Changes to pension access are coming and if you are under 47 and wanted to be retiring by age 55 then you might need to think again. These types of rule changes are always something you need to be mindful of when saving into a pension. Governments over the years have...
It appears many Consultants and senior NHS staff are opting out of the NHS Pension which means they are leaving the scheme. This in turn means they lose future benefits. The main reason for this is the increase in tax bills many are facing as a result of a change to...
Have you been working for different employers over the last few years and as a result ended up with some small pension pots? Are the amounts in these small pension pots unlikely to make any difference to your retirement in the future? Would it be better to get the...
The start of the new tax year brought about an increase in the minimum contributions that need to be made to your workplace pension scheme, and with it a potential tax trap for high earners and/or more generous employers. The Tax Trap From the 6th April 2019 the total...
Yes it’s nearly that time already….. tax year end. The 5th April is the end of the tax year in case you didn’t know, and whilst there is still just under 2 months to go, I thought I would give you plenty of time to make the most of some planning ideas that could save...
