Australian Open Final
This Sunday marks one of the biggest weekends in tennis with Novak Djokovic taking on Rafael Nadal at the final of the Australian Open. The Djokovic-Nadal rivalry is the most prolific of the tennis Open Era. They have faced each other 52 times since their first head to head at the French Open in 2006. Although it’s a close race, Djokovic is currently leading with 27 wins to Nadal’s 25.
This weekend will see Djokovic, the world number 1, try to win the Australian Open for the 7th time. If he wins on Sunday, Nadal, ranked 2nd in the world, will become only the second player in the modern era (after Djokovic) to win all four grand slams in a year.
The Serb historically has the better record at hard court tournaments. However, the previous Australian Open final they played ended up going Nadal's way. The Spaniard eventually clinched the victory after battling through 5 exhausting sets in an epic six-hour match.
What fascinates us at TPAS, as both tennis fans and pensions geeks, is that both players are self-employed. Unlike many other professional sports people like football and rugby players or F1 drivers, tennis players aren’t formally employed. As such they have to make their own pension arrangements, bearing in mind things like the annual and lifetime allowances.
With all of the ‘big four’ now into their 30s, it’s important that these elite players consider their pension choices carefully. For Andy Murray, who sadly announced his probable retirement just a few weeks ago, the need is even greater.
At TPAS we know that saving into a pension can be even more daunting for self-employed people as the onus is on the individual to start saving into a pension scheme. That’s why from December last year we started offering a Midlife Review service to help. As well as tailored appointments delivered over the phone, our website has information about pension saving and related topics such as family, health, money and work.
If you have any questions about your pension give us a call on 0800 011 3797. We’re here to help.