by Tom Quick | Nov 10, 2023 | Pensions
How to plan your finances ahead of retirement. For many savers, retirement can seem like a far-off or even unattainable goal. But to maximise your chances of retiring comfortably, early planning is essential. Recent research from Canada Life shows that a worrying...
by Tom Quick | Aug 20, 2023 | Pensions
Hunt says changes will unlock £75bn of investment. On the evening of Monday 10 July 2023, Chancellor Jeremy Hunt delivered a speech at Mansion House in the City of London framed around “looking further ahead”, rather than just dealing with the immediate inflationary...
by Tom Quick | Mar 7, 2023 | Pensions
Why it pays to save for retirement. Tax relief is one of the best features of using a pension to save for retirement. When you pay into your pension, some of the money that would have gone to the Government as tax goes instead into your pension pot, which can help...
by Tom Quick | Feb 8, 2022 | Pensions
Pensions usually fall outside of your estate. Inheritance tax was thought to be ripe for reform in last year’s Autumn Budget but, as it happened, it was left untouched for another tax year. What that means is the £325,000 nil-rate band has been in place since 2009,...
by Tom Quick | Nov 14, 2021 | Pensions
Understanding your early-access pension options. Despite remaining complex, pensions offer you far more flexibility from the age of 55 (rising to 57 from 6 April 2028) than was once possible. If you are approaching 55, you might be feeling a twinge of trepidation or...
by Tom Quick | May 11, 2021 | Pensions
How might the big freeze affect you? Traditionally, most people get nowhere near breaching the pensions lifetime allowance, but that’s likely to change over the next five years. The lifetime pensions allowance is currently £1,073,100. In his Spring Budget on 3 March...
