Retirement: Two new ways to access your pension. How will they work? Will you...
The devil is in the detail of any Budget, but it normally doesn’t take five months to be confirmed. After announcing the new ‘Pension Flexibility’ way back in March, the Government has finally revealed...
View ArticleRetirement: Discover the number one fear of pensioners and our six top tips...
What’s the number one fear for people in retirement? Keeping fit? Staying healthy? Losing your partner? No, it’s inflation and the rising cost of living. A recent survey by MGM Advantage has found that...
View ArticleRetirement: ‘Death tax’ on pensions to be cut
In a surprise move, the Chancellor George Osborne, has announced a major overhaul in the tax treatment of pension death benefits. The announcement is the missing piece of the jigsaw following the...
View ArticleRetirement: Pensions Freedom – 6 mistakes to avoid
The introduction of ‘Pensions Freedom’ means 2014 goes down as the year pensions were changed forever. The changes will certainly give you more flexibility when it comes to accessing your pension pot....
View ArticleRetirement: Pension myths, misconceptions and the occasional informed comment
Every so often a newspaper prints a financial story which really captures the imagination of their readers. Last Saturday such a story was published in the Telegraph under the dramatic headline:...
View ArticleRetirement: Planning to raid your pension to invest in buy to let? 6 reasons...
New research has discovered that an astonishing number of people plan to raid their pension pot and invest in buy to let property. From April next year anyone over the age of 55 will have unprecedented...
View ArticleIncome Drawdown: Considering Income Drawdown? Do you know the risks?
Following reforms announced earlier this year new figures have shown that pensioners are piling into Income Drawdown contracts. At the same time the average amount being transferred to Income Drawdown...
View ArticleRetirement: Government expects people to make “wrong choices”, 7 ways to...
2014 has been a momentous year for pensions, with possibly the biggest changes in a generation announced. However, according to the man overseeing the new rules, Pensions Minister Steve Webb, some...
View ArticleRetirement: 6 reasons why you should still consider an Annuity
Ask 100 pensioners if they want a guaranteed income in retirement and we’d suggest most would say “yes”. But ask the same people whether they would like to buy an Annuity and many will say “no”. It’s...
View ArticleRetirement: Do Annuities still have a part to play?
Annuities have had a tough time over recent years. The general dislike of this particular financial product, can probably be traced back to a time when anyone turning 75 had to buy one. Even though...
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