The ban on contingent charging for defined benefit (DB) pension transfers, where financial advisers only get paid if a transfer goes ahead, takes effect from 1 October 2020.
The Government’s Coronavirus Job Retention Scheme comes to an end on 31 October 2020 in which a third of the UK workforce were furloughed. Given the […]
With many household incomes under pressure following the impact of coronavirus, it may be tempting for those aged over 55 to consider withdrawing from their pension […]
The impact COVID-19 has had on pension savings and the fact that many household incomes are under extreme pressure means individuals are now at greater risk of falling for a scam.
There are many advantages to choosing to use income drawdown to access your pension, one of the main ones is being able to access your assets in the most tax efficient manner.
Due to the global stock market volatility and the fact that household incomes are coming under extreme pressure, people aged 55 or over may be tempted to access their pension.
The turbulent markets we are experiencing at the moment are concerning for everyone, but especially for those who are in a defined contribution (DC) pension scheme […]
“Get it done!” Rishi Sunak has delivered his first Budget as Chancellor of the Exchequer, pledging a £30bn package to help the UK economy respond to coronavirus and investment in the future; announcing investments in the roads, railways, digital networks and public services.
Top ten commonly used jargon within the pension industry and what they actually mean.
Increasing pension payments by 1% of your salary could grow your pension pot by 25%