Posts Tagged ‘Londonderry Financial Adviser’

Government reviews plans for NEST company pensions

Monday, June 7th, 2010

Government is looking again at plans for company pensions in the NEST scheme. Pensions minister Steve Webb has said he will review the ‘scope’ of the scheme, which currently aims to offer company pensions universally, to all employees.

Pension planning critical as UK comes ‘under new management’

Tuesday, May 11th, 2010

The pensions landscape is braced for further changes, as a new Government is expected to continue reshaping pensions provision in the UK. The only certainty is that pension planning by the individual has never been more critical, in an age when other stakeholders seek only to reduce their commitment to pensions provision.

Company pensions for all in NEST pensions review

Monday, April 26th, 2010

Company pensions for all in NEST pensions review

Every UK company will soon be required to offer pensions to all employees, following the launch of the National Employment Savings Trust (NEST). However, employers who act now can still exempt themselves from NEST by setting up their own scheme.

State pension for divorced spouses from partner’s NI contributions

Friday, March 26th, 2010

state pension

Using the facility of ‘substitution’ a divorced homemaker, who has never worked, can obtain a state pension, by claiming on her former partner’s National Insurance contributions.

Pension savings will fund setup of government NEST pension

Monday, March 22nd, 2010

pension savings

The £600m loan to set up the NEST government pension scheme is to be repaid by a 2% levy on members’ pension savings. Members may also lose state pension credits, because of their NEST savings, experts warn.

Basic State Pension no longer meets needs

Wednesday, March 3rd, 2010

Are you one of the 27% of people soon to retire, who will rely on the basic state pension as their main means of support? If so, then you could be receiving basic state pension benefits that currently stand at less than £5,000 a year.

Still counting on ‘Nanny State’ for a generous state pension? Think again…

Thursday, January 28th, 2010

Latest facts released by the pensions industry are revealing some worrying trends with regard to our levels of pension saving … or not saving.

Govt to scrap compulsory retirement age as 30% of pensioners live in poverty

Tuesday, January 12th, 2010

Compulsory Retirement Age

The government is to scrap the compulsory retirement age of 65, allowing employees to seek the agreement of their employer to work into their 70s.

Living on the State Pension: your personal wake-up call

Thursday, November 26th, 2009

Could you survive on just the basic state pension?  The basic state pension currently pays out £95.25 for an individual. This can be supplemented with Pension Credit, which can bring the total up to £130, or £198.45 for a couple. However, Pension Credit is means-tested, in other words, you will not get it if you [...]

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