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10 Pension Tips
1 - Pension Freedoms - What are your next steps? Make sure you have a clear picture of what pensions you have- some people lose track of old pensions from previous jobs, especially after moving property. Use the free government service to track down your money:...
Are you looking for Pension Advice?
Credencis are Pension Transfer Specialists based in the UK offering an inital free pension advice service. Initially most consumers will google Martin Lewis, Citizens Advice, Pension Wise, or the Money Advice Service for free information. Common searched for questions...
Loopholes to Maximise Your Pension
Try these loopholes to maximise your pension 1 You are over age 55, and already receiving your drawdown pension. Invest up to £4,000 per year into a pension, you pay £3,200 net and this is topped up by 20% tax relief. Immediately you withdraw the money. The first 25%...
The best and worst annuity providers in 2017
According to FT Adviser These Are Currently The Best Annuity Providers At the bottom of the pack are the Prudential who are now closing their annuity business, probably due to consistently poor performance . As of 06/02/2017 10-year gilt yields value of...
How much pension money can you release?
Releasing money from your pension fund allows you to access your savings before you retire, or before the full term of the pension is up. Release 25% Tax Free You can take up to 25% of your pension’s value, completely Tax Free, as a cash lump sum to spend on whatever...
Swap Your Final Salary Pension For Cash?
Is it wise to swap your final salary pension for cash ? The new pension freedom rules arrived in April 2015 to a blaze of publicity. Anyone with a 'money purchase' scheme, also known as 'defined contribution can access their money from age 55. It's good practice to...
How to live off your Pension fund in Retirement – Pension Advice Derby
Pension drawdown allows you to keep your fund invested in retirement as opposed to buying a miserly and restrictive annuity. The issue is that while many individuals detest the possibility of an annuity, the alternative means keeping your money invested which brings...
Take Advantage of the new Lifetime ISA to boost savings – Pension Advice Nottingham
The government recently unveiled plans for a new lifetime ISA, which will be launched in April 2017. The new ISA addition was designed to help younger people save for both a house and their retirement. So for anyone between the ages of 18-to-40, you can basically save...
High Earner’s need to pay into pension’s before April 2016 – Pension Advice Derby
The government are introducing pension rules which could leave high earners with unexpected tax bills. From 6 April 2016, the annual allowance will be tapered from £40,000 for those with earnings of £150,000 or more down to £10,000 for those with income of £210,000 or...
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