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 […]
Category: Pensions
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 […]
Salary sacrifice for employers: what you should know
A salary sacrifice pension arrangement is a win-win for you and your employees. We tell you what you need to know before making the switch. […]
Maji’s Pensions 101 Guide for Employers: Set up pension contributions in payroll and make payments
You’ve nearly finished setting up your workplace pension as a new employer. How do you set up pension contributions in payroll and make payments into your scheme? […]
How much should I contribute to my pension?
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 how much should you be putting in to be on track for a comfortable future? The default minimum There is a default minimum that should currently be […]
See all your pensions in one place
Maji lets you see all your pension accounts in one place, so you have an overview of exactly how much you’ve saved. […]
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. But what is a workplace pension? And why should you save into one? […]
Should I consolidate my pension?
Many people want to know if they should consolidate their pension. We cover what consolidating your pension means, why you might consider it and what to bear in mind. […]
Empowered women are taking control of their pensions
Men have 40% more than women in their pension. But, knowledge is power – and this International Women’s Day, we share why there’s such a gap and how women can take control of their future and close the gender pensions gap. […]
Is your pension in the £20 billion pot of lost pensions?
There are more than 1.6 million lost pensions in the UK. Here are some tips on how to find a lost pension and keep track of it. […]