Are you fed up with your nine to five routine? Do you dream of being able to relax and enjoy the things you love? Our latest magazine provides financial advice on deciding when to retire, how to fund your retirement, key tax chances, scams and more
TAX IN UNCERTAIN TIMES
Key !inancial changes that
have a"ected millions of
people from April
SCAMMERS’ ‘SOCIALLY
ENGINEER’ VICTIMS
17% increase in suspicious or
scam-related activity
RETIREMENT NEST EGG
Half of over-50s regret
not saving into their
pension earlier
FED UP WITH
YOUR NINE!
TO!FIVE?
SIXTY THE MOST POPULAR
AGE TO RETIRE EARLY
MAY/JUNE 2022
Welcome to our latest edition. Are you fed up with
your nine-to-!ive? There are many factors that can
in!luence when someone decides to retire. For some,
it may be based on health reasons, while others may
want to take advantage of government bene!its or
simply enjoy a more relaxed lifestyle. However, one
of the most common factors that determines when
people choose to retire is their age. On page 12 we
look at what is the most popular age to retire early.
New research reveals the key steps people have taken
to embrace early retirement and examines the costs
and bene!its of doing so.
Most taxpayers started to see their tax bills increase
from April 2022. As we move into the new 2022/23 tax
year, now is the time to review your tax a"airs to ensure
that you have taken advantage of all reliefs available
and have considered some planning opportunities to
help reduce your tax liabilities. On page 06 we explain
what changed at the beginning of the 2022/23 tax year,
and what you need to be aware of.
Any of us can fall victim to a scam. Scams are
increasingly common and many people are caught out.
They can be very distressing, and the impact is often
emotional as well as !inancial. If you’ve been the victim
of a scam, remember that you’re not alone. Turn to page
11 to read how increasingly scammers are relying on
our psychological biases to trick us into handing over
important data, !inancial information and our money.
The days of working for a single employer for your
entire career and retiring with a comfortable pension
are largely gone. The responsibility for accumulating
a retirement nest egg now rests with individuals
as opposed