At various times during your membership of a pension scheme, you
may have to make retirement planning decisions. These tools
should help with some of those decisions.
Saving for retirement planner
This planner is intended to form part of your retirement
planning. By entering information about current pensions and
savings, as well as your target retirement age and income,
this planner will tell you if you are on course to
retire as expected.
This planner will help you through the decision-making process
for purchasing an annuity.
Click here to use the
This handy tool could help you decide how to invest the
contributions paid into your
defined contribution pension scheme.
Click here to use this
understanding investments tool
Voluntary national insurance contribution planner
This planner will help you make a decision about whether or not
to boost your basic state pension by paying class 3 national insurance contributions
This planner uses the rules currently in
force. It does not take into account the proposed changes
connected with the reform of the state pension. The planner
will be updated if the changes to the state pension system become
Click here to use the
voluntary national insurance contribution planner
Pension charges calculator
This tool has been developed to help employers understand the
impact of charges on the pension pots of their employees. The
calculator will help ensure they are better equipped to select
pension schemes that provide value for money on behalf of their
staff and encourage employees to save regularly for their
retirement. Individuals may also find this tool helpful when
selecting their own pension and they wish to compare charges.
Click here to use the pension
Managing your money - a health check
Whatever the situation with your finances, it's good to know
where you stand and that you are making the most of what you have.
The health check, a new online money planner from the Money Advice
Service, is for everyone.
The Money Advice Service is independent and it's here to help
everyone understand and manage their money better.
It takes just 10 minutes to answer some straightforward
questions and the health check will give you a personalised action
plan which identifies the top three things you can do to make the
most of your money right now, and to plan for future
Best of all - it's free and it's unbiased. The Money Advice
Service won't recommend a particular product or provider or try to
sell you anything.
Click here to use the Money Advice Service