Category Archives: Uncategorized

Pension Freedom Withdrawals At All Time High

The mount of cash being withdrawn from pensions under the “pensions freedom” legislation reached an all time high in the second quarter of 2017. Between April and June this year, over 200,000 people released more than £1.86 billion, a 5% … Continue reading

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Pension Or Property, Which Gives Best Returns?

Many people have heard that property investment, usually in buy-to-let houses, is a great form of investment. But how does it compare to a pension? If you had the choice, would investing £100 in a pension, or in a property … Continue reading

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Will State Pension Age Changes Affect You?

The government yesterday announced that it was bringing forward planned changes to the state pension age, and was accused of trying to “bury bad news” by releasing the announcement on the same day as BBC salaries were revealed. But, once … Continue reading

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Defined Benefits Pensions – Transfer Advice

Many people who have “defined benefits” pensions and are thinking of transferring the cash to another scheme are curious about why they have to take advice from a qualified IFA (Independent Financial Adviser) before they can make the switch. Unbiased, … Continue reading

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Return Of Plan To Cut Pension Tax Relief

The government has brought back plans to cut pension tax relief for people who release some of their pension and leave the rest in their pension scheme. The cut will affect people who are over 55, reducing the amount they … Continue reading

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Payday Loan Companies Are Breaking The Rules

Some people look at pension loans as an alternative to payday loans, or as a way to pay off their debt from payday loans. There have even been suggestions from some financial experts that it would be better if people … Continue reading

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More Early Pension Release Warnings

We recently wrote that the FCA is warning that it may need to change “pension freedom” legislation, because it is concerned about people releasing the cash in their pension early. This came after they revealed the results of their study … Continue reading

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Pension Freedoms Could Be Reversed

The “pensions freedom” regulations, which were introduced by George Osborne in 2015, could be reversed by financial regulators. The FCA (Financial Conduct Authority) is releasing an interim version of a report on its investigation of how the retirement income market … Continue reading

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Cashing In Your Pension – How Much Will You Get?

Many people with “gold plated” final salary pension schemes are being offered seemingly generous incentives to cash in their pension at the moment. Thousands of people are wondering whether it is worth exchanging a guaranteed income in their retirement for … Continue reading

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Student Loan Salary Cap Could Be Raised

The government is coming under increased pressure to change the student loans system. Some are calling for a complete reform – making student loans into a tax. They argue that that is what they effectively are already. Others are calling … Continue reading

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