by hollyelaine | Apr 2, 2020 | Archive
Financial Adviser Nottingham – SIPPs Opening remarks from Credencis: ( financial adviser Nottingham ) “SIPPs (Self Invested Personal Pension) have a considerable number of investment features that altogether and somewhat individually project an attractive pension...
by hollyelaine | Apr 2, 2020 | Archive
Section 32 Buyout The paid-up pension rights and entitlements from a previous employment such as an occupational pension scheme can be transferred to section 32 buyout policies. These policies were introduced in 1981 and where the scheme member is transferring...
by hollyelaine | Apr 2, 2020 | Archive
FSAVC Schemes A pension plan where the scheme member can make extra contributions that are separate from the occupational pension scheme is called a free standing additional voluntary contribution (FSAVC) scheme. The FSAVC contributions are free standing in that they...
by hollyelaine | Apr 2, 2020 | Archive
NEST From October 2012 the UK Government will introduce a new pension scheme to the UK as part of a bigger overall pensions reform strategy. Previously known as “personal accounts” or “personal account pensions”, pensions minister Angela Eagle announced...
by hollyelaine | Apr 2, 2020 | Archive
Introduction Employer pensions such as final salary schemes offer valuable benefits, having evolved significantly since 1975 when there were no statutory rights afforded to the member on leaving early. The Social Security Act 1973 (SSA 73) brought in major...
by hollyelaine | Apr 2, 2020 | Archive
Stakeholder Pensions Part 1 of the Welfare Reform and Pensions Act 1999 (WRPA) introduced the new stakeholder pensions and this pension regime was made available from the 6 April 2001 as the governments intention to simplify and reduce the cost of pension planning to...
