The latest edition of FE Trustnet Magazine, out now, kicks off with a beginner’s guide to drawdown. If you have been sensible and spent your working life paying significant sums of money into your pension, your retirement marks the time when you can finally reap the rewards of all your hard work.
However, you need to work out a drawdown strategy that is right for you, depending on your investment experience, attitude to risk, cost of living and a variety of other factors. AltRetire’s John Blowers says that even if you have built up a sizeable pension pot, this doesn’t mean you are home and dry – in his regular column, he looks at some of the biggest threats to a comfortable retirement that can take place after you have stopped working.
From one end of the pensions life cycle, Anthony Luzio goes to the other extreme as he investigates whether it is worth giving your child’s pension a kickstart by opening up a Junior SIPP. Whether you will even need to take this step depends to some extent upon the success of the Government’s auto-enrolment scheme; Hannah Smith assesses its progress so far.
In the magazine’s regular columns, Tilney’s Jason Hollands reveals which fund he is using to complement a typical US product skewed towards the tech stocks dominating the index, while Blue Whale Capital’s Stephen Yiu goes the opposite way and names three FAANG stocks in particular that he thinks still have plenty of bite.
FE Trustnet Magazine will take a break for August, but we will be back in September. As always, it is completely free – simply click here to start reading or here to download the PDF.