Defined Benefit Pensions and the Lifetime Allowance

Defined Benefit Pensions and the Lifetime Allowance

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...
5 Benefits Of Consolidating Your Pensions

5 Benefits Of Consolidating Your Pensions

As you approach retirement one of the biggest jobs you will probably need to consider is whether you should be consolidating your pensions.  There are some great benefits to consolidating your pensions but also a few things you need to check before you do.   Why...

Weekly Financial Update – 26.11.2020

Schedule a call Risk warning: Stock market linked investments and any income from them, can fall as well as rise and is not guaranteed. Any figures quoted are for illustrative purposes and should not be taken as a forecast or guarantee. Past performance should not be...
Can Pensions Be Inherited?

Can Pensions Be Inherited?

Your pension is likely to be the second biggest asset you own after your home and therefore if you die it’s important to understand whether this wealth can be inherited.   There is no one rule when it comes to the inheritance of pensions. There is a complicated mess...
Weekly Financial Update – 21.05.2020

Weekly Financial Update – 21.05.2020

https://www.youtube.com/watch?v=FopU1WXCxnE&t=15s The situation is becoming more difficult if you are planning to review and possibly transfer your defined benefit (final salary pension). A quarter of these pension schemes are suspending the calculation of...