Unclaimed pension credit could help pensioners tackle cost of living crisis
Pension credit is available to people over State Pension age on low incomes. With £1.7 bn going unclaimed by 850,000 pensioners, it's a valuable benefit that could help thousands handle the cost of living crisis.
VIDEO: Reducing a shortfall in your State Pension entitlement
Find out how to best reduce a shortfall in your State Pension forecast, so that you can take action now.
How to interpret your State Pension forecast
So you've got hold of your State Pension forecast but what does it all mean? This video helps you to interpret your state pension forecast
How to obtain your State Pension forecast
Your State Pension may be a key piece of your retirement income jigsaw, but getting hold of an entitlement forecast is not straightforward. Here’s how to do it step by step.
VIDEO: Everything you should know about State Pensions in the UK
Everything you should know about State Pensions in the UK so you understand what you’re entitled to when you reach State Pension age.
The future of the pensions lifetime allowance
One of the subtle tax increases introduced in the March 2021 Budget was a freezing of the pensions lifetime allowance until April 2026 at its 2020/21 level of £1.0731m. Like any freezing of an allowance, it is designed to produce extra tax as inflation and/or economic growth drag more taxpayers over the fixed threshold.
Lifetime Allowance Advice
You have worked hard to accumulate a sizeable pension pot and want to ensure you can access it as tax efficiently as possible in retirement.
Pension Drawdown Advice
Income drawdown is a way of taking money out of your pension to provide you with a regular retirement income in retirement. You have to be aged 55…
Trusts Registration Service – does your trust need to be registered?
I need to let you know about some new rules surrounding trusts. This is only relevant if you are a trustee. Or if you were thinking about setting up a trust, maybe for your children or grandchildren. If neither of these apply to you, then feel free to click delete and move on!
The minimum pension age will definitely increase to 57 by 2028
HM Treasury has confirmed the government’s intention to raise the normal minimum pension age from 55 to 57 in April 2028.
Funding Retirement Continues to be Biggest Money Worry for UK Employees
More than a third (34%) of UK employees named funding retirement as their top money worry, with the issue coming out on top for the second year running,
Considering topping up your State Pension but confused by your National Insurance Record and State Pension Forecast?
It’s not surprising that you might be. Under the new State Pension, you need 35 qualifying years to get the full amount, currently £168.60 per week.
Annuities – why it could be suitable for you
Everything you need to know about annuities This week, we are discussing one of the key questions many people have as they approach…
Everything you need to know about the State Pension
The State Pension is a regular payment from the government when you reach a set retirement age, that's based on the national insurance contributions…
Thousands expected to be in breach of pensions Lifetime Allowance
Are you at risk of facing a 55% tax charge? New analysis* published in March by mutual insurer Royal London has shown, for the first time,
Contributing to a family member’s pension
Did you know it is possible to contribute to someone else’s pension? This is particularly useful if you have already maximised your pension contributions,
Pension contributions after retirement – How could you benefit?
Did you know you can still contribute to your private pension even if you’ve stopped working or retired? Not only can you contribute but you can also receive,
New app allows you to understand and analyse your pensions
Up to 11 pensions to keep track of People struggle to keep track of their pensions – 3 out of 5 people don’t know what they have.
Are your financial adviser fees outstripping your pension growth?
We receive a number of clients from St James's Place each year. For those who don’t know St James's Place, they are a large provider of Pension…
Tax trap for pension lump sums
If you are 55 or over with a money purchase pension fund then you can’t have missed that from 6th April this year you can take your entire fund in cash –