So, where are we at with annuities?
So, where are we at with annuities? Mark Swann, director of Simply Retirement gives his thoughts on where the annuity market currently stands, and indeed where we are headed in terms of retirement...
View ArticleMaximise Pension or Tax Free Sum?
Maximise Pension or Tax Free Sum? Is it a good idea to maximise how much you take or to leave as much for the annuity? If you were to take the 25%, what should you do with it? Are there investments you...
View ArticleAre you Trapped in Cash?
Are you ‘trapped’ in Cash? This has been written with pension funds in mind but you will find the concept applies just as well to larger sums of money sitting in building society or bank accounts....
View ArticleShould I Hold off Buying an Annuity in Case Rates Improve
Should I Hold off Buying an Annuity in Case Rates Improve Annuities are bought by those retiring in exchange for providing an income. Having considered the ‘expert’ opinion I think the question most...
View ArticleNot Getting Enough from your Savings?
Not Getting Enough from your Savings? Published August 4th 2013 With the recent comments by Mark Carney, the Governor of the Bank of England, that interest rates will not be reviewed until unemployment...
View ArticleThe Budget 2014 – Key Changes To The Annuity & Drawdown Market
Budget 2014 – The key changes for annuities In summary, it’s business as normal with a little added flexibility. Changes from 27 March 2014 to defined contribution (DC) pension pots (Personal...
View ArticleTake advantage of your ISA allowance
Take advantage of your ISA allowance The ISA allowance has been increased to £15,000 per individual from 1 July 2014. The Government has created the New ISA (NISA) with a £15,000 limit to make the...
View ArticleFinal Salary Pension Schemes – Warning
Final Salary Pension Schemes This will effect you if you have a deferred Final Salary Pension plan or Defined Benefit Pension. If you are a deferred member, i.e., you have left your employer but the...
View ArticleDo you have money invested in an ISA? There may be a better place for this...
Do you have money invested in an ISA? There may be a better place for this money! Investing in an ISA has been a very attractive option and this is being extended by the government in the budget...
View ArticleWhy take Drawdown Advice
Why take advice? The Financial Conduct Authority (FCA) produced a report called the Retirement Outcomes Review (MS16/1.3) in June 2018 which commented on how benefits were being taken since the Pension...
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