Posts Tagged ‘PENSIONS’

How to Use Your Pension to Reduce Your Tax Bill

How to Use Your Pension to Reduce Your Tax Bill Incredibly there are now more than 4 million people in the UK who qualify to pay the higher rate of tax (at a not-to-be-scoffed-at 40%). But what many of those higher rate taxpayers do not realise is that they could possibly avoid being caught by […]

Getting divorced? Beware the financial implications for retirement.

Beware the financial implications for retirement if you’re getting divorced I have never been married and therefore have never been through a divorce. I know friends who have though, and I know what an emotionally draining and painful experience it can be. Unfortunately, it’s also financially draining – but did you know the financial effects […]

Don’t live on the breadline when you retire in the UK

Don’t live on the breadline when you retire in the UK Did you know that nearly one million British pensioners are still working? Sure, maybe they enjoy their jobs – but more likely, they can’t afford to retire. The gap between how much people save and the amount they expect to live on when they […]

Annuity Rates on the Rise

It has been speculated that annuity rates are set to rise due to the recent increase in gilt yields. This week the BBC revealed Aviva’s rate has changed: “for a man aged 65 and partner aged 60 with a joint pension pot of £100,000, the firm has increased its annuity by nearly £100 a year […]

The Benefits of having a SIPP – Self Invested Personal Pension

Bеfоrе dіѕсuѕѕіng thе роtеntіаl bеnеfіtѕ оf а Sірр, іt іѕ wоrth brіеflу dеѕсrіbіng whеn Sірр’ѕ саmе іn аnd whо is еlіgіblе tо hаvе а Sірр. Sеlf іnvеѕtеd реrѕоnаl реnѕіоnѕ ѕtаrtеd іn 1999 аѕ а рrоduсt аvаіlаblе tо UK соnѕumеrѕ. Thе Sеlf-Invеѕtеd Pеrѕоnаl Pеnѕіоn (SIPP) іѕ еѕѕеntіаllу а реnѕіоn wrарреr thаt іѕ сараblе оf hоldіng іnvеѕtmеntѕ […]

Powered by WordPress