Dec 14

    Retiring in good health

    How new pension fund rules could increase life expectancy With the news that the tax charge on pension funds will be removed before age 75, some commentators have suggested that over 90% of people retiring in good health should expect to live beyond...


    Dec 14

    Pension tax charge abolished sooner rather than later

    New rules will simplify the existing regime from April 2015 The Chancellor, George Osborne, has brought forward the expected announcement on the tax charge that applies to certain individuals' pensions on their death. The new rules will simplify the existing regime and come into force from April 2015, abolishing the 55% tax that applies to untouched defined contribution pension pots of people aged 75 or over, and to pensions from which money has already been withdrawn. Drawing pension money </stron...


    Dec 14

    State Pension changes on the horizon

    Over half of the UK population are unaware of government plans Over half of the UK population are unaware of government plans to reform the State Pension and the impact that will have on them, according to recent research[1]. Among the 55 to 64-year-old age group, 32% are unaware of the changes. The study found 57% thought the new flat rate State Pension would be worth less than £150 per week – the weekly amount recently set by the Government and due to come into effect in April 2016. Under...


    Nov 14

    Educating investors

    Six years after the start of the financial crisis, what lessons should we have learnt? 1 Plan for the unexpectedMany believe that markets are much safer today than they were six years ago, thanks in large part to the numerous ...