by bflindall | Aug 5, 2015 | pensions, retirement
People should consider paying into a pension as early as possible. Research from Brewin Dolphin show that for a target net pension of £20,000 at age 68 – excluding the state pension currently set at £115.95 per week for a single person – 25-year-olds would need to...
by bflindall | Jun 25, 2015 | pensions, retirement
The new state pension will start in April 2015 with the introduction of a single-tier state pension which aims to simplify state pension advice for those retiring. An individual’s state pension is based on their National Insurance record. Under the current...
by Psyphadeejay | May 14, 2015 | pensions
Financial Adviser Leicester – Flexible Drawdown Opening remarks from Credencis – ‘ Financial Adviser Leicester ‘ ” The most significant change to be implemented to the flexible drawdown option is the removal of the requirement for a client to...
by Psyphadeejay | Dec 13, 2014 | pensions
Hundreds of thousands of savers with “final-salary” pensions, which are considered the Gold status of company pensions, are planning to trade in their future guaranteed income for a cash lump sum. It is estimated that as many as 10pc of the 3.7 million private sector...
by Psyphadeejay | Oct 9, 2014 | pensions
The Chancellor announced on Monday 29 September 2014 that from April 2015 individuals will have the freedom to pass on their unused defined contribution pension to any nominated beneficiary when they die, rather than paying the 55% tax charge which currently applies...
by Psyphadeejay | Jul 1, 2014 | pensions
