The last budget announced some new pension freedoms as the good news. People approaching retirement can plan cleverly and make good use of these exemptions to boost their earnings post retirement. Though the method may seem simple, but the implementation is not. People can also take it as a warning, and consult their financial advisors or pension experts for the right guidance.
It is always better to act smart and prompt than combating frozen pensions. Therefore, understanding rules and the pension plan is crucial to secure a good income for life. Whether you have private pension scheme or state pension, you have to plan it cleverly to secure your life after retirement. Get more information here.