Pension savers who saw the value of their pensions fall by 20% during the economic storm of 2008/9 could have to triple their pensions contributions, to stay on course with their retirement planning.
Pension savers who saw the value of their pensions fall by 20% during the economic storm of 2008/9 could have to triple their pensions contributions, to stay on course with their retirement planning.
Not everything that has come from the Chancellor in the past year has been bad news for high earners.
Last April’s Budget 2009 extended the facility for employers to carry back trading losses for up to three years.
The burden of pension planning is shifting towards the private individual. Here we give our top 5 questions to consider, when planning a personal pension.
The mainstay of government pension provision is currently the basic State Pension, funded by National Insurance Contributions, and alongside that, the pension credit scheme, which is a ‘top-up’ payment to the State Pension. From 2012, the government will take an initiative in pensions provision to company employees, known as the Personal Account. Here are the [...]
Until the recent budget, National Insurance at 11% formerly applied only to the first £34,840 of your income. On the remainder of your income above and beyond that, your National Insurance contributions were just 1%. However, this £34,840 threshold has now increased to £43,888, so that there is an additional £9,048 where national insurance takes [...]
There are no short cuts to building a decent pension. Start early, and save hard. The basic state pension is less than £5,000 a year, and with the average retirement now spanning 20 to 30 years, there has to be more cash ‘in the pot’. For a full pension, a woman must have 39 years [...]







