Remember LISAs? HTBISAs? PEPs? Stakeholder Pensions and ISAs? MIRAS? All are previous attempts by governments to encourage us to save for retirement and/or home ownership. All the bright ideas of that year’s chancellor and all abolished or superceded by another. Early access pensions will, effectively, not be pensions and will bring still more confusion to an already confused system, as all the previous versions will still be around. The immutable truth is that those who are motivated to save will save and those who have the chance to, or have to, will spend. The only long-term savings plans which have actually managed to get those who can’t or won’t, to save have been those collected by Men from the Pro and their ilk; or those which don’t give a choice, like old- and new-style employers’ pensions. Learn the lessons, guys.
This month’s Interview: Nigel Clarke – Protection Specialist
Join us as we speak with John Butterworth, independent financial adviser at Philip James Financial Services. We learn about John’s background and talk about savings, investments, and how we can help manage your pension.