How can you track your investments?
Mike Freer, of BWCI, replies:
WITH all of Jersey’s Covid travel restrictions being dropped, there is a real sense of hope that the worst of the pandemic may be behind us.
Whether it’s just a temporary reprieve, or really the return to more normal times, it does at least give us an opportunity to reflect on the extraordinary events of the past couple of years; what we’ve learned and maybe how we’ll do some things differently in future.
The past couple of years have made us realise that, once we had worked out how to use it properly, technology can provide a real opportunity for a better and more flexible work-life balance.
Those early teething problems getting to grips with the technology to be able to work from home are now a distant memory – and, yes, of course everything works so much better with an upgraded internet connection.
Our expectations have changed, too, whether it’s being able to work at least partly from home when it suits us, or to check who’s at the front door when we’re not at home.
We have become more reliant than ever on our array of devices to run so many aspects of our lives from wherever we are located.
The banking app lets us check our bank balance and pay bills on the go.
But did you realise you can probably also check your retirement savings online?
A good pension scheme website will provide its members with a secure login so they can keep an eye on how their investments are doing.
With the option to take up to 30% of your pension savings out as a tax-free lump sum from the age of 50, it is good to be able to see the savings grow.
Some schemes will also have a projection tool that can be useful to see whether you’re broadly on track to meet your retirement goals and help you plan for the future.
Spend a few minutes today checking it out.
