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Deferring to a Better Pension

8th November 2016

Pension planning must be a flexible process – changes in legislation and retirement ages means it is important to constantly review and reassess the best course of action. Tricks of the trade can help too, and a little known method in which to boost retirement income is through the... read more

Posted in: Financial Planning, News, Pensions

Pension Transfers

3rd June 2016

If you are considering changing pension contracts to a new scheme provider, there are number of options that need to be explored. Not only could there be penalties when leaving old contracts, but any guarantees or safeguarded benefits which might be left behind will need to be identified. Considering... read more

Posted in: Financial Planning, News, Pensions

Should you defer your pension?

18th May 2016

Deferring your pension… If you will soon become entitled to a state pension, then the big question is whether you should defer taking it, says FT columnist John Kay. Since you get a 10.4% increase in the pension for every year of deferral if you reached pension age before... read more

Posted in: Financial Planning, News, Pensions

Is my pension safe?

11th May 2016

The saddening news of the demise of British Home Stores (BHS), which echoes the likes of Woolworths, has left the retailers’ debt at an estimated £1.3 billion with a reported £571 million ‘hole’ in the final salary pension scheme. Pension scheme deficits are not uncommon as funding calculations are... read more

Posted in: Financial Planning, News, Pensions

Pension Planning

5th April 2016

The April 2015 changes to pensions were incredibly far reaching and will dramatically change the way that pensions can be used. Following these changes, there has been increased interest in the options surrounding pensions. Much of the interest centres around the introduction of new pension schemes. However there is... read more

Posted in: Financial Planning, News, Pensions

Accessing your Pension Fund

10th March 2016

When it comes to accessing your pension fund, there are number of rules and regulations to adhere to. These rules allow you to not just comply with taxation laws, but also ensure that you are able to withdraw funds without complication. Recently the rules surrounding taking from funds for... read more

Posted in: Financial Planning, News, Pensions, Tax

2 + 2 = ????

3rd March 2016

Change is afoot when it comes to pension planning. So if you are happily saving for your pension assuming that you know what your contributions are allowed to be, then be aware of the Chancellor’s latest involvement. From April 2016, if you are earning more than £110,000 you will... read more

Posted in: Financial Planning, News, Pensions, Tax