by bflindall | Aug 31, 2015 | annuities, pensions, retirement
The new Pension Freedom rules allow members of final salary pension schemes, or defined benefit (DB), to switch into defined contribution (DC) arrangements and take advantage of the changes. This allows members of defined contribution (DC) schemes to access their...
by bflindall | Aug 5, 2015 | pensions, retirement
People should consider paying into a pension as early as possible. Research from Brewin Dolphin show that for a target net pension of £20,000 at age 68 – excluding the state pension currently set at £115.95 per week for a single person – 25-year-olds would need to...
by bflindall | Jun 25, 2015 | pensions, retirement
The new state pension will start in April 2015 with the introduction of a single-tier state pension which aims to simplify state pension advice for those retiring. An individual’s state pension is based on their National Insurance record. Under the current...