Topping Up Your State Pension

Topping Up Your State Pension

Jan 13, 2022 | Blog, Pension Planning

Topping up your State Pension before you get to your State Pension Age could give a significant boost to your retirement income for the amount it costs.   For a relatively small one-off payment, you could increase your State Pension for the rest of your life.   In...
Defined Benefit Pension Transfer Time Limits

Defined Benefit Pension Transfer Time Limits

Nov 18, 2021 | Blog, Pension Planning

Are you considering transferring your defined benefit pension and are you aware of the transfer time limits?    Defined benefit pensions need to have their transfer value manually calculated by the scheme administrators. This transfer value is only valid for a short...
Pensions After Death – Easing The Pain

Pensions After Death – Easing The Pain

Nov 11, 2021 | Blog, Pension Planning

Do you know what happens to your pensions after death?   After all, your pension pot is likely to be the second biggest asset you own after your home.   The pension pot you leave behind after death can provide a huge benefit to those you love. However if you have the...
Trying To Get Defined Benefit Pension Advice

Trying To Get Defined Benefit Pension Advice

Oct 28, 2021 | Blog, Pension Planning

If you are trying to get defined benefit pension advice you might struggle.  I’ve written before about why it’s nearly impossible to transfer a defined benefit pension.   The rules and regulations are now so tough for Financial Planners, leading to very high...
Defined Benefit Pensions and the Lifetime Allowance

Defined Benefit Pensions and the Lifetime Allowance

Sep 16, 2021 | Blog, Pension Planning

The pension Lifetime Allowance was introduced in 2006 and is the total amount you can build up in pensions savings before incurring a tax charge.   For defined contribution pensions e.g. personal pensions and auto-enrolment company pensions it is easy to work out the...