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How to live off your Pension fund in Retirement – Pension Advice Derby

by bflindall | Jul 11, 2016 | annuities, pensions

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

by bflindall | Mar 23, 2016 | ISAs, pensions

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

by bflindall | Jan 29, 2016 | pensions, retirement

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...

Release up to 25% of your pension funds tax free – Pension Advice Nottingham

by bflindall | Jan 12, 2016 | pensions, retirement

If you are over 55, you can access up to 25% of your pension funds tax free and what’s more, you can do with it whatever you wish. One of the big benefits of pensions has always been the tax free cash lump sum you can take when you retire. In general you can take up...

UK State Pension’s the worst in the world – Pension Advice Derby

by bflindall | Jan 6, 2016 | pensions, retirement

A new report by the Organisation for Economic Cooperation and Development (OECD), confirms UK pensioner’s will retire on just 38% of their former salary. Depressing statistics eh? A full state pension from April 2016 will pay £155.65 a week. That is based on you...
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