get fighting fit for your financial future.
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Maji is the trading style of Maji Financial Wellbeing Ltd, a company registered in England and Wales (Registration no. 11937232). Maji Financial Wellbeing Ltd is registered with the Financial Conduct Authority (Registration no 969225) as the PSD agent of Bud Financial Ltd (Registration no 793327).
