Month: March 2015

ADVICE YOUR CAN TRUST

A quick summary of the new pension rules

A quick summary of the new pension rules

We’ve referred to various forthcoming changes to defined contribution pension rules throughout our previous articles. The good news is that these changes see most people set to benefit on all fronts. But we thought it would be handy to do a quick summary for you. So,...

What happens if you die before taking your pension benefits?

What happens if you die before taking your pension benefits?

Firstly, please accept our apologies for coming over all morbid, but this is an important question. Obviously, when you’re saving into a pension it’s in the hope that you’ll get to enjoy the fruits of your labour over a long and happy retirement. But, sadly, that’s...

Pensions and tax relief: Keep hold of more of your money!

Pensions and tax relief: Keep hold of more of your money!

Tax doesn’t have to be taxing. So said the advert a few years back. And yet, despite those claims, tax is still seen as a complex issue by many, and navigating it with skill seems to be exclusively reserved for rock stars, large corporations and banks with offshore...

3 excellent reasons why it’s critical to review your pension

3 excellent reasons why it’s critical to review your pension

Finally. Your first pay slip from your new job. You tear open the edges, divert your eyes immediately to the bottom right, mentally note the amount, do a cartoon-style double take, then feel your rage increasing as you realise that you’ve been paid less than you were...

Annuity alternatives: Introducing Income Drawdown

Annuity alternatives: Introducing Income Drawdown

For many people, pensions are a bit of a mystery. In actual fact, the concept of a pension is really straightforward. During your career, you put away some money each month. That money sits in a pot that you can’t touch until you reach retirement age, at which point...

What is an annuity and what do you need to be aware of?

What is an annuity and what do you need to be aware of?

What if I told you that you that you could have a guaranteed £500 a month for the rest of your life? What if you could have that money whether or not there was a stock market crash, house price plunge or global debt crisis? What if you gave me most or all of the money...

Terrific reasons why you need to start a pension right now

Terrific reasons why you need to start a pension right now

Our last article focussed on WHY you should invest in a pension, and we think we made a pretty compelling point. But we wanted to explain a bit more about why the WHEN you invest can have a big impact on the overall value of your pension. We realise it’s a bit of a...

Why saving into a pension is a really, really good idea

Why saving into a pension is a really, really good idea

Spoiler alert: Because money is worth more in the future. Imagine this scenario. You’re standing in the coffee shop before work. Without realising it, the trip has become part of your daily ritual, and as you approach the counter the Barista takes out their marker pen...

Personal pensions: we helpfully tackle 7 of your top questions

Personal pensions: we helpfully tackle 7 of your top questions

We’ve covered the State Pension and company pensions, so we’re now completing the set by looking at personal pensions. As with most things pensions-related there’s more than one name for these – you might also hear the phrase ‘private pension’. What is a personal...

Company pensions: 10 of your top questions easily answered

Company pensions: 10 of your top questions easily answered

These little beauties have various names and guises: company pension, occupational pension, workplace pension…Here, we’ll try to steer you through the basics so you know what you’re dealing with. So what is a company pension? Joining your company pension scheme might...