Friday, September 10th, 2010
You may be surprised at the diverse range of pensions annuities to suit every situation. You can opt for an annuity that pays to your family, after you’re gone, or one that doesn’t pay at all – for the moment. This is our round-up of the main annuity types. Read More
Tags: Annuities, Annuity Advice, Pensions Annuities, Pensions Planning, Retirement Planning
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Monday, September 6th, 2010
Enhanced annuities offer a higher pension income to those whose life expectancy is reduced by smoking, or certain conditions including high blood pressure and high cholesterol. Demand for enhanced annuities was up by 41% in the first half, indicating that good pensions advice is making consumers more ‘savvy’ in their retirement planning.
Tags: Annuities, Annuity Advice, Pension Advice, Pension Planning, Pensions, Pensions Annuities, Pensions Annuity, Personal Pensions, Retirement, Retirement Income, Retirement Planning
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Monday, July 26th, 2010
Pensions savers may be losing out on 20-30% of potential pension income, by buying their pensions annuity without taking unbiased financial advice. Many pensions companies fail to clearly explain to savers their right to shop around – the so-called ‘open market option’.
Tags: Annuities, Independent Financial Advice, OFT, Pension Advice, Pension Annuities, Pensions, Pensions Annuities
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Friday, July 16th, 2010
The Government has published its proposals to scrap requirements on purchasing an annuity by age 75. This will give pensions savers more flexibility to time purchasing an annuity, to increase pension income and get a better annuities deal Read More
Tags: Annuities, Income Drawdown, Pensions, Pensions and Retirement, Pensions Annuities
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Wednesday, June 16th, 2010
Budget proposals for June 22nd include changes to pensions, Income Tax, and Capital Gains Tax. They could also open up valuable investment opportunites in both Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EISs). How will the government cuts affect you? Click this headline to read all about it
Tags: Basic State Pension, Best UK ISA Funds, Capital Gains Tax, Certified Financial Planner, First Time Buyer Mortgage, First Time Buyer Mortgages, IHT, IHT Planning, Maximum Pension Contribution, NAEA, National Association of Pension Funds NAPF, Pension Savings, Pensions, Pensions Annuities, Professor David MacKay, Reclaim Capital Gains Tax, Reclaim Income Tax, Repossessed Spanish Property, Venture Capital Trusts
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Wednesday, June 2nd, 2010
Elderly care home residents could face a hefty capital gains tax bill on selling their home. Are you or your family affected? Click on headline to read more.
Tags: Avoid Tax, Best Mortgage Deal, Capital Gains Tax, Certified Financial Planner, Critical Illness Insurance, Efficient Tax Planning, Financial Planning, HMRC, Pension Transfers, Pensions Annuities, Repossessed Spanish Property, Tax, Tax Guidelines
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Monday, March 8th, 2010
The minimum age for taking company pensions and personal pensions rises from 50 to 55 on April 6th. Numbers of those retiring were up by over 20% in January, as many rush to retire before the deadline.
Tags: AIB Bank, Aon Consulting, Commercial Loans, Company Pensions, Maximum Pension Contribution, Mortgage Insurance, Pensions, Pensions Annuities, Personal Pensions, Standard Variable Rate
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Thursday, February 11th, 2010
A lack of understanding of pensions annuities can lead to uninformed choices that cost thousands, according to Aviva. Retirees need quality financial advice to ensure they buy the annuity that is right for them.
Tags: AIB Bank, Aviva, Best Maxi ISA, Commercial Loans, Company Pensions, DWP, Financial Advice, Life Policy, Loan Insurance, Maximum Pension Contribution, Mortgage Deposit, Pension Advice, Pension Annuity, Pensions, Pensions Annuities, Personal Pension
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Monday, December 7th, 2009
Many claimants seeking tax credits may miss out on up to £500 of their entitlements, because the Revenue (HMRC) is failing to make them aware of their full entitlements.
While backdating of tax claims is automatic for people with children, there is no automatic backdating of tax credit claims for people with no children, who were in work prior to submitting a claim – even though they are entitled to backdate for up to three months, according to the Low Incomes Tax Reform Group (LITRG).
Tags: Financial Planning, HMRC, LITRG, Low Income Tax Reform Group, National Association of Pension Funds NAPF, Pension Transfers, Pensions Annuities, Reclaim Income Tax, Repossessed Spanish Property, Tax, Tax Guidelines, Variable Rate Mortgages, VCT
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Wednesday, July 22nd, 2009
Are you a high earner? Then being alert to certain aspects of your tax planning regime could save you a substantial sum. From next (tax) year, April 2010, new rules come into effect that you should be aware of. As of next April, if your salary is over £100,000, then you may wish to consider that you face a [...]
Tags: Critical Illness Insurance, Efficient Tax Planning, Free Banking, Income Tax, Life Insurance Products, Maxi ISA Contribution, Maximum Pension Contribution, Pension, Pension Scheme, Pensions, Pensions Annuities, Repossessed Spanish Property, Tax Efficiency, Tax Guidelines
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