by bflindall | Jul 11, 2016 | annuities, pensions
Pension drawdown allows you to keep your fund invested in retirement as opposed to buying a miserly and restrictive annuity. The issue is that while many individuals detest the possibility of an annuity, the alternative means keeping your money invested which brings...
by bflindall | Mar 23, 2016 | ISAs, pensions
The government recently unveiled plans for a new lifetime ISA, which will be launched in April 2017. The new ISA addition was designed to help younger people save for both a house and their retirement. So for anyone between the ages of 18-to-40, you can basically save...
by bflindall | Jan 12, 2016 | pensions, retirement
If you are over 55, you can access up to 25% of your pension funds tax free and what’s more, you can do with it whatever you wish. One of the big benefits of pensions has always been the tax free cash lump sum you can take when you retire. In general you can take up...
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...
