pension

Surge in final salary transfers

Monday, 19 June 2017 | News

Financial advisers are reporting a surge in the number of final salary scheme members who are trading in their pension plans for cash.

Keep your finances strong and stable post election

Friday, 16 June 2017 | Article

After the shock result of the General Election, which saw the Conservatives ‘win’ but without the majority they needed, the economic and political outlook for the UK is looking anything but ‘strong and stable’.

Second new pensions minister appointed in less than 12 months

Wednesday, 14 June 2017 | News

Guy Opperman, the MP for Hexham, has been appointed as Parliamentary Under-Secretary for Pensions and Financial Inclusion at the Department for Work and Pensions (DWP), it’s been announced today.

Ask The Experts: Can I take cash out of a small pension pot without paying much tax?

Friday, 26 May 2017 | Question and Answer

I am trying to decide if I should withdraw my entire pension pot of £26,000 in spite of the tax bill of about £4,000 to £5,000.

Money makeover: “Can we educate our three children privately and have enough left over for retirement?”

Thursday, 25 May 2017 | Article

For Kevin Short and Ruth Kirtland, private schooling for their sons is high on their wishlist, along with a comfortable retirement – but they’ll need to compromise.

Scam watch: investigation opened into ‘storage pod’ pension liberation scams

Wednesday, 24 May 2017 | News

An investigation into investments in ‘storage pods’, which may be used by fraudsters as pension liberation scams, has been opened by the Serious Fraud Office (SFO).

How to reclaim tax on pension withdrawals

Tuesday, 23 May 2017 | Article

Two years after the introduction of the pension freedoms, tens of thousands of over 55s have failed to reclaim overpaid tax on their withdrawals. We explain how to do it.

Will I have to wait until I'm 65 to get a share of my ex-husband's pension?

Monday, 22 May 2017 | Question and Answer

Our pension expert answers a readers question on how long they have to wait for a share of an ex's pension

Pension savers left in limbo as key changes left out of Finance Bill

Wednesday, 26 April 2017 | News

The proposed reduction to the amount savers can put back into a pension once they have started taking an income appears to have been given a temporary stay of execution.

Over 45s spend more time planning holidays than their retirement

Wednesday, 26 April 2017 | News

Pre-retirees spend more time planning their holidays and redecorating their homes than planning their retirement.