Taking your pension

Posted on May 2, 2018 by - Uncategorized

Using different parts of one pension pot or using separate or combined pots

Under the new flexible pension freedoms rules, you can now mix and match various options, using different parts of one pension pot or using separate or combined pots. (more…)

Buying an annuity

Posted on May 2, 2018 by - Uncategorized

A regular retirement income for the rest of your life

One way to use your pension pot is to buy an annuity. This gives you a regular retirement income – usually for the rest of your life. In most cases, this is a one-off, irreversible decision, so it’s crucial to choose the right type and get the best deal you can. (more…)

Deciding what to do with your savings in retirement

Posted on May 2, 2018 by - Uncategorized

Make sure you don’t run out of money or face a reduced standard of living

The start of the tax year on 6 April 2017 saw the launch of the Lifetime ISA (LISA), which was announced in the 2016 Budget. This new type of ISA is designed to help you save for a first home or for your retirement at the same time. To be eligible, you have to be aged between 18 and 39 years old (up until your 40th birthday). (more…)

Embracing the benefits of retirement

Posted on May 2, 2018 by - Uncategorized

New lease of life and new-found time

As with any new life stage, planning often helps a smooth transition from the old to the new. Preparing properly for anything new requires planning and commitment. Spending time on planning now will ensure you enjoy the retirement you’ve worked hard to achieve. (more…)

Tips to minimise the tax you pay

Posted on March 7, 2018 by - Financial News

Have you utilised all your year-end tax planning deadline opportunities?

As we near the 2017/18 tax year end on 5 April, if appropriate to your particular situation, we’ve provided some tax planning tips to help you maximise the use of your various tax allowances and minimise the tax you pay.

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