by Psyphadeejay | May 22, 2014 | pensions
People being targeted by cold callers who are falsely claiming to offer new, free Government-backed retirement guidance could end up putting their money into risky investments and losing their pension savings, the City regulator has warned. The Financial Conduct...
by Psyphadeejay | May 22, 2014 | employers, pensions
Employers are currently prevented from helping people plan their retirement because of concerns they could be sued, Simon Foster, head of corporate life and pensions, UK and international savings at Zurich, said. Mr Foster said employers do not want to play a huge...
by Psyphadeejay | Mar 20, 2014 | budget, ISAs, pensions
The Budget 2014 really was fantastic news for savers and investors looking to retire in the future. As things stand pension investors aged 55 or over can normally take up to 25% of their pension as tax-free cash, and a taxable income from the rest. Today George...
by Psyphadeejay | Mar 19, 2014 | pensions, tax
Investors with large pensions could find themselves facing a 55% tax charge on 6th April 2014 if they do not take the neccessary precautions to protect their retirement pension fund. The total amount you can hold in a pension, called ‘the Lifetime Allowance’, will...
by Psyphadeejay | Feb 2, 2014 | annuities
Pension giant Prudential has been criticised for offering uncompetitive annuity rates to retirees that could reduce their old age income by thousands of pounds. The insurer was highlighted by pension expert Ros Altmann for failing to compete on a level playing field...
